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  1. #1

    Default Cumulus Media Sells KLOS-FM/Los Angeles for $43 Million

    From Radio Online:

    Cumulus Media has agreed to sell 63kW Rock KLOS-FM (95.5)/Los Angeles to Meruelo Media, a division of the Meruelo Group, for $43 million in cash. Meruelo Media will begin programming KLOS-FM under a Local Marketing Agreement (LMA) on April 16. Cumulus has also entered into a swap agreement with Connoisseur Media under … more

 

 

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