Let them eat something else! Some sad Bastille Day news. Surely someone could have ponied up a mere 45 mill?
From Reuters:
The New York Times Co said it will sell its New York City classical
music radio station WQXR for $45 million, in a two-part sale that will
help the struggling newspaper publisher pay off debt.
The station will continue to broadcast classical music, something it
has done for 73 years, but at 105.9 on the FM radio dial instead of
96.3 FM, the Times said in a statement on Tuesday.
Under the terms of the deal, Spanish-language broadcaster Univision
Radio will pay $33.5 million for the 96.3 slot on the FM radio dial
that the Times uses to broadcast WQXR.
Well, it’s WNYC who’ll be doing the broadcasting (with the WQXR call letters) at 105.9 FM.
The NY Phil and Met/other opera broadcasts will be maintained, they say, as will the all-classical format.
That’s not so bad, is it?
(Will they keep completely to the promise, and not bump music from morning drive-time in favor of The Takeaway – or yet another stream of NPR’s Morning Edition? There’s no way to know yet, but with WQXR as a public radio station, listeners will be able to hold fee to the fire the way they couldn’t at a commercial station.)