Multicultural Broadcasting is selling one of its holdings in Los Angeles.1230 KYPA Los Angeles will be sold to Woori Media Group LLC for $6.2 million. The South Korean group has been brokering time on the station as “Radio K 1230“.
Multicultural also owns 106.3 KALI-FM Santa Ana, 1300 KAZN Pasadena, 1430 KMRB San Gabriel, 1580 KBLA Santa Monica, 1600 KAHZ Pomona and KILM-TV Barstow in the Los Angeles market. By selling KYPA, Multicultural can pull 900 KALI West Covina out of the trust that has held its license since 2007.
Joey Schwartzman
Lance, the call letters of the TV station in Barstow are actually KILM.