The New York Times Company has announced that it has sold Classical 96.3 WQXR New York for $45 Million as part of a three way deal with Univision and WNYC.
The way the deal is structured, Univision will pay $33.5 Million for the 96.3 frequency while WNYC pays $11.5 Million for the 105.9 frequency from Univision and the WQXR intellectual property. Spanish Tropical “La Kalle” WCAA will shift to the stronger 96.3 allocation.
96.3 WQXR is a Class B broadcasting with 6kw at 1362′, while 105.9 is a Class B1 with 610 watts at 1365 feet. The Non-Commercial WNYC operates Talk 820 WNYC and Talk/Classical 93.9 WNYC-FM in New York. In addition to La Kalle, Univision operates Spanish News/Talk 1280 WADO , rimshot Regional Mexican “92.7 La Que Buena” WQBU and two television stations in the New York market.