KYPA Los Angeles Sold
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.