WKAQ-AM and WKAQ-FM to be sold to Hemisphere Media Group

[Y2kTheNewOldies]

https://radioinsight.com/headlines/225381/televisaunivision-to-sell-puerto-rico-stations-as-part-of-streaming-acquisition/

As part of its acquisition of Spanish language television streaming platform Pantaya from Hemisphere Media Group, TelevisaUnivision will divest some of their radio holdings in Puerto Rico.

Hemisphere will acquire assets that include Spanish News/Talk 580 WKAQ San Juan and Bilingual CHR “KQ 105” WKAQ-FM San Juan in the deal along with cash for Pantaya. The announcement does not make clear if WKAQ simulcasters 600 WYEL Mayagüez and 1420 WUKQ Ponce and WKAQ-FM simulcaster 98.7 WUKQ-FM Mayagüez are part of the deal.

Currently Univision inc is in the process of getting Pantaya in the deal.

 

[DavidEduardo]

https://radioinsight.com/headlines/225381/televisaunivision-to-sell-puerto-rico-stations-as-part-of-streaming-acquisition/

Currently Univision inc is in the process of getting Pantaya in the deal.

The principle of Pantaya and WAPA TV in Puerto Rico (Hemisphere) is also a principal of TelevisaUnivision... this is just a realignment of assets to move properties to where they are a better fit.