Disney completes exit from radio … nine years later

It was the summer of 2014 when The Walt Disney Company announced that it was exiting the broadcast radio business to focus on digital audio. (RAIN coverage HERE.) At that time the company quickly shut down 23 of its 24 stations, laying off 200 people in that process. The company leveraged Sirius XM and other online streaming platforms to distribute its content. 

It took nearly nine years to complete the exit. Disney has sold that 24th station to Calvary Chapel of Costa Mesa, as reported by Inside Radio. The station, KRDC, is a 50,000-watt (daytime) powerhouse with a reach of 15-million potential listeners. It was Disney’s flagship station, but two years ago its function changed to simulcasting KSPN — an ESPN station.

The acquisition is the third AM station in Southern California for Calvary Chapel of Costa Mesa.

Brad Hill