After announcing the $5 million purchase of 990 WMYM/98.7 W254DT Kendall/Miami FL from Actualidad Media Group on Monday, Salem Media Group continues its return to the Miami market with the acquisition of Fenix Broadcasting Corp’s Spanish Talk “La Poderosa 670” WWFE/103.1 W276DV Miami and co-owned WRHC Broadcasting Corporation’s Spanish Variety “Cadena Azul” 1550 WRHC Coral Gables/98.7 W254DV Miramar FL for $5 million.
The deal follows the passing of WWFE and WRHC owner Jorge Rodriguez Sr. as Salem returns to the Miami market after the company sold its four stations off between 2017 and 2020.
https://radioinsight.com/headlines/244128/salem-acquires-two-more-in-miami/
Lance Venta, RadioInsight (2022-10-18)