MILWAUKEE — Milwaukee-based Good Karma Broadcasting is paying $15 million to buy ESPN Radio stations in New York, Chicago and Los Angeles.
Good Karma at the moment operates the ESPN affiliate in Milwaukee.
The corporate hopes to conclude the transaction in the course of the first quarter of 2022, our companions on the Milwaukee Enterprise Journal report, and filed paperwork final week with the Federal Communications Fee.
Good Karma is shopping for ESPN 1050 (WEPN-AM) in New York, ESPN 710 (KSPN-AM) in Los Angeles and ESPN 1000 (WMVP-AM) in Chicago – all at the moment owned by ESPN.
Good Karma has been working ESPN 1000 in Chicago since 2019 below an area settlement, the BizJournal studies.
In addition to proudly owning the native ESPN station WKTI-FM (94.5) in Milwaukee, it additionally owns WTMJ-AM (620) and 101.7 The Reality. The channels at the moment work out of the historic ‘Radio Metropolis’ constructing, the place TMJ4-TV is situated, however will quickly be shifting to a brand new headquarters at The Avenue in downtown Milwaukee. TMJ4-TV is owned by a separate firm.
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