Multicultural Puts KALI/L.A. Into Trust
October 11, 2007 at 5:44 AM (PT)
ARTHUR LIU's MULTICULTURAL RADIO puts brokered Ethnic KALI-A/WEST COVINA-LOS ANGELES into a trust company, TRANSITION RADIO, LLC, headed by BILL SCHUTZ.
The move is intended to allow LIU's TVPLUS, LLC to buy KHIZ-TV/BARSTOW, an independent station in the HIGH DESERT that counts as a LOS ANGELES DMA station. SCHUTZ' company will operate the station until it can sell it to a third party.