Radio Disney has always been unorthodox. They run a significant network of potentially valuable AM stations in major markets. The stations are targeted specifically at children, up through early teenagers.
I think they exclusively play music from artists they developed internally singing music they wrote – avoiding having to deal with ASCAP and BMI. To my ear, Disney’s music is total dreck – but I would admit, it might be me.
Unlike other commercial radio stations, Radio Disney doesn’t rely on advertising. It makes its money by selling music and convincing children to drag their parents to Florida or California and pay $100 a day to stand in line for hours.
The story mentioned September 26 as the date that Disney radio will end, and go completely to Internet-based distribution, other than the mothership in Anaheim California.
It appears that Disney finally realize that teenagers no longer run around with pink transistor AM radios.
Who could possibly want to buy $100 million worth of AM radio stations? The Catholic church (EWTN)? Univision? A newspaper chain freed of FCC restrictions in the last two weeks? Rupert Murdoch?
Since these are all major market stations, The existing big radio station owners – clear channel, Cumulus, CBS mostly can’t buy them because they are restricted by FCC ownership caps. ESPN is a logical choice, other than Disney already owns (80% of) ESPN.