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Walt Disney Co. planning to unload 23 radio stations, lay off staff
Walt Disney Co. planning to unload 23 radio stations, lay off staff

Walt Disney Co. is planning to sell 23 radio stations and will begin distributing much of its Radio Disney content digitally, the company said Wednesday. As a result of the expected sales, Radio Disney, which targets children and families with an array of programming, will lay off about 200 people. Disney will retain its AM station in Los Angeles -- KDIS-AM (1110) -- which will be used to originate Radio Disney's national programming feed. "Radio Disney will increase its investment in both digital distribution platforms and music-centric programming to optimize the network for long-term growth and to better reflect the habits of its listeners, a national audience of kids...

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