After Long Wait, Disney Takes Over Management of KHJ-TV
Walt Disney Co. has finally assumed management of KHJ-TV, 21 months after announcing that it would buy the Los Angeles independent television station from RKO General Inc. for about $320 million.
The deal was not approved by the Federal Communications Commission until last July, primarily because of long-running challenges to RKO’s fitness as a broadcaster. The final deal called for Burbank-based Disney to pay $217 million to RKO and an additional $103 million to Fidelity Television, a Southern California investor group organized in 1975 to wrest the station’s license from RKO General.
A spokesman for Disney said it was “premature” to discuss likely programming changes at the station.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
