Movin 93.9 is movin' off the radar and taking Rick Dees with it.
The LA station is flipping to a Spanish format and that means no hablo Espanol for Rick.
The new station will be called Exitos 93.9.
He's been on mornings with the station since 2006, but isn't downhearted about it...anything but!
“My three-year contract runs until September, and Emmis is honoring it. Radio is just one way to get content today. A week from Monday (April 13), we are launching a 24-hour radio channel at http://www.allnumber1hits.com. It is young-centric Top 40 radio. It will be launched first over http://www.rick.comand then it will be available to terrestrial radio, broadband and so forth,” he said.
Even more interesting is the deal made to facilitate the flip. Grupo Radio Centro is the Mexican company behind the move, however they are not allowed to actually own a US radio station. So they are going to lease the frequency from Emmis for (get this) €7 million a year! Not only that, but the initial payment for the first two years is $14million !! Now that's a good piece of business...even I can see that one.
