Radio station KMVN (93.9 FM Movin’ 93.9) went off the air at midnight and was replaced by Spanish-language programming. Michael Schneider at Franklin Avenue explains:
That means L.A. morning star Rick Dees is back in radio exile, although he has just launched a new Internet radio venture, All Number 1 Hits.com.[cut]
Movin’ 93.9 seemed to have finally found its niche as a mostly-80s retro station, and had seen its ratings tick up in recent months. But owner Emmis, hurting for cash, saw an opening in leasing the station out to Mexico’s Grupo Radio Centro for $7 million a year.