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In a complicated deal, financially troubled The New York Times Co. has agreed to sell WQXR-FM to Univision Radio and WNYC Radio for $45 million. In the end, the three-way deal is expected to keep WQXR’s 73-year legacy of classical radio alive in New York, though its programming will move to a weaker frequency.
Univision will pay $33.5 million to exchange the frequency of WCAA-FM for the frequency of WQXR-FM. As a result, Univision will move Latin Urban (“La Kalle”) WCAA-FM to the 96.3
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