Walt Disney Co planning to unload 23 radio stations, lay off staff
Walt Disney is planning to sell 23 radio stations and will begin distributing much of its Radio Disney content digitally, the company said. As a result of the expected sales, Radio Disney 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.