Citadel pulls ahead on ABC Radio deal: sources
Locally the deal would impact stations KABC AM 790, KLOS FM 95.5, Radio Disney AM 1150 and ESPN Radio AM 710. ABC's television operations would not be part of the deal.
Citadel, a radio broadcaster largely owned by private equity firm Forstmann Little & Co., has been an active but publicly quiet presence in the ABC Radio negotiations for months, sources said.
Radio rival Entercom Communications Corp.
Citadel and Disney will negotiate details on a deal over the next few weeks.