MediaCo Acquires Estrella Media's Content and Digital Operations
Transaction Will Create One of the Largest Multicultural Media Platforms in the Country.
MediaCo Holding Inc. (NASDAQ:MDIA) ("MediaCo") today announced that it has acquired all of Estrella Media's network, content, digital, and commercial operations. Among the Estrella Media brands joining MediaCo are the EstrellaTV network and its influential linear and digital video content business, and Estrella Media's expansive digital channels, including its four FAST channels – EstrellaTV, Estrella News, Cine EstrellaTV, and Estrella Games – and the EstrellaTV app. The transaction closed on April 17, 2024.
MediaCo, which operates marquee urban radio stations HOT 97 and WBLS 107.5 in New York City