Katz buys Interep access.
October 12, 2008
According to Inside Radio, Katz Media Group has stuck a deal to pay $3.64 million to Interep to gain access to approach the bankrupt rep firm’s clients. The agreement does not give Katz any portion of Interep, as reported earlier. Under the terms of the deal, stations will have the option of staying with Katz or jumping to a new rep.
This includes Spanish Broadcasting System radio stations and Mega TV, along with the Spanish language television representation division that represents Azteca America TV stations and other independents.
