At the end of November 2019, Urban WBLS-FM 107.5 and Hip-Hop WQHT-FM “Hot 97” in New York shifted from Emmis Communications’ full ownership to a newly created entity that saw Emmis ...

In 2019, Emmis Communications sold its full ownership of New York City’s 107.5 WBLS and Hot 97 (WQHT) to MediaCo Holding for $91.5 million in cash, a $5 million note, and a 23.72% equity stake.