is a media company based in New York City
founded by Chinese-American businessman Arthur Liu. Multicultural caters mostly to the Asian American
community and owns television and radio stations in several of the top markets in multiple languages
This company was founded as Multicultural Radio Broadcasting Inc.
(MRBI) in 1982 with an initial business in United States
radio broadcasting industry. To this day, it remains the largest Asian American owned media group in the U.S.
On September 26, 2006, Multicultural Broadcasting made an agreement with The E. W. Scripps Company
to buy five of Scripps' Shop At Home
affiliated broadcast television stations for $170 million. Sales were final on KCNS (San Francisco), WOAC (Cleveland), WRAY (Raleigh) on December 20, 2006, followed by WMFP
(Boston) and WSAH
(New York). Prior to that, the five stations switched to a 24-hour infomercial format. The Sunbelt Television-owned KHIZ
has been absorbed into Multicultural's portfolio upon FCC
approval, however, it remains an affiliate of America One
. The E.W. Scripps Co. Press Release
On November 5, 2008; Multicultural Broadcasting has suffered financial defaults of $135 million loans and the company has headed into a trust under the care and feeding of Lee W. Shubert for the purposes of selling off assets and paying off their creditors. Stations include KCNS-TV, WMFP-TV, WOAC-TV, and... Read More