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Exhibit 10.1
 ASSET PURCHASE AGREEMENT
 WDLP Broadcasting Company, LLC WDLP Licensed Subsidiary, LLC Robin Broadcasting Company, LLC and
Robin Licensed Subsidiary, LLC Mega Media Holdings, Inc.
 R E C I T A L S:
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TABLE OF CONTENTS  ARTICLE IARTICLE IIARTICLE IIIARTICLE IVARTICLE VARTICLE VIARTICLE VIIARTICLE VIIIARTICLE IXARTICLE XARTICLE XI  
 ARTICLE I
TERMS OF THE TRANSACTION
 Assets to be Transferred.
 FCC Licenses. Schedule 1.1(a)
 Leased Real Property. Schedule 1.1(b) Schedule 1.1(b)
 Tangible Personal Property. Schedule 1.1(c)
 Intellectual Property; Certain Intangibles.
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Permits. Schedule 1.1(e)
 Personal Property Leases. Schedule 1.1(f)
 Contracts. Schedule 1.1(g)
 Books and Records.
 Surveys, Maps, and Diagrams.
 Warranty Claims.
 Excluded Assets.
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4.




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Schedule 1.2(m)
  Purchase Price and Payment.
 plus plus or minus
  plus or minus
 Exhibit A Exhibit B Exhibit C
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Exhibit D
 Allocation of Purchase Price. Schedule 1.4
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Liabilities Assumed by Buyer.
  Schedule 1.1(e)
    Liabilities Not Assumed by Buyer.
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8.




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Adjustments of Purchase Price.
 Adjustment Time.
 Adjustment Items.
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Adjustment After Closing Date.
 Certain Defined Terms.
 Affiliate
 Ancillary Documents
 Applicable Law
 Code
 Communications Act
 Encumbrances
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ERISA
 FCC
 Final Order
 Governmental Entity
 Intellectual Property
 IRS
 Material Adverse Effect
 Must Carry
 Ordinary Course of Business
 a.
    
    Such action is consistent with the past practices of such Person and is taken
in the ordinary course of the normal day-to-day operations of such Person;
 b.
    
    Such action is not required to be authorized by the Board of Directors or
comparable managing body of such Person and is not required to be specifically
authorized by the parent corporation (or other entity), if any, of such Person; and
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c.
    
    Such action is similar in nature and magnitude to actions customarily taken,
without any authorization by the Board of Directors or comparable managing body, in the
ordinary course of the normal day-to-day operations of other Persons that are in the
same line of business as such Person.
 Permits
 Permitted Encumbrances
 Person
 Proceedings
 Taxes
 Tax Return
 To the knowledge
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ARTICLE II
REPRESENTATIONS AND WARRANTIES OF SELLER
  Organization and Standing
 Authorization.
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Litigation; Compliance with Law. Schedule 2.3. Schedule 2.3
 Financial Statements and Condition; Liabilities.
 Schedule
2.4(a)
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Assets; Consents.
  Schedule 2.5(b)
  Schedule 1.1(a) Schedule 2.5(d)
 Real Property.
 Schedule 1.1(b)
 Schedule 1.1(b) Schedule 1.1(b)
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Schedule 2.6(e)
 Condition of Tangible Assets
 Intellectual Property. Schedule 2.5(d)
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FCC Matters.
 Schedule 1.1(a) Schedule
1.1(a)
 Schedule 2.9(b) Schedule 2.9(b)
 Schedule 2.9(b)
 Schedule 2.9(b)
 Schedule 2.9(e)
 Reports and Records.
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\

Contracts.
 Conflicts. Schedule 2.5(d)
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Related Parties. Schedule
2.13
 Taxes.
 Employee Benefit Plans.
 Schedule 2.15 Schedule 2.15
 Schedule 2.15 Schedule 2.15
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Schedule
2.15
 Environmental Matters.
 § et seq. § et seq. § et seq. § et seq. § et seq. § et seq. § et seq.
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Labor Relations. Schedule
2.17 Schedule 2.17
 Insurance. Schedule 2.18
 Disclosure.
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ARTICLE III
REPRESENTATIONS AND WARRANTIES OF BUYER
  Organization.
 Authority Relative to This Agreement.
 Non-contravention.
 Governmental Approvals.
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Legal Proceedings.
 Brokerage Fees.
 Qualifications.
 
 ARTICLE IV
CONDUCT OF BUSINESS PENDING CLOSING
  Conduct and Preservation of Business.
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Restrictions on Certain Actions.
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ARTICLE V
ADDITIONAL AGREEMENTS
 Access to Information; Confidentiality.
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Acquisition Proposals.
 Third Party Consents.
 Cooperation.
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FCC Consent.
 FCC Consent.
 Application For FCC Consent.
    Notice of Application.
 Employee and Employee Benefit Plan Matters.
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Transfer of Certain Contracts.
 Public Announcements.
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Notification of Certain Matters. Schedule 2.5(d)
 Fees and Expenses.
 Taxes; Other Charges.
 Amendment of Disclosure Schedule.
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Possession and Control of Stations; Due Diligence Contacts. Schedule
5.13
 
 ARTICLE VI
CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLERS
  Representations and Warranties True.
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Covenants and Agreements Performed.
 Certificate.
 Grant by FCC.
 Legal Proceedings.
 Other Documents.
 
 ARTICLE VII
CONDITIONS PRECEDENT TO OBLIGATIONS OF BUYER
  Representations and Warranties True.
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Covenants and Agreements Performed.
 Certificate.
 Grant by FCC.
 Legal Proceedings.
 Consents.
 Risk of Loss.
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Tender of Assets and Other Documents.
     
 ARTICLE VIII
CLOSING
 Closing; Closing Date.
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Deliveries by Sellers.
 Exhibit E Exhibit F Exhibit G
  Exhibit H
  Exhibit I
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th
    Deliveries by Buyer.
    Exhibit J
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ARTICLE IX
TERMINATION, AMENDMENT, AND WAIVER
 Termination.
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Effect of Termination.
 Amendment.
 Waiver.
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Deposit as Liquidated Damages.
  
 Specific Performance by Buyer.
 Certain Remedies Not Exclusive.
 
 ARTICLE X
SURVIVAL OF REPRESENTATIONS; INDEMNIFICATION
 Survival.
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Indemnification by Sellers.
    10.3 Indemnification by Buyer.
     Limitation of Liability.
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Procedure for Indemnification.
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ARTICLE XI
MISCELLANEOUS
 Notices.
 If to Sellers:WDLP Broadcasting Company, LLCWDLP Licensed Subsidiary, LLCRobin Broadcasting Company, LLCand Robin Licensed Subsidiary, LLCc/o Dr. William C. De La Pena, Manager2446 West Whittier BoulevardMontebello, CA 90640Telephone 323-728-5500with a copy to:Robert Lewis Thompson, Esq.Smithwick & Belendiuk, P.C.5028 Wisconsin Avenue, NW, Suite 301Washington, D.C. 20016Telephone: 202-363-4050and with a copy to:Donald H. Jones, Esq.Jones, Kaufman & Ackerman LLP10960 Wilshire Boulevard, Suite 1225Los Angeles, CA 90024Telephone: 310-231-6639If to Buyer:
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Mega Media Holdings, Inc.2601 South Bayshore Drive  PH#2Coconut Grove, Florida 33133Attention: Raul Alarcon, Jr., Pres/CEOTelephone: 305-441-6901with a copy to:Jason L. Shrinsky, Esq.Kaye Scholer LLP901 15th Street, N.W., Suite 1100Washington, D.C. 20005Facsimile: 202-682-3580Telephone: 202-682-3506
  Entire Agreement.
 Binding Effect; Assignment; No Third Party Benefit.
 Severability.
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GOVERNING LAW. THIS AGREEMENT IS MADE, ENTERED INTO AND SHALL BE GOVERNED BY AND
CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REGARD TO THE
PRINCIPLES OF CONFLICTS OF LAWS THEREOF
 Further Assurances.
 Descriptive Headings.
 Gender.
 References.
 Counterparts and Facsimile Execution.
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Injunctive Relief.
 Attorneys Fees.
 Consent to Jurisdiction.
   Preparation of Agreement.
 Time of the Essence.
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Records; Cooperation.
   Post-Closing Obligations
 [SIGNATURE PAGE FOLLOWS]
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SELLERS:
WDLP BROADCASTING COMPANY, LLCBy:

/s/ William C. De La PenaName:
    William C. De La Pena, M.D.Title:
    Manager WDLP LICENSED SUBSIDIARY, LLCBy:

/s/
William C. De La PenaName:
    William C. De La Pena, M.D.Title:
    Manager ROBIN BROADCASTING COMPANY, LLCBy:

/s/
William C. De La PenaName:
    William C. De La Pena, M.D.Title:
    Manager ROBIN LICENSED SUBSIDIARY, LLCBy:

/s/
William C. De La PenaName:
    William C. De La Pena, M.D.Title:
    Manager BUYER:
MEGA MEDIA HOLDINGS, INCBy:

/s/
Raul Alarcón, Jr.Name:
    Raul Alarcón, Jr.Title:
    President/CEO 48.