Update 3/8: Journal paid $11.8 Million to acquire the two stations. They will begin operating them via LMA on March 26.
Original Report 3/7: Journal Broadcast Group has acquired Variety Hits “92.9 Bob-FM” KBEZ and CHR “106.9 K-Hits” KHTT Tulsa from Renda Broadcasting for an undisclosed amount.
The duo will join Journal’s existing cluster of Talk 1170 KFAQ, Country 98.5 KVOO, and Classic Country “Big Country 99.5” KXBL.
From the Press Release: “We have high regard for Renda Broadcasting and their talented team and are very pleased to add these exceptional radio stations to our Tulsa cluster,” said Steven Smith, Chairman and CEO of Journal Communications. “The combination of these high quality stations will create a strong group that will continue to serve our listeners, customers and the entire Tulsa community. This transaction is consistent with our strategic goal of creating additional scale in existing Journal Broadcast markets.”
