With the AM Revitalization Translator Waiver Period set to expire at the end of this month, there has been a slight uptick in applications trying to get in before the deadline. In one such case, Saga Communications is cleverly extending the 250 mile limit to improve their status in two markets.
After multiple extensions Jeff Smulyan is letting his $4.10 per share privatization offer for Emmis Communications expire. This was Smulyan’s third attempt to repurchase all outstanding shares of the company since 2006. In a letter to the company’s board of directors Smulyan wrote, “I am sorry we could not reach an agreement on the valuation. I look forward to continuing to work ...Read More
Buck Owens Broadcasting is tripling up on Country in Bakersfield as the company flipped Variety Hits “97.3 Jack-FM” KRJK Lamont to New Country as “97.3 The Bull” at noon today. The new format joins Country 550 KUZZ/107.9 KUZZ-FM and Classic Country “Real Country 107.1” KCWR in the Owens cluster. The flip gives the company a monopoly on Country in the market pote...Read More
The two largest Catholic radio operators in the country are merging. Loomis CA based Immaculate Heart Radio and Green Bay WI based Relevant Radio will combine to become Immaculate Heart Media d/b/a Relevant Radio. Immaculate Heart brings 19 stations across six western states including 930 KHJ Los Angeles and 1260 KSFB San Francisco. Relevant also has 19 stations scattered across ten states includi...Read More
One day after announcing the acquisition of five stations in the Salina-Manhattan KS market from Alpha Media, Rocking M Media has announced it will divest AC “Sunny 102.5” KBLS North Fort Riley KS to Manhattan Broadcasting Company. No terms were announced as the deal gives MBC a fifth station on the Manhattan side of the market. Manhattan Broadcasting owns CHR “Z96.3” KACZ ...Read More
Station Sales Fun Media Group of Tennessee acquires Classic Hits “Fun Radio” 1090 WTNK and 93.5 W228CB Hartsville TN from G&L Aircasters for $180,000. Fun began operating WTNK via Time Brokerage Agreement on September 15. Sheridan Broadcasting’s MCL/MCM Alabama sells Urban Oldies “900 Gold” WATV Birmingham AL to Courtney French Broadcasting for $300,000. Montana ...Read More
Alpha Media has announced it has agreed to sell five of its stations in Salina KS to Rocking M Media for an undisclosed amount. Rocking M will acquire Country “Y93.7” KYEZ Salina, AC “Sunny 102.5” KBLS North Fort Riley, Classic Hits “FM 104.9” KSAL-FM Salina, News/Talk 1150 KSAL Salina, and Standards 1560 KABI Abilene. A sixth Salina market station, “Oldie...Read More