Cumulus Media has agreed to repurchase CHR “95.7 The Vibe” KCHZ and Urban AC “Magic 107.3” KMJK Kansas City from AR Holdings for $16.75 Million.
The stations, along with a pair in Houston that have since been sold off to new owners, were transferred to AR Holdings in December 2011 as part of a prepackaged backruptcy to clear debt ahead of the Cumulus purchase of Citadel Media. Cumulus has continued to program the stations while in AR’s possession.
Additionally, KCHZ has named Jeff Andrews as PD/Afternoon host. Andrews, most recently was APD of 94.7 WLS-FM Chicago and Corporate PD for many of Cumulus’ CHR stations nationwide. He will retain the corporate duties with the move to Kansas City.
In addition to KCHZ and KMJK, Cumulus owns News/Talk 710 KCMO/103.7 K279BI, Classic Hits 94.9 KCMO-FM, Classic Rock “101 The Fox” KCFX, Comedy “Funny 102.5” K273BZ, and Variety Hits “105.1 Jack-FM” KCJK in Kansas City.