Wilks Splits Final Cluster To Two Buyers; Exits Reno
The second half of the Wilks deal has been filed with the FCC as Lotus will pay $1.2 million for AAA 100.1 KTHX Dayton NV and 95.9 K240CA Carson City.
Lotus will simultaneously divest Sports “NBC Sports 1060” KFOY Sparks to Lazer Broadcasting for $50,000. KFOY will be Lazer’s first property in the Reno market.
Original Report 4/26: Wilks Broadcast Group has completed the sell-off of their broadcast properties as their three stations in Reno will be split between two buyers.
Locally based Evans Broadcast Company, run by Jerry Evans, will acquire Country “92.1 The Wolf” KWFP Sparks and Classic Rock “100.9 The Bandit” KURK Sparks/105.1 K286AG Carson City for $750,000. Lotus Broadcasting will acquire AAA “100.1 The X” KTHX Dayton in a deal not yet filed with the FCC.
Both deals include LMA’s that will take effect on Sunday, May 1. KURK and KWFP will join an Evans cluster that includes Conservative Talk “99.1 FM Talk” KKFT Gardnerville-Minden and Classic Country “102.5 Cowboy Country” 1300 KCMY/102.5 K273AF Carson City.
KTHX becomes a seventh station in a Lotus cluster that already includes Sports “ESPN 94.5” KUUB Sun Valley, Active Rock “Rock 104.5” KDOT Reno, Classic Rock 105.7 KOZZ-FM Reno, Sports “Fox Sports 630” KPLY Reno, Sports “NBC Sports 1060” KFOY Sparks, and Spanish Sports “ESPN Deportes 1450” KHIT Reno.