To complete its swap with Entercom to acquire Talk 680 WRKO, News/Talk 1030 WBZ, Urban AC “The New 97.7” WKAF, and Classic Rock 100.7 WZLX in Boston along with Variety Hits 96.5 Jack-FM” KJAQ, Classic Rock 102.5 KZOK, Sports “CBS Sports 1090” KFNQ in Seattle, iHeartMedia is placing three stations in a divestment trust.
The Ocean States Trust is being created to operate Conservative Talk 1430 WKOX Everett MA, Alternative “Alt 102.9” KFOO Centralia WA and Rhythmic CHR 104.9 KUBE Eatonville WA. The trust will be managed by Jeanette Tully, who also oversees iHeart’s Aloha Stations Trust which holds fourteen stations across nine markets.
Due to the need for the divestment trusts, iHeartMedia will not be able to begin operating WRKO, KFNQ, KJAQ, or KZOK until the divestment of these three stations to the trust is completed. iHeart will begin to operate WBZ, WKAF, and WZLX via LMA the day Entercom closes on its merger with CBS Radio.