Pair Of Houston Stations Sold
The Houston Chronicle reports that two Houston market stations have been sold.
Gow Communications, owner of Sports “1560 The Game” KGOW and the Yahoo! Sports Radio Network has signed a letter of intent to acquire “ESPN 97.5” KFNC, while EMF Broadcasting will purchase AAA 103.7 KHJK. Both stations had been owned by Cumulus Media but were spun off into a trust run by Larry Patrick as part of a pre-packaged bankruptcy.
The Chronicle states that Gow will continue to operate KFNC as an ESPN affiliate and attempt to make a run for the radio rights of the NBA’s Houston Rockets. 103.7 will flip to one of EMF’s Christian networks: AC “K-Love” or Christian CHR “Air-1“.