Colorado Public Radio has announced they have purchased Sports “ESPN 102.3” KDSP Greenwood Village/Denver, CO from Front Range Sports Network.
Paying $5.75 million for the station, Colorado Public Radio will flip it on January 27 to a simulcast of its Adult Alternative “Open Air” 1340 KVOQ Denver. “Open Air” focuses on new music with an emphasis on local artists. It is one of three brands operated by CPR including a statewide Public News/Talk network based at 90.1 KCFR-FM Denver and a Classical network based at 88.1 KVOD-FM Lakewood.
Public Media Company represented CPR in the transaction. The purchase of KDSP will be financed through the issuance of tax-exempt bonds, which is the same financing process CPR has followed for the past 15 years. Over time, the loan will be paid off by increased listener support.
KDSP is already promoting that its “ESPN Denver” programming will now be heard exclusively on 105.5 KJAC Tinmath/Fort Collins.