102.7 Rapid City

Pandora Exits Station Ownership

Pandora Media has sold Hot AC “Hits 102.7” KXMZ Box Elder/Rapid City SD to Haugo Broadcasting for $300,000. Haugo owns three other stations in the Rapid City market: Rock “95.1 KSKY” KSQY Deadwood, Country “Kick 104” 104.1 KIQK Rapid City, and Sports “ESPN Rapid City” 1340 KTOQ/105.7 K289AI Rapid City. Pandora had originally agreed to purchase KXMZ from Connoisseur Media in June 2013 for $600,000 and began operating the station via LMA in order to make the company able to pay lower royalties thanks to a loophole in rates paid by broadcast station owners as opposed to internet based operators. The sale was originally denied by the FCC on the grounds of then former foreign ownership rules following a Petition to Deny by ASCAP. Following appeals...[Read More]

FCC Gives Final Approval Of Pandora’s KXMZ Purchase

Update 6/2: The FCC has given full approval granting the transfer of Hot AC “Hits 102.7” KXMZ Box Elder/Rapid City, SD from Connoisseur Media to Pandora Radio. In a supplemental pleading to the FCC as part of its Petition To Deny, ASCAP stated “that Pandora is motivated by obtaining the benefits of copyright licensing payment terms applicable to broadcasters rather than by a sincere desire to become a broadcaster; and that grant of the Petition could lead to the collapse of the collective copyright licensing system, to the detriment of copyright owners, the broadcasting industry, and American society in general”. The FCC responds that “ASCAP fails to establish any likelihood that the KXMZ(FM) acquisition would result in a court victory for Pandora. ASCAP’s pre...[Read More]