103.1 Denver

Entercom Settles DOJ Investigation; Swaps For 100.3 The Sound Los Angeles

Entercom and Bonneville have announced they will begin operating their newly acquired stations on Friday, July 17 with Entercom closing on its acquisition of Lincoln Financial Media. Entercom Communications Corp. (“Entercom” or the “Company”) (NYSE: ETM) announced today that it has closed its acquisition of Lincoln Financial Media Corporation (“LFM”) and will begin operating the LFM stations on Friday, July 17. Entercom also announces that effective the same date it will commence operations of KSWD-FM Los Angeles under a time brokerage agreement (“TBA”) with Bonneville International Corporation (“Bonneville”). At the same time, Bonneville will commence operations of Entercom’s Denver stations KOSI-FM, KYGO-FM, KKFN-FM and KEPN-AM under a TBA with Entercom. This follows the Company’s announ...[Read More]

Entercom Acquires Lincoln Financial Media

The Entercom/Lincoln Financial Media deal has been filed with the FCC. To comply with market cap limits in Denver, Sports “104.3 The Fan” KKFN Longmont will be placed in the Pikes Peak Trust run by Elliot Evers for divestiture to a third party. The remainder of the Lincoln Financial Media stations will begin to be operated by Entercom via Time Brokerage Agreement on January 15 or two days after DOJ approval of the deal, whichever is the latter of the two. During the TBA and until the actual sales close, Entercom agrees to not change any formats on the to-be-acquired stations. The $105 million purchase price will consist of a $77 million cash payment to Lincoln Financial, with the remainder consisting of Entercom stock grants to Lincoln. Original Report 12/8: Entercom Communicat...[Read More]

Examining The Entercom Lincoln Financial Deal

This morning Entercom shocked the industry with their acquisition of Lincoln Financial Media for $105 million. Entercom acquired fifteen stations and a translator for less money than Steel City Media paid for Wilks four station in Kansas City earlier this year, a smaller market than any of the Lincoln stations. To show how much station prices have dropped, the price is nearly equal to the amount Greater Media paid for Lincoln’s three stations in Charlotte, NC in 2008. Denver This deal is all about establishing Entercom’s dominance in Denver. Entercom has yet to reveal which station will be divested to satisfy the ownership cap limits. Using the November 2014 Nielsen Audio PPM Ratings, Entercom’s four stations combined for a 14.1 share and Lincoln’s six combined for ...[Read More]

Denver Cruisin’ For Comedy

Lincoln Financial Media looks prepared to bring Comedy to FM in Denver. Update 10/18: “Comedy 103.1” debuted at 12pm with programming supplied by 24/7 Comedy. Update 10/17: 103.1 K276FK has begun stunting with a loop of canned laughter. As seen in the comments below, a clip of the audio can be heard here. The station will indeed become “Comedy 103.1“. Update 10/5: “Cruisin’ 950” has begun promoting that it will soon no-longer be heard on 103.1 and KYGO-HD2. The station is adding an HD2 simulcast on 104.3 KKFN-HD2. Original Report 9/19: The company has registered Comedy1031.com, 1031Comedy.com, Funny1031.com, and 1031Funny.com for 103.1 K276FK Denver. The translator currently simulcasts “Cruisin’ Oldies 950” KRWZ via 98.5 KYGO-HD2....[Read More]