103.9 Denver

Station Sales Week Of 4/17

Station Sales Amidst rumors of an acquisition by Alpha Media, Morris Communications is making an asset exchange in the Palm Springs market to remove a potential loss of a grandfathered asset. Morris will exchange Sports “Fox Sports 1270” KFSQ Thousand Palms, CA to Sunnylands Broadcasting for 95.5 KCLZ Twentynine Palms. Morris currently leases KCLZ from Sunnylands to rebroadcast Rock 93.7 KCLB Coachella and will lease back 1270 after the exchange closes. 95.5 KCLZ is technically part of the Victor Valley market allowing Morris to not lose any of its grandfathered holdings following a sale. Family Stations is continuing to prune off some of its non-core assets. 1210 KEBR Rocklin/Sacramento, CA goes to Spice Radio, Inc. for $600,000. Principles in Spice Radio are in the process of...[Read More]