EW Scripps has announced the first of its planned divestments of its radio properties with the sale of its five stations in Tulsa OK to Griffin Communications for $12.5 million. The privately held Griffin currently owns four television stations in Oklahoma: CBS affiliate KOTV 6 and CW affiliate KQCQ 19 in Tulsa and CBS/CW affiliate KWTV 9 and MyNetworkTV affiliate KSBI 52 in Oklahoma City. The company has a long history in radio as the previous owners of 1430 KTUL Tulsa and 1520 KOMA Oklahoma City. It also currently owns the statewide Radio Oklahoma Network. The stations involved in the sale are: Classic Hits “92.9 The Drive” KBEZ, Country 98.5 KVOO, Classic Country “Big Country 99.5” KXBL, CHR “106.9 K-Hits” KHTT, and News/Talk 1170 KFAQ. Scripps announ...[Read More]
Another change we’ve been tracking for the past few weeks has come to fruition, as Scripps Classic Hits “92.9 Bob-FM” KBEZ Tulsa has rebranded as “92.9 The Drive“. The change completes the gradual shift of KBEZ from Variety Hits to focus on hits of the 1970s and 80s with a rock lean. The station also welcomes new midday host Jeanne Nass, who previously worked at Cox Media Classic Rock “103.3 The Eagle” KJSR. Andy Barber remains in mornings and Josh Holstead in afternoons. Drew McKenna slides from middays to nights. Bob-FM ranked eight in the Tulsa market during the Spring 2017 Nielsen Audio ratings with a 4.2 share, but well behind KJSR’s fourth ranked 6.2 share.
Update 3/8: Journal paid $11.8 Million to acquire the two stations. They will begin operating them via LMA on March 26. Original Report 3/7: Journal Broadcast Group has acquired Variety Hits “92.9 Bob-FM” KBEZ and CHR “106.9 K-Hits” KHTT Tulsa from Renda Broadcasting for an undisclosed amount. The duo will join Journal’s existing cluster of Talk 1170 KFAQ, Country 98.5 KVOO, and Classic Country “Big Country 99.5” KXBL. From the Press Release: “We have high regard for Renda Broadcasting and their talented team and are very pleased to add these exceptional radio stations to our Tulsa cluster,” said Steven Smith, Chairman and CEO of Journal Communications. “The combination of these high quality stations will create a strong group tha...[Read More]