98.7 Nashville

FCC Report 1/17: 1500 Los Angeles Continues Quest For Resurrection

AM Changes The long-dormant 1500 allocation in Los Angeles sees action as the Howard Levine/William Schwab partnership that won the bidding in the 2014 FCC Auction for the frequency modifies their application to operate with 120 watts daytime utilizing two towers and 150 watts night with four towers. 1500 would operate from the already in use towers of 1330 KWKW Los Angeles that will soon also become home to 790 KABC. The 1500 allocation in Los Angeles has been dormant since 1500 KRCK Burbank went Silent in 1985.

Station Sales Week Of 1/15: iHeart Is A Rare Buyer

Station Sales iHeartMedia has not been an outright buyer of a station in quite some time. That changed this weeks as the company purchased Hot AC “92.9 The Boss” KOLT-FM Warren AFB/Cheyenne WY from Valley Bank And Trust for $500,000. The bank has owned KOLT-FM since former owner Joli Lofstedt’s Tracy Broadcasting Company defaulted on a loan in 2014. KOLT-FM will become iHeart’s third FM in the Cheyenne market joining “Big Country 97.9” KXBG Cheyenne and Country “100.7 KOLT-FM” KOLZ. The Moody Bible Institute is purchasing Classic Country 1200 WAMB Nashville TN and its two translators from Great Southern Broadcasting Company for $414,000. The two translators are 98.7 W254CK Nashville and 99.3 W257AR Donelson TN. The sale’s closing is con...[Read More]