Cherry Creek Radio and The Montana Radio Company have completed their multi-market swap and divestitures in Butte, Great Falls, and Helena MT leading to multiple format changes in those markets. In Butte, Cherry Creek has added previously Silent 107.7 KMTZ Walkerville to their cluster there and has launched the station as Variety Hits “107.7 Dave-FM“. Great Falls had previously seen two format changes as Cherry Creek flipped their Classic Rock “Rock 92.9” KLFM Great Falls to Classic Hits “Kool 92.9” in April and newly acquired 107.5 K298BL from a simulcast of Country “107.3 The Mighty Mo” KIMO Townsend/Helena to Alternative “107.5 The Peak” in May. Also in Great Falls, Classic Country “96.3 Mo Legends” KVMO Fort Benton...[Read More]
As the pieces fall into place from the Cherry Creek/Montana Radio Company swap, 107.5 K298BL Great Falls MT has dropped its simulcast of Country “107.3 The Mighty Mo” KIMO Townsend/Helena in favor of Adult Alternative as “107.5 The Peak” fed via KMON-HD2 Great Falls. Positioned as “Montana’s Rock Alternative”, the new format is focusing on Alternative hits of 90s through now. The format change also eliminates a local competitor to Cherry Creek Country “94.5 Max Country” KMON-FM.
Montana Radio Company has expanded its “Mo Legends” Classic Country brand to a second market. 96.3 KVMO Fort Benton/Great Falls has signed-on as “Mo Legends 96.3” joining sister 104.5 K283BP Helena/107.3 KIMO-HD4, which launched in June. Just like in Helena, the new station will flank sister Country “Mo Country 107” 107.3 KIMO Townsend/107.5 K298BL Great Falls. The company followed that launch up with the debut of Classic Rock “Big Stack 103.9” K280GG Great Falls/KVMO-HD3. Debuting with the syndicated Bob & Tom show from 5-9am daily, CEO Kevin Terry stated in a press release, “We are very excited about both stations as they fill out our four-station roster of stations serving Great Falls. Big Stack 103.9 is not only a true Classic ...[Read More]
Arlington Capital Partners is walking away from its investment in Cherry Creek Radio. The investment firm is abandoning its stake in the company, which owns 58 station in the western half of the country, for no cash value. Full ownership of Cherry Creek will return to President/CEO Joseph Schwartz and CFO/Treasurer Kirk Warshaw, each of whom will hold 50% interest in the company. Cherry Creek Radio operates stations in Arizona, California, Colorado, Montana, North Dakota, Texas, Utah, and Washington including clusters in Great Falls, Kennewick-Richland-Pasco, Missoula, and St. George. The company recently sold 96.1 KSIQ San Diego to EMF Broadcasting for $1 Million. Arlington Capital also owns a stake in Main Line Broadcasting, which operates stations in Dayton, Hagerstown, Louisville, and ...[Read More]