Stephens Media Group has made programming changes at two of its recently acquired stations in Kennewick/Richland/Pasco WA. AC “95.7 More-FM” KKSR Walla Walla has moved its format to 960 KALE/106.1 K291BS Richland as “106.1 More-FM” replacing Classic Hits “Big 106.1“. That move actually reverses the change made by previous owner Ingstad Radio Washington in September 2016. The move of the AC format from KKSR makes way for the launch of Christian AC “Shine 95.7” on the 100kW KKSR. The move gives a commercial competitor locally to EMF’s “K-Love” network which is heard in the market on 93.3 KRKL Walla Walla and 103.1 K276EU Kennewick.
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]