Friday, June 13, 2014
KC Radio: Steel City Media to Acquire Four Stations
The stations involved are Country KFKF 94.1 FM, Country KBEQ 104.3 FM, Top 40 KMXV 93.3 FM, and AC KCKC 102.1 FM.
Steel City Media currently owns WLTJ 92.9 FM Q92.9, WRKK 96.9 FM Bob and Pittsburgh City Paper, and several internet portals.
Vice President of Steel City Media Michael Frischling said, “We are excited about this great opportunity to add Kansas City’s premier radio cluster to our portfolio.”
Wilks CEO Jeff Wilks said, "We think Steel City is a great owner for these assets as an entrepreneurial, family-owned-and-operated business, which is not dissimilar to the culture at Wilks. We continue to look for compelling opportunities to create value in our business whether we are considering buying or selling radio assets in addition to focusing on strong operating performance across all of our market clusters."
Sale is subject to FCC approval and terms have yet to be disclosed.
Posted 4:31:00 AM