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artmorris
Administrator
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Posted: Tue Dec 9th, 2008 07:30 pm |
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It was announced to the staff of the FFD stations in Joplin Monday that the deal has been signed to sell the stations to Gene Bicknell's American Media Investments.
This is surely the worst kept secret in Joplin, but the deal has been signed. It will be submitted to the FCC, and will probably close in a couple of months.
FFD Radio Group (formerly Community Radio of Joplin) owns KJML-FM, KCAR-FM, KMOQ-FM, KBTN-FM, KBTN-AM and KQYX-AM.
(Full disclosure: I am a contract engineer for the FFD. As I mentioned earlier, this has been the worst kept secret in town. But, I held back from posting it until it was officially announced. I expect to see it filed with the FCC within a few days. Art)
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J ROBERTS
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Posted: Wed Dec 10th, 2008 02:51 am |
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Are they the ones that own KKOW?
That might mean some of KQYX talk shows might be moved to 10kw AM KKOW. better night coverage by far..That sure gives Zimmer more competition.
Hope you can stay on as contract Engineer
JRoberts
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XGM
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Posted: Wed Dec 10th, 2008 02:21 pm |
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| Does that include the stations in Texarkana? I understand that Warren McDonald is the GM of those.
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artmorris
Administrator
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Posted: Wed Dec 10th, 2008 03:20 pm |
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Yes, it's six stations in Joplin and five in Texarkana. Warren's driving back and forth every week.
The deal probably won't close until late Feb or March, and there's no LMA. So things will continue status quo until then.
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Kent Clark
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Posted: Wed Dec 10th, 2008 11:41 pm |
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With the stations in Texarkana, I have to ask if Kowboy Koaches will be sending people to the casinos in Shreveport now, too? 
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MediaMogul
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Posted: Fri Dec 12th, 2008 04:07 am |
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KKOW is the gold standard of a full service radio station. If they do business like they do in Pittsburg, the Zimmers will have a challenge on their hands.
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Kent Clark
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Posted: Tue Dec 16th, 2008 12:10 am |
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Art, I just got done reading the multiple ownership study on the application at the FCC website. I noticed they said they would "surrender the license" of KBZI. To me, that implies having the license canceled or deleted, but I can't imagine them just turning the license into the FCC when they could donate the station to Pitt State or some other nonprofit. Do you know what they're planning to do with KBZI?
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artmorris
Administrator
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Posted: Tue Dec 16th, 2008 01:28 am |
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From "Radio & Records"
Multistate Deals
PRICE: $5.25 million
TERMS: Asset sale for cash
BUYER: American Media Investments, Inc., headed by President Gene Bicknell. Phone: 620-231-7200. It owns thre e other stations. This represents its entry into this market.
SELLER: FFD Holdings I, Inc., headed by President Donald Henderson. Phone: 903-793-1109
BROKER: Kozacko Media Services
COMMENT: FFD Holdings I's 11 stations to American Media Investments for $5.249 million, payable in cash at closing. $250,000 escrow deposit.
Arkansas
KPGG-FM/Ashdown (Texarkana),
FREQUENCY: 103.9 MHz
POWER: 5kw at 354 feet
FORMAT: country
Kansas
KCAR-FM/Baxter Springs, KJML-FM & KMOQ-FM/Columbus and KQYX-AM/Galena (Joplin),
FREQUENCY: 104.3 MHz; 107.1 MHz; 105.3 MHz; 1450 kHz
POWER: 6kw at 299 feet; 12kw at 489 feet; 13kw at 289 feet; 940 watts day/night
FORMAT: classic hits; modern rock; CHR; news/talk
Missouri
KBTN-AM & KBTN-FM/Neosho (Joplin),
FREQUENCY: 1420 kHz; 99.7 MHz
POWER: 1kw day/500 watts night; 17kw at 404 feet
FORMAT: country; DARK (Art's Note: HUH???? this must be a typo!)
Texas
KCAR-AM & KGAP-FM/Clarksville, KEWL-FM/New Boston and KKTK-AM/Texarkana
FREQUENCY: 1350 kHz; 98.5 MHz; 95.1 MHz; 1400 kHz
POWER: 410 watts day/65 watts night; 47kw at 509 feet; 22kw at 472 feet; 1kw day/night
FORMAT: country; oldies; oldies; talk
Last edited on Tue Dec 16th, 2008 02:22 am by artmorris
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artmorris
Administrator
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Posted: Wed Dec 17th, 2008 12:58 pm |
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I noticed the same error in R&R, Inside Radio and Radio Ink's report about the sale of the FFD stations to AMI.
They report that KBTN-FM is dark. That's obviously not true. Wonder where that error came from?
Art
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Kent Clark
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Posted: Wed Dec 17th, 2008 04:17 pm |
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I think the BIA market report still lists it as dark, too. I suspect that's where the error came from. You can confirm my suspicion if you look at the sale filing.
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Kent Clark
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Posted: Wed Dec 17th, 2008 06:38 pm |
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By the way, I have more time during my lunch hour to check things. So, I checked the BIA report, and it shows KBTN-FM and WMBH as "DARK." You can check out the filing by searching the FCC database under KBTN-FM, and it will be under the multiple ownership exhibit.
Also, are you at liberty to explain the purpose of the COL shifts of almost every FFD/Community station? I can understand the purpose of moving KCAR from Galena to Baxter Springs and KJML from Baxter Springs to Columbus. It doesn't look like anyone gets any sort of a facilities upgrade. Also, do you think these moves will still happen under AMI?
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