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KHOM & KBMV -new owners  Rate Topic 
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 Posted: Sat Jul 30th, 2011 11:28 am
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artmorris
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I hear that KHOM and KMBV are being sold.

KHOM-Salem, AR 100.9 and KMBV-Birch Tree, MO 107.1 are operated from studios on the square in West Plains.

I'm hearing that the new owners include a couple of well-known sports voices from Springfield.

Anybody got any details?

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 Posted: Sat Jul 30th, 2011 01:07 pm
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Wesley Wallace
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Hello Art,

Is Rick Vermillion (KUNQ - Houston, Missouri) the current owner?

Wesley

 

artmorris wrote:
I hear that KHOM and KMBV are being sold.

KHOM-Salem, AR 100.9 and KMBV-Birch Tree, MO 107.1 are operated from studios on the square in West Plains.

I'm hearing that the new owners include a couple of well-known sports voices from Springfield.

Anybody got any details?

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 Posted: Sun Jul 31st, 2011 11:33 pm
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artmorris
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Negative.
Rick Vermillion LMA'd the stations for a short time, but that deal collapsed.
The station is currently owned by Three Rivers Communications. According to FCC files, that's Fred and Barbara White of Leawood, Kansas. Fred White, as you recall, is the long-time broadcaster for the Kansas City Royals.
I haven't seen who the principals are yet for the buyer, reported to be "Diamond Media".

Last edited on Sun Jul 31st, 2011 11:33 pm by artmorris

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 Posted: Mon Aug 1st, 2011 03:40 pm
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DJMark
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Allow me to be the first to volunteer to work their boards for minimum wage!

Seriously though, this is news to me.  Any word on format changes?

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 Posted: Mon Aug 1st, 2011 11:06 pm
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exdjted
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Here is the official word from Radio Business Report.

 

A pair of FM stations is being sold in an unrated territory where southern Missouri meets up with northern Arkansas. When all is said and done, Diamond Media LLC will have stations with a good bit of contour overlap.
The stations are KHOM-FM Salem AR and KBMV-FM Birch Tree MO. Diamond, headed by Arch B. Watson and Thomas M. Ladd, will pay $965K for the stations. The bulk of that will be in cash -- $710K to be exact – and the remaining $255K will be paid pursuant to terms of a promissory note.

In addition to the stations, Diamond will be a Dodge Caravan.

A TBA/LMA is contracted to begin 8/1/11, and the parties agree that 9/4/11 is the buyer’s target date to flip both stations to a Sports format with the seller’s blessings.

The seller is Three Rivers Communications LLC, headed by Fred and Barbara White.

KHOM is a Class C2 on 100.9 MHz with 50 kW @ 492’.

KBMV is a Class C3 on 107.1 MHz with 25 kW @ 328’.

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 Posted: Tue Aug 2nd, 2011 10:40 am
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Micheal Dickens
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So does this mean that they'll put ESPN Radio on one station and Fox Sports Radio on the other?  Sounds like they'll be playing both sides against the middle.

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 Posted: Tue Aug 2nd, 2011 10:43 am
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artmorris
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Here's a link to the RBR story mentioned above.


http://www.rbr.com/radio/radio_deals/diamond-media-set-to-straddle-the-ar-mo-border.html

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 Posted: Tue Aug 2nd, 2011 11:58 pm
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teacherguy
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Being from West Plains, I don't see a sports format being overly successful.

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 Posted: Tue Aug 9th, 2011 05:05 pm
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DJMark
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Sports formats in general don't fare too well (see the Spring Arbitron discussion in the main Springfield forum), but man, are they cheap to operate.  I'd rather rake in a hefty percentage profit on a low rated format than be number one and not making as much.

Then again, it's that thinking that is the bane of radio's existence today.

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 Posted: Fri Aug 12th, 2011 03:27 pm
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XGM
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I tried to pick up 100,9 FM in Springfield on my van radio and could not get them.  Are they listenable in the Springfield area?  Mike Edwards used to work for me and I am interested in what he is doing of course.  :)

Any answers???

Last edited on Sat Aug 13th, 2011 12:03 am by XGM

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 Posted: Sat Aug 13th, 2011 02:04 pm
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Jamie Turner
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XGM, 100.9 is not, but occassionally you can pick up 107.1 here in town.

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 Posted: Sat Aug 13th, 2011 02:05 pm
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Jamie Turner
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XGM, 100.9 is not, but occassionally you can pick up 107.1 here in town.

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 Posted: Sat Aug 13th, 2011 02:18 pm
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Jamie Turner
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XGM, 100.9 is not, but occassionally you can pick up 107.1 here in town.

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 Posted: Mon Aug 15th, 2011 09:18 pm
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Hoopman
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Hey Curt, I will call you and fill you in on this adventure.  So far it's been a lot of work getting ready for our format switch.  After being out of the business for a while it's been good to have a quick refresher course.  We have some talented people and great sales people to work with.  Good challenges ahead and we're looking forward to them all!  Talk to you soon!

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 Posted: Mon Aug 15th, 2011 09:19 pm
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Hoopman
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Hey Curt, I will call you and fill you in on this adventure.  So far it's been a lot of work getting ready for our format switch.  After being out of the business for a while it's been good to have a quick refresher course.  We have some talented people and great sales people to work with.  Good challenges ahead and we're looking forward to them all!  Talk to you soon!

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