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Bonneville Has Finally Sold 860 AM

A

asugeorge1

After many years of trying, Bonneville International Corporation has struck a deal with the Cesar Chavez Foundation's Farmworker Educational Radio Network, Inc. to sell 860 KMVP-AM Phoenix. Presently, the foundation owns shared-time 88.3 KNAI-FM Phoenix, which operates from 5:00am to 7:30pm daily as part of its Regional Mexican “La Campesina” network. One can assume that this network will now be airing full-time on 860 KMVP-AM.

Goodbye Arizona Sports simulcast on 860 AM, goodbye brokered gospel music, goodbye ESPN radio. Bonneville has finally sold 860 AM. It's a Festivus miracle! Hopefully the new owners will finally turn off the unnecessary HD radio signal that at night only gets out a few miles from the transmitter. If they do shut it off, maybe we can hear KOA Denver again!
 
asugeorge1 said:
After many years of trying, Bonneville International Corporation has struck a deal with the Cesar Chavez Foundation's Farmworker Educational Radio Network, Inc. to sell 860 KMVP-AM Phoenix. Presently, the foundation owns shared-time 88.3 KNAI-FM Phoenix, which operates from 5:00am to 7:30pm daily as part of its Regional Mexican “La Campesina” network. One can assume that this network will now be airing full-time on 860 KMVP-AM.

Goodbye Arizona Sports simulcast on 860 AM, goodbye brokered gospel music, goodbye ESPN radio. Bonneville has finally sold 860 AM. It's a Festivus miracle! Hopefully the new owners will finally turn off the unnecessary HD radio signal that at night only gets out a few miles from the transmitter. If they do shut it off, maybe we can hear KOA Denver again!
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$800,000 for 860? Not bad.

Note there's provisions for a LMA to kick in immediately if either an informal objection or petition to deny is filed for the sale.

I always thought that KNAI was locally programmed. We'll see what they do with an AM.

As for KOA? Why? So you can hear yet another station relaying Coast to Coast? The thrill is gone with AM DXing. So much bad automation, so little compelling programming...
 
johndavis said:
$800,000 for 860? Not bad.
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Not all that good, considering KIDR, KXAM and KMIK sold for more. But TMISU have been trying to unload this beast which sits on a former landfill. They had a deal for $3.8m before the market tanked, but it never closed (fortunately for the buyer!).

So the Nurse and I axe:

1) Will CCF run this commercial AM station as a non-com? After all, KNAI (non-com FM) is run like a commercial station. (and yes, CCF coughed up $12.5k last year for running their non-com in Visalia CA like a commercial FM)

2) Once this closes, will TMISU move the KMVP calls to Sports Parking Lot 6~Twenty? A logical brand extension of Sports Parking Lot 98~Seven.
 
DrAkbar said:
1) Will CCF run this commercial AM station as a non-com? After all, KNAI (non-com FM) is run like a commercial station. (and yes, CCF coughed up $12.5k last year for running their non-com in Visalia CA like a commercial FM)
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Going from a FM to an AM would be a significant downgrade, especially if they don't have any translators for that AM. Not much else they can do to find a commercial FM with the coverage of 88.3 for a bargain-basement price.

DrAkbar said:
2) Once this closes, will TMISU move the KMVP calls to Sports Parking Lot 6~Twenty? A logical brand extension of Sports Parking Lot 98~Seven.
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Considering that the KTAR call letters have been on 620 AM for over 80 years, maybe they don't want to mess with the legacy. However, I've seen stranger things happen.
 
EricStein said:
Considering that the KTAR call letters have been on 620 AM for over 80 years, maybe they don't want to mess with the legacy. However, I've seen stranger things happen.
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KTAR, as it's been known for decades (talk radio), is on 92.3. No reason why they couldn't move KMVP to 620. Lots of "legacy" Ancient Modulation stations have changed call letters over the years: KPHO, KOOL, KUPD, KRIZ, and KRUX come to mind immediately. Call letters mean little today, anyway.
 
I could see a station swap with Family Radio which might like the AM and already has a puny full time FM. Then CCF would own both KNAI and KPHF and surrender one of the licenses.
 
Raymie said:
I could see a station swap with Family Radio which might like the AM and already has a puny full time FM. Then CCF would own both KNAI and KPHF and surrender one of the licenses.
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That makes a lot of sense, ending the time-sharing arrangement they've had since 1990. Certainly makes more sense than putting “La Campesina” on an AM.
 
DrAkbar said:
Not all that good, considering KIDR, KXAM and KMIK sold for more. But TMISU have been trying to unload this beast which sits on a former landfill. They had a deal for $3.8m before the market tanked, but it never closed (fortunately for the buyer!).
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If you're waiting for the market to return to asking $3.8m for a 1kw Sports Parking Lot, you'll be waiting a long time... Sometimes you just need to unload the turkey.
 
TheBigA said:
That makes a lot of sense, ending the time-sharing arrangement they've had since 1990. Certainly makes more sense than putting “La Campesina” on an AM.
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They don't own any AMs at all. Also, KNAI/KPHF is one of the last shared-time full-power FMs in the country, as far as I know (there's one in Austin, Texas, though the station class is lower). Family has a number of AMs already, plus the 88.9 FM satellite-fed translator (though that has partial market coverage).
 
johndavis said:
If you're waiting for the market to return to asking $3.8m for a 1kw Sports Parking Lot, you'll be waiting a long time...
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That was a pipe dream and part of the purchase price was to cover the cost of moving the xmttr from the gravel pit to the landfill. When the deal failed to close, TMISU had to move the sticks on their own dime (of which they have quite a few). $800k was a better deal for CCF than TMISU, but as you said so eloquently ...
Sometimes you just need to unload the turkey.
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So I'm looking through this myself...

I also noticed that there's a swap pending at the FCC since August 2016, a trade of KUFW (the Visalia noncom that got slammed with the "commercial station" fine) for the Educational Media Foundation's KVPW 106.3. (EMF apparently obtained the station by some sort of default on behalf of the station's commercial operators.)

They want out of the noncom wolf business after their tangle in Visalia. Perhaps this is how they do it.
 
Raymie said:
So I'm looking through this myself...

I also noticed that there's a swap pending at the FCC since August 2016, a trade of KUFW (the Visalia noncom that got slammed with the "commercial station" fine) for the Educational Media Foundation's KVPW 106.3. (EMF apparently obtained the station by some sort of default on behalf of the station's commercial operators.)

They want out of the noncom wolf business after their tangle in Visalia. Perhaps this is how they do it.
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This whole thing has got us scratchin' our fezzes. CCF needs a commercial FM in the Valley to legally do what they've tried to do on KNAI. What does 8~Sixty bring to the table? Not much, unless they want to lasso a translator and bring it to Phoenix. A South Mtn Class C is very expensive, and a rimshot doesn't give them the coverage like they have with 88~Three. It is somewhat ironic that with 8~Sixty going back to Espanol, it's returning to its roots as the former home of KIFN and KVVA.
 
DrAkbar said:
This whole thing has got us scratchin' our fezzes. CCF needs a commercial FM in the Valley to legally do what they've tried to do on KNAI. What does 8~Sixty bring to the table? Not much, unless they want to lasso a translator and bring it to Phoenix.
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Great point. While they might trade 860 to the Family Radio folks and get the Big 88 on fulltime, this does not solve the commercial station issue.

A South Mtn Class C is very expensive, and a rimshot doesn't give them the coverage like they have with 88~Three. It is somewhat ironic that with 8~Sixty going back to Espanol, it's returning to its roots as the former home of KIFN and KVVA.
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OMG. I remember listening to KIFN in '73 and '74 when "Tío José" was PD and the PM drive guy. It was one dreadful radio station, but it made nice money. Back then, it went away with the sun in the PM.
 
DrAkbar said:
This whole thing has got us scratchin' our fezzes. CCF needs a commercial FM in the Valley to legally do what they've tried to do on KNAI. What does 8~Sixty bring to the table? Not much, unless they want to lasso a translator and bring it to Phoenix. A South Mtn Class C is very expensive, and a rimshot doesn't give them the coverage like they have with 88~Three. It is somewhat ironic that with 8~Sixty going back to Espanol, it's returning to its roots as the former home of KIFN and KVVA.
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I wonder if Sierra H. wants to part with one of their FMs? Sure they're rimshots with 75 percent coverage of the Phoenix Metro, but doesn't 88.3 has some problem areas in the east valley too?
 
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