Not keeping the call letters and website (which is kxxo.com), tells me they are shopping around for someone who might be interested, but haven't found any takers. Their are no rights to keeping the call letters if relinquished, they go back to the FCC. Having the call letters in the web address, means a new web domain needs to be found.
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Bustos buying KXXO Oly
- Thread starter The New Chico
- Start date
I was listening to the ocean sounds KXXO tested with before they signed on. They came on at a good time in August 1989. The Canadian All-News radio network CKO which had been broadcasting on 96.1 in Vancouver. since 1976 was bankrupt and left the air a few weeks before KXXO turned their transmitter on.
I seem to remember KRXY listed for sale for ~850k in the last year or so? Yes, KXXO had a monster signal -- but they also primarily had Olympia clients, and were always a very Olympia-focused station (regardless of them being on in every office building from Winlock to Puyallup they've always focused on the Rockway Leland Building in downtown Olympia vs a station like KYYO that goes out of their way to be an ambiguous "South Sound" station)... The fact that the programming etc. is not part of the sale makes me wonder if the next news will involve 3 Cities purchasing KRXY and moving KXXO down the dial... Less expenses (that Capitol Peak lease on that huge tower they built from the whole 96.3 Portland move-in that got them off Rooster Rock can't be super cheap for example), still covering where most of your clients already are -- AND they would keep whatever the difference would be between buying KRXY and what they made from selling KXXO... I also can't imagine KRXY would go for 850k. Total and complete speculation -- but the whole keeping their IP thing jogged that into my memory...
That's what I thought. When they explicitly stated details on their IP, first thing I thought is they're either moving online or buying another station.
The Rockway Leland Building is so damn associated with KXXO, KXXO should have been getting a lease discount all these years from all the free mentions.
I don't think they are buying another radio station, because why even sell In the first place. Tho online option is possible, but then why not go ahead and tell everyone that's where they are headed.
Naive question .... how strong is Hispanic presence in Thurston/Mason, etc. counties? Seems like adding different flavor formats is only going to fragment an existing audience ... not necessarily GROW it.
Making the assumption that the current programming changes to Spanish programming of some kind, I would say it has little to do with the prospective Hispanic audience in Thurston and Mason counties, and everything to do with Hispanic listeners in the metro as a whole.
Hispanics are 13.7 % of the population of Washington State For Seattle 8.2% 60,700, Tacoma 13.1% 28,900, and Olympia 9.1% 5,727.Keep in mind, depending on the generation, many may not even listen to Hispanic radio.
Yakima 53% 46,049
My understanding is the owners are just retiring and wanting to cash out. It's a good station that could use some tweaks. Just stinks that another locally owned station is going the way of a corporate buy. No telling what Bustos is going to do and I agree, I don't think the market needs 3 Spanish speaking stations since listenership overall has decreased. That's a station that I hear in endless offices because it's a "safe" choice. Feel sorry for the whole staff that's getting hosed. Isn't Ty Flint still there?
He absolutely is!
Well. Well. My prediction almost was spot on ... but with a twist. Today, Bustos Media filed to sell KQRR 1130 AM to "Iglesia Pentacostal Vispera del Fin" . The sales price is $50,000 down, $450,000 promissory note at closing, and a donation letter from Vispera for the amount of $510,000, the supposed fair market value of this AM signal. (I do not know if this includes land.)
From the filing:
Iglesia Pentecostal Vispera Del Fin is the licensee of the following full-power broadcast stations:
Call State City Service
KLDY WA LACEY Full Power AM
KOAN AK ANCHORAGE Full Power AM
WOIR FL HOMESTEAD Full Power AM
KNTB WA LAKEWOOD Full Power AM
KDYL UT SOUTH SALT LAKE Full Power AM
KBRO WA BREMERTON Full Power AM
KZXR WA PROSSER Full Power AM
KCKX OR STAYTON Full Power AM
KZGD OR SALEM Full Power AM
KWLO UT SPRINGVILLE Full Power AM
KPVO UT FOUNTAIN GREEN Full Power FM
KHCV CA MECCA Full Power FM
The Vispera group has a complicated ownership profile which includes equity in another group. As noted "Arturo Gonzales, Rosario Alberto, and Martha L. Hernandez also have attributable interests in Centro Familiar Cristiano, licensee of the following full-power broadcast stations":
Call State City Service
KULE WA EPHRATA Full Power AM
KDYM WA SUNNYSIDE Full Power AM
KRSC WA OTHELLO Full Power AM
KTRP ID NOTUS Full Power AM
KRYN OR GRESHAM Full Power AM
KDYK WA UNION GAP Full Power AM
KVAN WA BURBANK Full Power AM
KLSY WA BELFAIR Full Power FM
Note the last entry. So there is the connection to KLSY....
The KQRR sale must have gone into the calculus for the KXXO purchase.
To end confusion - the total station "valuation" would be $1,010,000. (Land, if any not known.) Bustos did a similar partial donation earlier this year with the disposal of FM 92.1 in Cottonwood, California.
why would you expect a spanish operator to keep the format? they dont do that. they do what they dpo. the owner of KXXO is old, im told.. the station was up for sale and these folks ponied up the cash
Remember, Nogales (either of them) is not in or near the Tucson market. The AZ Nogales is 70 miles from the center of Tucson.
Miche's site shows it getting nowhere near Tucson.
Well on one hand, it’s a way to get the format into the market on a (more) desirable signal. There are examples out there of stations that air a format that may not be popular, but at least the format is on the air within the market.