Connoisseur Media has acquired KOIT, KMVQ, KBLX, and KUFX for an undisclosed amount.
Bonneville San Francisco To Connoisseur Media Sale Price & Details
The sale of Bonneville's San Francisco cluster to Connoisseur Media has been filed with the FCC. Connoisseur will pay $10radioinsight.com
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Connoisseur Media acquires Bonneville’s San Francisco Cluster
- Thread starter TheM1ghtyBear
- Start date
WOW! I wonder why Bonneville is exiting San Francisco? Could we see Bonneville selling off other stations, in other markets?
Those stations, aside from KOIT, always seemed to be an odd fit for Bonneville.
Isn't Cumulus operating from Bonneville's office? What does this mean for them?
radioinsight.com
Bonneville & Cumulus Moving In Together In San Francisco
RadioInsight Exclusive: After announcing in November that Sports 680 KNBR/104.5 KNBR-FM will be relocating its studios to the San Francisco
radioinsight.com
Isn't Cumulus operating from Bonneville's office? What does this mean for them?
Bonneville & Cumulus Moving In Together In San Francisco
RadioInsight Exclusive: After announcing in November that Sports 680 KNBR/104.5 KNBR-FM will be relocating its studios to the San Francisco
Probably nothing, since there's a subleasing agreement.
This means they have about four stations to spin off unless the FCC changes the rules. Connoisseur already has KBAY, KKDV, KEZR, KKIQ and KUIC in the SF market.
I could see KKIQ, KUIC, and KBAY/KKDV getting spun off.
Maybe Eagle Media should at least look into buying these stations!
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They might ask for a waiver pending changes in the ownership cap. Everything, including filing the sale for review with the FCC, is on hold with the shutdown.
Here's the company's explanation:
So they may use the money in a market that gives them that combination of platforms. San Francisco isn't the growth market it once was.
Do you think 99.7 now will stay chr?
Probably, they’re doing very well so I don’t see them changing anytime soon.
Lord no. They’re better off in the Midwest, their bread ‘n’ butter.
Connoisseur will have SF, has Portland...
Wouldn't mind them coming to Seattle next.
Wouldn't mind them coming to Seattle next.
Keep in mind that at one time Bonneville owned stations in NY, LA, CHI, Dallas, Houston, DC, as well as many more. They were once a much bigger company.
In 2011, they sold a big group to Hubbard. They've been downsizing for a while.
Definitely a money making move from Bonneville and we will see what will Connoisseur Media do with their Bay Area radio cluster...
I don't think that KUFX was an odd fit for Bonneville, either. Remember that in the company's home market, Salt Lake City, it owns and runs a classic rock powerhouse with the callsign of KRSP. That said, I agree with you about the other two.
We can only hope.
KOIT is a perennial #3, except in December when they're wall-to-wall Christmas music and eat everyone's lunch. Since they're never going to seriously challenge either KQED or KCBS, they've done the best they can with their "format 42" AC music format. KMVQ too. Really the only station in the cluster that's a mismatch is KBLX. I could never figure out why a company owned by LDS would want that particular station/format. It just seems like they've picked a foreign language they can't speak.