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Iowa Connoisseur-owned Newton/Grinnell stations are gone?

radiorobert said:
I had thought of Northwestern buying KCOB. However, given how much they've put into the investment to upgrade 107.1 just a few years ago, I assumed it may not be worth the additional cost now to make a purchase to just buy a handful (5-7) of miles on the 96.1 signal. Plus, they would now own two new stations. That's something they would obviously have to weigh.
Click to expand...
Judging by Connoisseur's recent divestitures, I get the impression that, if they can't find a viable local buyer for stations they want to sell, then they'll just shut them down. I haven't kept track of all their sales, so I could be wrong, but it doesn't seem that they will sell to buyers who would just turn stations into repeaters, which is what most of the religious broadcasters would do. Other than the 94.1 translator in Des Moines, IPR hasn't bought anything lately, either. The word "viable" is doing some work here: for example, it appeared that there was a willing buyer in Fairfield but Connoisseur decided to just shut down those stations. An outright shutdown would avoid having to take stations back if the buyer ran into financial trouble. It's also possible that these were shopped around and the offers they got were lowball at best. It's unlikely we'll ever know.
 


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