KFWB About To Be Sold?

[easybutton]

Surfing on CBSLosAngeles.com, and I noticed the top logo no longer contains KFWB. The CBS2/KCAL9 and KNX 1070 logos remain, but 980 is gone.

Also, most every reference to KFWB is gone from the site.

Has CBS finally found a buyer for 980? Or am I missing something here?

 

[chime]

Quite interesting, as also KFWB is gone from KCBS-FM
HD3. That HD3 is gone

 

[RadioStarOne]

Soon to be another IHR Radio station or Family Radio Station? Thrown in as part of the deal for the Philly area stations? I doubt it will go to any group other than a non commerical company or a spanish radio broadcasting company. The proof is out there timt after time.

 

[davideduardo]

Soon to be another IHR Radio station or Family Radio Station? Thrown in as part of the deal for the Philly area stations? I doubt it will go to any group other than a non commerical company or a spanish radio broadcasting company. The proof is out there timt after time.

No Hispanic-focused company wants an AM (Spanish radio companies are in Spain) wants an AM in LA... Hispanics use even less AM than other groups (as shown by Mexico's effort to nearly vacate the AM band nationally).

KFWB is already in a trust, and has to be sold, eventually.

 

[radiocph]

Soon to be another IHR Radio station or Family Radio Station? Thrown in as part of the deal for the Philly area stations? I doubt it will go to any group other than a non commerical company or a spanish radio broadcasting company. The proof is out there timt after time.

No Hispanic-focused company wants an AM (Spanish radio companies are in Spain) wants an AM in LA... Hispanics use even less AM than other groups (as shown by Mexico's effort to nearly vacate the AM band nationally).

KFWB is already in a trust, and has to be sold, eventually.

If the Asians won't take it the Armenians might...

 

[engineer65]

Surfing on CBSLosAngeles.com, and I noticed the top logo no longer contains KFWB. The CBS2/KCAL9 and KNX 1070 logos remain, but 980 is gone.

Also, most every reference to KFWB is gone from the site.

Has CBS finally found a buyer for 980? Or am I missing something here?

KFWB is in a trust, so there can be no connection between CBS and KFWB. That means removing KFWB from any site CBS is involved with.

 

[blackgold]

How about the nation's first all-Irish music radio station? In Los Angeles, of all places!

 

[davideduardo]

Surfing on CBSLosAngeles.com, and I noticed the top logo no longer contains KFWB. The CBS2/KCAL9 and KNX 1070 logos remain, but 980 is gone.

Also, most every reference to KFWB is gone from the site.

Has CBS finally found a buyer for 980? Or am I missing something here?

KFWB is in a trust, so there can be no connection between CBS and KFWB. That means removing KFWB from any site CBS is involved with.

KFWB went into the trust 9 years ago... so why would they be sanitizing the site right now?

 

[easybutton]

KFWB went into the trust 9 years ago... so why would they be sanitizing the site right now?

Just what I was about to ask. Why now? What is so special and pressing that they had to separate KFWB from the rest of CBS right this very second after almost a decade in the trust?

 

[ercjncpr]

KFWB went into the trust 9 years ago... so why would they be sanitizing the site right now?

Just what I was about to ask. Why now? What is so special and pressing that they had to separate KFWB from the rest of CBS right this very second after almost a decade in the trust?

Probably because the local CBS webmaster had nothing else to do? Besides secondary web pages, like this one can still be found via Google:

http://losangeles.cbslocal.com/2011/01/04/kfwb-980-on-air-schedule/

Also the facebook for KFWB is still being updated (and indeed still exists):

http://www.facebook.com/KFWBNEWS980

 

[Fornax]

Surfing on CBSLosAngeles.com, and I noticed the top logo no longer contains KFWB. The CBS2/KCAL9 and KNX 1070 logos remain, but 980 is gone.

Also, most every reference to KFWB is gone from the site.

Has CBS finally found a buyer for 980? Or am I missing something here?

KFWB is in a trust, so there can be no connection between CBS and KFWB. That means removing KFWB from any site CBS is involved with.

KFWB went into the trust 9 years ago... so why would they be sanitizing the site right now?

We don't get to say this very often...David you're wrong. I have friends at the station and KFWB never went into the trust 9 years ago. In fact, it went into the trust TODAY. See this release from All Access. It would explain why the web site and other changes were made today.

http://www.allaccess.com/net-news/a...erie-k-blackburn-named-gm-of-kfwb-los-angeles

 

[davideduardo]

Surfing on CBSLosAngeles.com, and I noticed the top logo no longer contains KFWB. The CBS2/KCAL9 and KNX 1070 logos remain, but 980 is gone.

Also, most every reference to KFWB is gone from the site.

Has CBS finally found a buyer for 980? Or am I missing something here?

KFWB is in a trust, so there can be no connection between CBS and KFWB. That means removing KFWB from any site CBS is involved with.

KFWB went into the trust 9 years ago... so why would they be sanitizing the site right now?

We don't get to say this very often...David you're wrong. I have friends at the station and KFWB never went into the trust 9 years ago. In fact, it went into the trust TODAY. See this release from All Access. It would explain why the web site and other changes were made today.

http://www.allaccess.com/net-news/a...erie-k-blackburn-named-gm-of-kfwb-los-angeles

The transfer to place the station into the trust was made in November, 2002.

"Viacom is forced to put KFWB-AM/Los Angeles into a trust due to the acquisition of KCAL-TV. Viacom will pay Bill Clark, the trustee, $25K in cash. Buyer Law Firm: Garvey, Schubert & Barer; Seller Law Firm: Leventhal, Senter & Lerman PLLC"

Perhaps what has gone on has been a staying tactic (some of us remember transfers taking a year or more in the 70's)... with the expectation that ownership caps would be changed. The action referenced in allacces (not, by any account, the journal of record on financial issues) may be the final nail in that particular coffin. But the trust decision and formation was made 9 years ago.

Remember, a trust is not a change in ownership, it is a change of control. It's just like the trusts that politicians put assets into while campaigning and in office to put a third party in control so that there will be no influence. In this case, CBS was over the legal ownership caps.

 

[davideduardo]

Remember, a trust is not a change in ownership, it is a change of control. It's just like the trusts that politicians put assets into while campaigning and in office to put a third party in control so that there will be no influence. In this case, CBS was over the legal ownership caps.

And, I'm told by an "informed source" that while the transfer to a trust was ordered by the FCC in 2002, and the filings were made as I believed, later changes in the FCC rules and their subsequent reversal delayed an approval. And before that could be done, the whole thing was the subject of a motion by another local broadcaster. All that being resolved, the final approval just occurred thus explaining the actions of today.

Again, though, the station is still owned by CBS... it is simply "isolated" just as my political example. What is probably a safe assumption is that the station will eventually be sold. But, in a recent case in another market Clear Channel was upheld by the Commission in its retention via the Aloha Trust of several stations because a suitable buyer at a suitable price could not be found. So it's possible the current status could endure for a considerable time.

 

[observer8057]

How can KFWB be independent under the trust when the new "general manager" is also the Controller (Chief Bookkeeper) of CBS Los Angeles?

 

[robnokshus06]

"Trust" me on this, KFWB has been run as a part of CBS everyday since 2002.

 

[ChannelFlipper]

"Trust" me on this, KFWB has been run as a part of CBS everyday since 2002.

That is why I've said that this is a charade and a scam all along. Either enforce the rule as it is written or get rid of the rule. If they have to sell, they can be made to sell. They haven't been made to sell. Clearly the rule applies to everyone until it doesn't apply to some.

As they say down on Animal Farm, All animals are equal. It's just that some are more equal than others.

 

[Fornax]

"Trust" me on this, KFWB has been run as a part of CBS everyday since 2002.

That is why I've said that this is a charade and a scam all along. Either enforce the rule as it is written or get rid of the rule. If they have to sell, they can be made to sell. They haven't been made to sell. Clearly the rule applies to everyone until it doesn't apply to some.

As they say down on Animal Farm, All animals are equal. It's just that some are more equal than others.

Seriously? Not a one of you even understood what was going on.

 

[robnokshus06]

Really Fornax? 'Splain it to us then.

 

[Ryan Williams]

I wonder if KFWB could be going to Family Radio as part of the rumored deal with CBS for WKDN in Philadelphia and WFSI in Washington/Baltimore.

Curious timing.

 

[RadioStarOne]

What difference does it make to anyone but the FCC and CBS? They are going to squeeze every dime out of KFWB that they can, then sell it to a company that will offer no competition to any commerical broadcaster in the LA region! KFWB is finished as a commerical station in LA. Count on it!