I have predicted for some time now that CC will flip KHHT to KFI-FM sooner or later, however there is still a good chance that it will, in fact, be later, rather than sooner.
I base this on their rumored reason for not flipping certain AM properties to date, which is that they will have to write down a fair amount of goodwill on the AM properties which will lead to a one-time loss each time an AM property is flipped to the FM dial. For the non-accountants out there, this essentially means that they are concerned with historical, paper losses which would be finally reflected in their current financial statements upon the flip at least as much as they are concerned with current market realities.
There is still a relatively strong argument that the revenue generated from the combined KFI and KHHT-FM is still greater than the revenue a simulcast KFI-AM and FM will bring. I have no inside information on this to say if this is true or not, but for the time being I suspect it is true. But I also suspect that at one point in the future, it will not be true anymore and CC will finally make the long-anticipated move.
Since CC is not in any hurry to take the goodwill impairment loss, I don't see them making the flip until after the first of the year at the earliest. Then it is just a matter of how long management wants to delay the inevitable.
What makes the whole situation a little bit unusual is that it is often the case that businesses often want to take their goodwill impairment write-downs in bad revenue years such as this one to get all the bad financial news and results into one year that will soon be in the past so that they can start fresh in the new fiscal year and hopefully start an up trend. That would be an argument FOR the flip before the end of the year.