KRJY 1240 AM Sells, but to whom?

[bbutler]

I hear that the once mighty 1240 AM (KRJY) has sold. I've got no idea who bought it. It's been spinning in circles for years and the gospel format of late apparently did nothing in ratings or revenue. Anybody know who the buyer is, and the price?

 

[Michael Rivers Kramer]

I hear that the once mighty 1240 AM (KRJY) has sold. I've got no idea who bought it. It's been spinning in circles for years and the gospel format of late apparently did nothing in ratings or revenue. Anybody know who the buyer is, and the price?

There was an attempt at a family reorganization regarding KRJY a while back that was objected by Entravision (The Purchaser of KBMB) and The Beverly Group (The court appointed receiver that was assigned to run KBMB prior to the sale to Entravsion.

It peaked at just under a two share 12+ as a talk station. It was the highest numbers the station had since 1981.

https://licensing.fcc.gov/cgi-bin/w...xt=25&appn=101261839&formid=315&fac_num=29297


http://licensing.fcc.gov/cgi-bin/ws...cation_id=1261839&File_number=BTC-20080813ADT

 

[djj]

There was an attempt at a family reorganization regarding KRJY a while back that was objected by Entravision (The Purchaser of KBMB) and The Beverly Group (The court appointed receiver that was assigned to run KBMB prior to the sale to Entravsion.

It peaked at just under a two share 12+ as a talk station. It was the highest numbers the station had since 1981.

https://licensing.fcc.gov/cgi-bin/w...xt=25&appn=101261839&formid=315&fac_num=29297


http://licensing.fcc.gov/cgi-bin/ws...cation_id=1261839&File_number=BTC-20080813ADT

Abetted by this infobyte from recnet.com :

From: PAULA NELSON
To: NELSON FAMILY MEMBERS
BTC-20080813ADT Transfer Ctrl APDIS 02/13/2009

APDIS = Application Dismissed...

Alas, that was the last known transaction via FCC that is listed in that database...
Egad; since 1998, 1240 has had at LEAST 7 ownership changes:

http://cdbs.recnet.com/fmq.php?faci...ountry=US&zip=&party=&party_type=LICEN&jaws=0

--jay

 

[djj]

There was an attempt at a family reorganization regarding KRJY a while back that was objected by Entravision (The Purchaser of KBMB) and The Beverly Group (The court appointed receiver that was assigned to run KBMB prior to the sale to Entravsion.

It peaked at just under a two share 12+ as a talk station. It was the highest numbers the station had since 1981.

https://licensing.fcc.gov/cgi-bin/w...xt=25&appn=101261839&formid=315&fac_num=29297


http://licensing.fcc.gov/cgi-bin/ws...cation_id=1261839&File_number=BTC-20080813ADT

Abetted by this infobyte from recnet.com :

From: PAULA NELSON
To: NELSON FAMILY MEMBERS
BTC-20080813ADT Transfer Ctrl APDIS 02/13/2009

APDIS = Application Dismissed...

Alas, that was the last known KRJY transaction via FCC that is listed in that database...
Egad; since 1998, 1240 has had at LEAST 7 ownership changes:

http://cdbs.recnet.com/fmq.php?faci...ountry=US&zip=&party=&party_type=LICEN&jaws=0

--jay