Radical348 said:
There were comments saying that the station would likely flip on the first of the next month as Principle has done with their newly acquired stations in the past. Obviously you're going to change the lightbulbs, but if you know you were going to lose the station in a week it wouldn't make sense to hire a new gardener, or bring in a weekend DJ. If they had a few months left it would make sense. That's what I was getting at -- do these things mean that we have it for a few more months rather than flipping at 12/1?
If the history of other acuisitions by the same buyer plays out, it's likely that they will wait for the closing to make any change. The closing is generally within or at the end of the month when the FCC approves the transfer.
Sometimes new buyers will essentially rent to own the station they are acquiring. That usually indicates that a big amount has been put as a down payment and the buyer is well qualified.
In this case, the determining factor is FCC approval of the transfer... and there is no standard time for that.
In the meantime, KSJO will likely continue to operate as normal, as nearly all stations being sold do (exceptions are, for example, cases where the station is losing money and the owner chooses to take them silent if the purchaser is going to do a new format anyway).
You can check the FCC website where the public documents for KSJO will include the transfer approval when it is granted.
http://licensing.fcc.gov/cgi-bin/ws.exe/prod/cdbs/pubacc/prod/altc_list.pl?Facility_id=4117
The application was only accepted 12 days ago, so it's probable that it will be January or February at the earliest that this might be granted... with the holidays, the FCC will take a little more time than usual.