In today's FCC Daily Digest, under Broadcast Actions:
CA BAL-20101103ACM KSTN 58838 SAN JOAQUIN BROADCASTING CO.
Voluntary Assignment of License
1420 KHZ STOCKTON, CA
From: SAN JOAQUIN BROADCASTING CO.
To: KNOX, INC.
Form 316
KNOX, Inc., according to the application, is LARUE FAMILY LP (81.7%) and ANNETTE LARUE (18.3%), which means that the new owners are the old owners. Exhibit 2 of the application reads:
THE ASSIGNOR, SAN JOAQUIN BROADCASTING CO., IS THE LICENSEE OF KSTN (AM) AND KLVS (FM), STOCKTON, CALIFORNIA. ON NOVEMBER 2, 2010, A LONG FORM APPLICATION (BTCH-20101102ABF) WAS FILED TO TRANSFER CONTROL OF LICENSEE TO EDUCATIONAL MEDIA FOUNDATION; THAT TRANSFER OF CONTROL APPLICATION, HOWEVER, RELATES ONLY TO KLVS AS THE STOCK PURCHASE AGREEMENT FOR THE KLVS TRANSACTION REQUIRES THAT ASSIGNOR/LICENSEE ASSIGN THE LICENSE OF KSTN TO A SUBSIDIARY PRIOR TO CLOSING THE TRANSFER OF CONTROL OF KLVS. THE INSTANT APPLICATION SEEKS CONSENT TO ASSIGN THE KSTN LICENSE TO KNOX, INC. ('ASSIGNEE'). THE OFFICERS, DIRECTORS AND OWNERSHIP OF BOTH ASSIGNOR AND ASSIGNEE ARE IDENTICAL AND, THEREFORE, USE OF A SHORT FORM APPLICATION IS APPROPRIATE.
Does this mean KSTN-AM will return to the air? As this transfer appears to be merely a legal maneuver, I'd say no.
CA BAL-20101103ACM KSTN 58838 SAN JOAQUIN BROADCASTING CO.
Voluntary Assignment of License
1420 KHZ STOCKTON, CA
From: SAN JOAQUIN BROADCASTING CO.
To: KNOX, INC.
Form 316
KNOX, Inc., according to the application, is LARUE FAMILY LP (81.7%) and ANNETTE LARUE (18.3%), which means that the new owners are the old owners. Exhibit 2 of the application reads:
THE ASSIGNOR, SAN JOAQUIN BROADCASTING CO., IS THE LICENSEE OF KSTN (AM) AND KLVS (FM), STOCKTON, CALIFORNIA. ON NOVEMBER 2, 2010, A LONG FORM APPLICATION (BTCH-20101102ABF) WAS FILED TO TRANSFER CONTROL OF LICENSEE TO EDUCATIONAL MEDIA FOUNDATION; THAT TRANSFER OF CONTROL APPLICATION, HOWEVER, RELATES ONLY TO KLVS AS THE STOCK PURCHASE AGREEMENT FOR THE KLVS TRANSACTION REQUIRES THAT ASSIGNOR/LICENSEE ASSIGN THE LICENSE OF KSTN TO A SUBSIDIARY PRIOR TO CLOSING THE TRANSFER OF CONTROL OF KLVS. THE INSTANT APPLICATION SEEKS CONSENT TO ASSIGN THE KSTN LICENSE TO KNOX, INC. ('ASSIGNEE'). THE OFFICERS, DIRECTORS AND OWNERSHIP OF BOTH ASSIGNOR AND ASSIGNEE ARE IDENTICAL AND, THEREFORE, USE OF A SHORT FORM APPLICATION IS APPROPRIATE.
Does this mean KSTN-AM will return to the air? As this transfer appears to be merely a legal maneuver, I'd say no.