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Las Vegas LMN to broadcast Dodgers Baseball in L.A., Vegas and Fresno

From my sources, KLSQ has been a wasted site, i know TU wanted to dump it because it runs off a generator and not electricity which waste a lot of money, there was talks of donating it just to get rid of it, LMN will have to invest more money than its worth for it to be profitable.
 
101.9 La Kalle said:
My guess is that KLSQ and KLLE will pick up Dodgers.

Here's the link to where I'm getting the info about Dodgers being on LMN from:
sports.yahoo.com

A Spanish radio station in Las Vegas adds MLB broadcasts — of the Dodgers, not the A's

The Latino Media Network will have Spanish-language radio broadcasts of Dodgers games this season in a deal set to be announced Tuesday.
sports.yahoo.com sports.yahoo.com
Click to expand...
LMN has filed to take the Las Vegas AM and one of the Miami AMs silent. I suspect they will spin both. I believe the "Dallas" ultra rimshot is also going to be silent.

They will still have 2 FMs in Vegas. The AM has to run from a remote site with generators 24/7 and is expensive and hard to operate.
 
DavidEduardo said:
LMN has filed to take the Las Vegas AM and one of the Miami AMs silent. I suspect they will spin both. I believe the "Dallas" ultra rimshot is also going to be silent.

They will still have 2 FMs in Vegas. The AM has to run from a remote site with generators 24/7 and is expensive and hard to operate.
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Only the Vegas station was taken silent. It, 1140 WQBA Miami, and 99.1 KFZO were also transferred into a separate holding company in order to protect the ownership caps from the upcoming Soros Fund acquisition of Audacy to keep them from being over. Similar to how in 2007, Clear Channel had to divest in markets including Houston due to their then investment in Univision.
 
lanceventa said:
1140 WQBA Miami, and 99.1 KFZO were also transferred into a separate holding company in order to protect the ownership caps from the upcoming Soros Fund acquisition of Audacy to keep them from being over.
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At a quick search I don’t see any filings for the separate holding company for KFZO in DFW. Do you have more info? No mention of this on the DFW board. Likely to be spun, as David Eduardo suggests?
 
Mediafrog+ said:
At a quick search I don’t see any filings for the separate holding company for KFZO in DFW. Do you have more info? No mention of this on the DFW board. Likely to be spun, as David Eduardo suggests?
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The FCC database is offline for maintenance at the moment, but the filing is a transfer of control filed last week under KLSQ.

As stated before, the primary purpose for the moment appears to help Soros Investment Fund stay within the ownership caps when combined with its upcoming stakes in Audacy. Nothing implies a need to divest anything yet.
 
lanceventa said:
The FCC database is offline for maintenance at the moment, but the filing is a transfer of control filed last week under KLSQ.

As stated before, the primary purpose for the moment appears to help Soros Investment Fund stay within the ownership caps when combined with its upcoming stakes in Audacy. Nothing implies a need to divest anything yet.
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I read the attachments to the transfer of control application for KLSQ, which also includes WQBA and KFZO. I understand the holding company, but with it having the exact same ownership as LMN, how does that help in getting around any market cap considerations once the Audacy bankruptcy is complete and its new ownership structure is in place?

If the three stations are going to be spun, does the holding company help facilitate that without dragging the rest of the LMN group into some aspect of the transaction?

Interesting that the stations could be taken silent, but how does that make a difference in any ownership considerations?

The application with attachments for the holding company transfer, which has been granted, is here:

Draft Copy « License Modernization « FCC

Licensing and Management System
enterpriseefiling.fcc.gov enterpriseefiling.fcc.gov
 
Mediafrog+ said:
I understand the holding company, but with it having the exact same ownership as LMN, how does that help in getting around any market cap considerations once the Audacy bankruptcy is complete and its new ownership structure is in place?
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As a separate company, they have the option of a stock sale vs. an asset sale. They are obviously looking at simplifying a transfer if the situation that requires one arises.
 
DavidEduardo said:
As a separate company, they have the option of a stock sale vs. an asset sale. They are obviously looking at simplifying a transfer if the situation that requires one arises.
Click to expand...

Looking at the FCC paperwork, it is structured around voting shares of the new company, and all of the voting shares are held by either employees of LMN or their legal proxies.
 
TheBigA said:
Looking at the FCC paperwork, it is structured around voting shares of the new company, and all of the voting shares are held by either employees of LMN or their legal proxies.
Click to expand...
And that is a simple paperwork change if the stations are sold to meet ownership limits.
 
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