Meruelo Media Ends Nielsen Ratings for KLOS, KPWR, KLLI, and KDAY

[ChannelFlipper]

Klos has ruined middays. They use to have jonesey jukebox at noon and then when jonesey left marcis playground now they have nothing at noon 😢I have quit listening. Plus I don't like how they have gone more classic rock heavy.

I got upset with them when they stopped playing "Noontime Nuggets" with Bob Colburn.

 

[Mediafrog+]

The hockey transaction was actually smart. He pockets a bunch of cash now and has a 5-year option to build a new hockey franchise in Phoenix. Also, a win for SLC.

Update: Looks like Alex Meruelo is walking away from hockey and pocketing his $500M. The shell entity that remains of the Arizona Coyotes is likely done, perhaps bringing an end to the 52 year old franchise. This following the cancellation of a land auction for a new arena site in Phoenix.

Sources: Alex Meruelo is walking away from Coyotes ownership

Alex Meruelo is calling it quits. Multiple sources told PHNX Sports that ownership addressed Coyotes staff on Monday, telling them that they have no plans to

gophnx.com

 

[Mediafrog+]

Alex Meruelo now done with the Coyotes: Coyotes Owner Meruelo Folding What’s Left of the NHL Franchise

 

[TheBigA]

Alex Meruelo now done with the Coyotes:

When they say there's no such thing as bad PR, they're wrong. This is very bad PR for Meruelo.

 

[Mediafrog+]

When they say there's no such thing as bad PR, they're wrong. This is very bad PR for Meruelo.

And Alex Meruelo is not completely done with hockey, as he still owns the AHL Tucson Roadrunners, who are now expected to move to Reno in 2026 to play in Meruelo’s new arena there: GSR Capital Investment Project Announcement | Wed, Sept 27, 2023

 

[henry]

Alex Meruelo now done with the Coyotes: Coyotes Owner Meruelo Folding What’s Left of the NHL Franchise

Aren't they moving to Salt Lake City?

 

[davideduardo]

When they say there's no such thing as bad PR, they're wrong. This is very bad PR for Meruelo.

I don't think it affects any of his other businesses such as the casinos and radio / TV.

 

[Mediafrog+]

Aren't they moving to Salt Lake City?

The Coyotes hockey operations and players were sold to the Utah Jazz ownership, and the temporarily named Utah HC is considered a new franchise, stocked with Coyotes players in lieu of an expansion draft. Very similar to the Cleveland Browns/Baltimore Ravens deal in 1996.

Meruelo had kept the shell business operation and intellectual property of the Coyotes in hope of landing a new expansion franchise. However that is now being dissolved, with the name and logos returned to the NHL, marking the end of the 52 year old team.

 

[Marv]

Would someone please refresh my memory on when and why was KLOS sold in the first place?

 

[TheBigA]

Would someone please refresh my memory on when and why was KLOS sold in the first place?

It was sold in 2019 following Cumulus emergence from bankruptcy, when the company decided to exit NY and LA markets:

Cumulus Sells L.A. Rocker KLOS to Meruelo Media For $43 Million.

Just shy of the heritage station’s 50th anniversary, Cumulus Media has agreed to sell rocker KLOS Los Angeles to Meruelo Media for $43 million. Effective Tuesday (April 16), Meruelo will

www.insideradio.com

Around the same time, Cumulus sold a group of FMs to EMF and WABC to Red Apple.

 

[davideduardo]

It was sold in 2019 following Cumulus emergence from bankruptcy, when the company decided to exit NY and LA markets:

Around the same time, Cumulus sold a group of FMs to EMF and WABC to Red Apple.

And these were single station markets as far as FM was concerned. They really could not compete with the cluster operators.