-juan- said:
Who used to own this station before Univision/Rawhide? anyone know?
Good question, and I decided to look into it by checking the FCC archives. It's a complicated history, especially in the past few years when HBC entered the picture, but here goes: previous owners, dating from the original application back in 1982, include JB Broadcasting (holder of the original CP); Cuero Broadcasting, which acquired the station in 1987 but apparently ran into financial trouble and the station went back to the original owner; Gulfwest Broadcasting from Corpus Christi, which bought it in 1994; and in early 1999 the station was sold to Sonoma Media Corporation (Roy Henderson, president, holding 51% and Palmetto Radio and HBC each holding 24%).
In late 1999 an application for involuntary transfer of control from Sonoma to Rawhide Radio (giving HBC controlling interest of 76%, Palmetto retaining 24%) was filed. This is the complicated part, in that the transfer didn't really happen as planned, but following a lot of negotiation between the parties a revised HBC/Palmetto buyout of Sonoma received FCC approval in August 2002. (Two months prior to that, Univision had announced the acquisition of HBC, a transaction that closed in September 2003.)
A check of the 2002 sale application reveals that HBC agreed to a "Contingent Upgrade Payment." That would mean an additional $2M would be paid to Sonoma if the FCC gave approval to relocating the KLTO antenna to the Tower of the Americas (or comparable site) within three years of the approval of the sale, which obviously didn't happen.
For FCC purposes, Rawhide Radio (the Univision/Palmetto partnership) is still listed as the owner of the station, which is offically KLTO-FM (not just KLTO). The history of call letters goes like this: KQRO-FM from 09/1987, KVCQ from 09/1995, KNGT from 07/2003 and KLTO-FM from 01/2005.