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Radio station changing hands
By Sandra Baker
Star-Telegram Staff Writer
FORT WORTH _ LKCM Radio Group, owner of the Ranch radio station, which operates a studio in downtown Fort Worth, is under contract to buy KTFW, a rival FM country music station.
Gary Moss, president of M&M Broadcasters, owner of KTFW/92.1FM, said Tuesday that an application has been filed with the Federal Communications Commission to transfer the station's license to LKCM Radio, a subsidiary of Luther King Capital Management, a Fort Worth-based investment group.
The application was filed with the FCC in late July, and the process takes about 90 days, Moss said.
LKCM Radio, though, took over the station’s operations Aug. 1. Moss said he is staying on with the station as a consultant until the deal closes.
The deal, Moss said, "came about and happened real quick. It's one of those things."
KTFW features Mike Crow, host of the Country Gold Morning Show. It has also broadcast Fort Worth Brahmas hockey and Fort Worth Cats baseball games, and football games for Tarleton State University in Stephenville.
M&M Broadcasters is a partnership of Moss and George Marti. The two started KTFW in 1990. KTFW’s signal at 1460AM is not included in the pending sale, Moss said.
KTFW is headquartered in Glen Rose and its antennae is west of Granbury. The station reaches into 18 counties, including into the Metroplex, and as far west as Abilene and south to Waco, Moss said.
LKCM Radio bought KFWR/95.9FM "The Ranch," in 2002. In October 2003, the station opened a studio in the century’s old Jett Building on Main Street in Sundance Square.
Company officials with Luther King Capital Management could not be reached for comment on the pending sale.
M&M Broadcasters also owns KTON/940AM in Belton, a country music station that reaches from Waco to Austin.
Radio station changing hands
By Sandra Baker
Star-Telegram Staff Writer
FORT WORTH _ LKCM Radio Group, owner of the Ranch radio station, which operates a studio in downtown Fort Worth, is under contract to buy KTFW, a rival FM country music station.
Gary Moss, president of M&M Broadcasters, owner of KTFW/92.1FM, said Tuesday that an application has been filed with the Federal Communications Commission to transfer the station's license to LKCM Radio, a subsidiary of Luther King Capital Management, a Fort Worth-based investment group.
The application was filed with the FCC in late July, and the process takes about 90 days, Moss said.
LKCM Radio, though, took over the station’s operations Aug. 1. Moss said he is staying on with the station as a consultant until the deal closes.
The deal, Moss said, "came about and happened real quick. It's one of those things."
KTFW features Mike Crow, host of the Country Gold Morning Show. It has also broadcast Fort Worth Brahmas hockey and Fort Worth Cats baseball games, and football games for Tarleton State University in Stephenville.
M&M Broadcasters is a partnership of Moss and George Marti. The two started KTFW in 1990. KTFW’s signal at 1460AM is not included in the pending sale, Moss said.
KTFW is headquartered in Glen Rose and its antennae is west of Granbury. The station reaches into 18 counties, including into the Metroplex, and as far west as Abilene and south to Waco, Moss said.
LKCM Radio bought KFWR/95.9FM "The Ranch," in 2002. In October 2003, the station opened a studio in the century’s old Jett Building on Main Street in Sundance Square.
Company officials with Luther King Capital Management could not be reached for comment on the pending sale.
M&M Broadcasters also owns KTON/940AM in Belton, a country music station that reaches from Waco to Austin.