Friday, January 2, 2015

CA Radio: Alpha Closes on Buckley Stations

Alpha Media/Portland, OR, has announced it closed on its previously announced acquisition of six radio stations from Buckley Broadcasting of California and Buckley Communications.

Included in the deal were Oldies KKBB 99.3 FM (99.3), Top40 KLLY 95.3 FM, News/Talk KNZR 1560 AM and News/Talk KNZR 97.7 FM  in Bakersfield and Top40/R KHTN 104.7 FM and Country KUBB 96.3 FM in Merced, CA.

Alpha Media adds the Buckley clusters to the eighty stations (which include 12 under LMAs) currently in the Alpha Media portfolio, bringing the total number of stations owned by Alpha Media to eighty-six. Commenting on the acquisition, Chairman Larry Wilson said, "We are privileged to buy these stations from such great operators. The Buckley clusters are a great addition to our live and local west coast footprint."

"As we close this transaction with Alpha, Buckley Broadcasting is effectively void of broadcast assets for the first time in 58 years. To all who worked for our family owned and operated business over these decades, we thank you again and wish Alpha great success in Bakersfield and Merced," commented Buckley Broadcasting and Communications President/CEO Joseph Bilotta.

No comments:

Post a Comment