KFUO Sale Revisited

A great example of collaborative, cumulative journalism —

From radio-info.com this morning: Senators Claire McCaskill and Kit Bond of Missouri have now joined House reps John Shimkus and Lacy Clay in examining the shady dealings surrounding the sale of St. Louis’s only classical station to religious broadcasters — this from an article in stltoday.com, written by Sarah Bryan Miller.   Miller quotes author Stefene Russell in St. Louis Magazine:

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Buzz in Orlando About WMFE Dropping Classical

Your radio bloggers got super busy and haven’t managed to post over the last several days.  Our apologies!  Radio-Info.com reported earlier this week that dual format station WMFE in Central Florida is considering dropping the music from its FM side and going all news/talk.  They do have a 24/hour HD stream.  The rumor came from the Orlando Weekly, but I couldn’t get into the site, because my security software said it was an infected site.   From Tom Taylor at Radio-Info.com:  The Orlando Weekly notes that WMFE radio missed its latest fund-raising goal … Continue Reading

Boston’s WCRB Sold to WGBH

Wow!  Just wow. From Radio Info.com: Price: $14 million. Seller Nassau Broadcasting is doing a debt-for-equity swap with lender Goldman Sachs, and the biggest single station in its portfolio is commercial-classical WCRB (99.5), licensed to Lowell, MA. Now Goldman steers it to public radio/TV broadcaster WGBH, which already operates news/classical WGBH-FM (89.7) and WGBH-TV. It’s not yet clear whether WGBH will run it as a non-commercial station, or continue its operation as a commercial station through a subsidiary. Brokers: Patrick Communications for seller Nassau, and Public Radio Capital for buyer WGBH. More … Continue Reading

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