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La Promesa Foundation Buys Texas Radio Outlets


La Promesa Foundation, headed by President Leonard J. Oswald, has agreed to acquire KEES-AM (1430)/Gladewater, TX and FM translator K243CU (96.5)/Longview, TX from Salt of the Earth Broadcasting, headed by President Darrell E. Martin. The purchase price is $125,000 cash at closing. Media Broker John W. Saunders was the exclusive broker on the transaction.

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Latest Radio Stories

NAB Unveils Redesigned Spot Center for PSA's
National Association of Broadcasters (NAB)
National Association of Broadcasters (NAB)
The National Association of Broadcasters (NAB) has launched a redesigned Spot Center, providing local radio and television stations with an improved way to access free public service campaigns from nonprofit organizations. The updated website features a cleaner, more intuitive interface that allows More

Jen Scordo Named Midday Host at WXTU/Philadelphia
Jen Scordo
Jen Scordo
Veteran Philadelphia air talent Jen Scordo is named the new midday host at 92.5 WXTU-FM in Philadelphia. The appointment was announced Friday morning during The Andie Summers Show, with Scordo assuming the role immediately. A familiar voice to WXTU listeners, Scordo had been serving as the Country outlet's More

Brad Elliott Joins 95.1 The Wolf in Abilene
Brad Elliott
Brad Elliott
Veteran personality Brad Elliott has joined Community Broadcast Partners' KABW-FM (95.1 The Wolf) in Abilene, TX. Elliott is well known to Big Country listeners after spending much of his career in the market. He previously worked at crosstown at Townsquare Media Classic Hits KULL (100.7 Kool FM) along with More
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FCC, iHeart Reach Deal on Payola Safeguards
Federal Communications Commission
Federal Communications Commission
The FCC has reached a consent decree with iHeartMedia resolving an investigation into the company's compliance with federal payola rules, establishing new reporting, training and disclosure requirements aimed at protecting artists from improper pressure tied to radio airplay and live event appearances. More

Nielsen: Radio Continues to Lead Weekly Reach
Katz Radio Group
Katz Radio Group
Radio continues to deliver the broadest weekly audience of any measured media platform, reaching 87% of U.S. adults each week despite growing media fragmentation, according to Katz Radio Group's latest Sound Answers report highlighting Nielsen Audience Insights data for the first More

Seattle Sports Renews WSU Broadcast Partnership
KIRO-AM/Seattle
KIRO-AM/Seattle
Washington State University Athletics has entered into a new multi-year partnership with Bonneville Seattle Media Group, restoring 710 KIRO-AM (Seattle Sports) as the Seattle flagship station for Cougar Football and Men's Basketball broadcasts. The agreement expands Washington State's reach throughout More

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