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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 Urges FCC to Modernize Local Ownership Rules
National Association of Broadcasters (NAB)
National Association of Broadcasters (NAB)
The National Association of Broadcasters (NAB) has filed comments with the Federal Communications Commission (FCC) in the agency's 2022 Quadrennial Review, calling for the elimination or relaxation of long-standing local broadcast ownership limits, with particular emphasis on radio deregulation. In its More

Civic Media to Acquire WNOV 860, Milwaukee Courier
Civic Media
Civic Media
Civic Media has agreed to acquire heritage Urban News/Talk WNOV (860/106.5) in Milwaukee along with the weekly Milwaukee Courier newspaper, assuming responsibility for station programming and newspaper publication on January 1. As part of the transition, current WNOV owner Mary More

MIW Sets Management 101 Leadership Webinar Jan. 15
Mentoring and Inspiring Women in Radio (MIW)
Mentoring and Inspiring Women in Radio (MIW)
Mentoring and Inspiring Women in Radio (MIW) has announced an upcoming professional development webinar, Management 101: Becoming an Impactful Leader, scheduled for January 15 at 2pm ET. The one-hour interactive session will bring together senior executives from across the audio and media industry to More
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Study: 76% Buy After Podcast Host Recommendations
Audacy Insights
Audacy Insights
A new study from Audacy Insights highlights the measurable impact audio creators have on consumer purchasing behavior, particularly in podcasting and radio. According to Audacy's Audio Creator Impact Study, 76% of podcast listeners say they have purchased a product or service after hearing a recommendation More

Saga Communications Repurchases 184,215 Shares
Saga Communications
Saga Communications
Saga Communications has completed a privately negotiated stock repurchase, buying back 184,215 shares of its common stock for approximately $2.1 million, or $11.50 per share. The repurchased shares represent about 2.8% of Saga's outstanding common stock, based on 6,556,621 shares More

KUNV Wins Beats Magazine Station of the Year Again
KUNV (91.5) Las Vegas
KUNV (91.5) Las Vegas
Jazz KUNV (91.5) Las Vegas has been named Local Radio Station of the Year by Beats Magazine for 2025, marking the second consecutive year the station has received the honor and making it the first outlet in the award's history to win back-to-back. The recognition also extends a More

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