Home Login RADIO ONLINE RSS Facebook
Advertisement

FCC Approves Alpha Media Transfer to Connoisseur Media


Connoisseur Media
Connoisseur Media

The FCC's Audio Division has approved the transfer of control of Alpha Media Licensee LLC from Alpha Media Holdings Inc. to Connoisseur Media Holdco, Inc., granting a waiver of the agency's Local Radio Ownership Rule to allow the deal to proceed without requiring the sale of any stations in the Tyler-Longview, TX market.

The August 13 ruling covers Alpha's five FM stations in the market -- Adult Hits KOOI-FM/Jacksonville, KYKX Longview, Classic Country KKUS-FM/Tyler, Regional Mexican KOYE-FM/Frankston, and Rgional Mexican KTLH-FM/Hallsville -- one more than normally allowed under the FCC's AM/FM subcaps. The Commission said Alpha's current ownership was "grandfathered" but that a transfer of control would typically trigger divestiture under Note 4 of the rule.

Connoisseur Media argued that the overage resulted from a market reclassification by BIA Advisory Services, which added KOYE and its simulcast partner KTLH to the Tyler-Longview market after Alpha had already been operating them. The company noted that KTLH generates no independent revenue and would likely be unprofitable if sold separately. Market data submitted from Borrell Associates and brokerage firm Bergner & Co. projected declining local radio ad revenue, further supporting the waiver request.

The FCC found no evidence that Alpha attempted to circumvent ownership rules and said the transfer would "maintain the pre-transaction status quo" since Connoisseur holds no other stations in the market. It also cited the market's diversity, with 18 other owners, 29 formats, and multiple competitors with similar-sized clusters.

The waiver was granted solely for this transaction, allowing Alpha's five FM stations to remain intact under Connoisseur's control. The Commission dismissed as moot Alpha's alternative application to place KTLH into a divestiture trust.

Advertisement

Latest Radio Stories

Urban One Reports Steep Q2 Loss on Revenue Decline
Urban One
Urban One
Urban One, Inc. posted a sharp second-quarter loss as lower advertising sales and substantial impairment charges weighed on results. For the quarter ended June 30, the Silver Spring, MD-based media company reported net revenue of $91.6 million, down 22% from $117.7 million a year More

Centennial Broadcasting Expands in Fredericksburg VA
WGRQ-FM & WGRX-FM
WGRQ-FM & WGRX-FM
Centennial Broadcasting II, LLC has reached an agreement to acquire Classic Hits WGRQ-FM (95.9) and Country WGRX-FM (104.5) from Telemedia Broadcasting, Inc. and longtime Fredericksburg, VA station owner Carl Hurlebaus. The two stations will join Centennial's existing Fredericksburg cluster, which includes More

BIA Lowers 2025 U.S. Local Advertising Forecast
BIA Advisory Services
BIA Advisory Services
BIA Advisory Services has revised its 2025 U.S. Local Advertising Forecast, projecting total local advertising revenue to reach $169 billion this year -- a 2.4% decline from 2024. The updated estimate is also 1.5% lower than BIA's earlier forecast of $171.4 billion. Excluding political advertising, BIA More
Advertisement

Salem Media Reports Q2 2025 Loss on Lower Revenues
Salem Media Group
Salem Media Group
Salem Media Group posted a net loss of $17.6 million for the second quarter ended June 30, compared to net income of $2.3 million in the same period last year, as lower revenues and a $25.2 million impairment charge on broadcast licenses weighed on results. Total net revenue fell More

Presleigh Bearden Named 2025 Speak Up! Mentee by MIW
Presleigh Bearden
Presleigh Bearden
Mentoring and Inspiring Women in Radio (MIW) has selected Presleigh Bearden, Social Media Manager and air personality for iHeartMedia's Little Rock and Fayetteville, AR markets, as its 2025 "Speak Up!" mentee. The "Speak Up!" program, created in partnership with Media Staffing Network and its late More

New Radio Net Launches Monetization Service for Podcasters
New Radio Net
New Radio Net
New Radio Net (newradionet.com) has debuted as a revenue consulting and monetization resource for podcasters and other audio/video content creators, offering more than 21 monetization methods to help shows maximize earnings. The service works directly with individual shows to build the tools and strategies More

Return to Menu

Advertisement

Subscribe to our Newsletter
Radio news and headlines delivered right to your e-mail box -- and it's free.

Advertisement

Advertisement