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Connoisseur Sells Watertown Stations to Riverfront


Connoisseur Media
Connoisseur Media

Connoisseur Media has agreed to sell its Watertown, South Dakota radio cluster to Riverfront Broadcasting in a deal expected to close later this summer pending FCC approval. The stations included in the transaction are KLDO-FM, KIXX-FM, KSDR-AM, KSDR-FM and KWAT-AM, all licensed to Watertown, along with KKSD-FM licensed to Milbank, South Dakota.

Connoisseur said the sale is part of its broader strategy to refine its portfolio following the company's acquisition of Alpha Media stations last September.

"The Watertown market was not a market we felt Connoisseur could make a material difference in with the focus and approach we bring to radio," said Jeff Warshaw, founder and CEO of Connoisseur Media. He added that the company sought a local operator capable of continuing community-focused programming in the market.

Carolyn Becker, president of Riverfront Broadcasting, said the company is pleased to bring local ownership back to the stations. "We are very happy to bring local ownership and local focus back to these great stations in the Watertown Market," Becker said.

Kalil & Co. served as exclusive broker for the transaction. Connoisseur Media was represented by Wilkinson Barker Knauer, while Riverfront Broadcasting was represented by Marlow Woodward & Huff.

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