25-7 to Acquire Cherry Creek Media SE CO Stations
| RADIO ONLINE | Tuesday, February 13, 2018 | 12:36pm CT |
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25-7 Media Inc. has agreed to acquire four Colorado outlets from Denver-based Cherry Creek Media. Terms were not disclosed. Included in the deal are 5kW Country KLMR-AM (920) and 100kW Classic Rock KLMR-FM (93.5)/Lamar and 1kW Oldies KBLJ-AM (1400) and KTHN-FM (92.1 Thunder Country)/La Junta.
Cherry Creek Media CEO Jonathan Brewster said, "We appreciate the great work our teams in Lamar and La Junta have done to serve their communities. With 25-7 Media's local ownership and commitment to southern Colorado, we're confident and pleased this effort will continue."
25-7 Media President/General Manager Aaron Leiker added, "Having grown up in Southeast Colorado, I have listened to these stations my entire life. I am excited to bring local ownership back to these heritage stations in our area. A commitment to serving the communities of Lamar and La Junta, Southeast Colorado, and the Hi-Plains region will be the driving force for 25-7 Media in this new venture."
Cherry Creek Radio is a Colorado-based company headed by Jonathan Brewster. It also owns additional radio stations in Colorado, as well as Washington, Arizona, Montana, North Dakota, and Utah. 25-7 Media is a Colorado-based company headed by Aaron Leiker and has no other broadcast interests. Kalil & Co. brokered the transaction.
