U. Of Texas Regents Table Vote On KXBT/Austin Deal
July 12, 2012 at 4:14 AM (PT)
The AUSTIN AMERICAN-STATESMAN reports that the vote scheduled for WEDNESDAY by the UNIVERSITY OF TEXAS board of regents on a proposal to buy Classic Hits-Oldies KXBT (AUSTIN'S GREATEST HITS)/AUSTIN from BORDER MEDIA PARTNERS (BMP AUSTIN LICENSE COMPANY, L.P.) for $6 million was tabled to give the board more time to review the deal.
If the sale is consummated, the school would use the new signal, re-dubbed KUTX, to split music and news with noncommercial KUT/AUSTIN, with one signal airing News and Talk programming and the other most likely an eclectic music format tied to the school's CACTUS CAFE live music venue.