Wilks Buys CBS KC, Columbus Clusters
October 11, 2006 at 5:36 AM (PT)
CBS RADIO disposes of its KANSAS CITY and COLUMBUS, OH clusters, selling the stations to WILKS BROADCAST GROUP, LLC for $138 million. WILKS gets Country KFKF (COUNTRY 94.1), Country KBEQ (Q 104), Top 40 KMXV (MIX 93), and AC KCKC (STAR 102.1)/KANSAS CITY and Rock WLVQ (Q FM96), Classic Country WHOK (COUNTRY LEGENDS K95.5), and Rock WAZU/COLUMBUS in the deal.
"We are excited to add these assets to our portfolio and build upon the success we have achieved in our other markets," WILKS CEO JEFF WILKS said in a press release. "KANSAS CITY and COLUMBUS are tremendous markets with dominating stations and employees that have consistently outperformed their competitors in ratings and revenue."