KACI-F Sale Approved By FCC Over Cumulus Objection
September 13, 2007 at 11:37 AM (PT)
The FCC has granted the sale of Oldies KACI-F/THE DALLES, OR from COLUMBIA GORGE BROADCASTERS to BICOASTAL COLUMBIA RIVER, LLC over the objections of CUMULUS.
The objection arose from an attempt to reallocate KACI-F to a new frequency at TUALATIN, OR, which would have changed the frequency of CUMULUS' Rock KNRQ/EUGENE, which also has applied to move to TUALATIN in the PORTLAND market. CUMULUS alleged that provisions in the sale agreement between CGB and PORTLAND BROADCASTERS, assigned to BICOASTAL (and including the resale of the station to PORTLAND BROADCASTERS if the Commission approved the frequency and allocation changes, the rejection of which are under appeal), would create an impermissible reversionary interest in the station for CGB and would leave CGB with some control of the station.