Sacto's KCCL Sold To Results Radio
March 11, 2008 at 3:13 PM (PT)
FIRST BROADCASTING has sold Oldies KCCL (SACRAMENTO'S COOL OLDIES)/SACRAMENTO to RESULTS RADIO. RESULTS will take over under an LMA until the deal closes, expected by early second quarter.
"As FIRST BROADCASTING expands its initiatives in television, new generation wireless transmission, and network deployment software, we will continue to reduce our involvement in station ownership and operations,” said FIRST BROADCASTING CEO GARY LAWRENCE. "We are delighted that long time local broadcaster JACK FRITZ and his partners are acquiring KCCL. JACK is very community focused and an outstanding station operator."
RESULTS CEO JACK FRITZ added, "We are excited about the opportunity to expand into the SACRAMENTO market and help KCCL achieve its potential in that market."