Rich Broadcasting Buys Two More In Idaho
February 15, 2011 at 12:02 PM (PT)
RICHARD MECHAM's RICH BROADCASTING, which recently announced the acquisition of the TOWNSQUARE MEDIA cluster of six stations in IDAHO FALLS and POCATELLO, has purchased Country KCHQ (Q102)/DRIGGS, ID and the construction permit for KRID/UCON, ID from TED W. AUSTIN, JR. for $950,000. TED and CONNIE AUSTIN and the stations' staff will join RICH BROADCASTING, with TED AUSTIN calling the deal a "win-win for all parties."
MECHAM said, "We are buying great stations in the market that will now have the best coverage in southeastern IDAHO."
GREG MERRILL and JODY MCCOY of MEDIA SERVICES GROUP served as brokers for the deal.