Cumulus Unit AR Licensing, LLC's Four Stations File For Debtor-In-Possession Status
November 22, 2011 at 3:55 AM (PT)
As part of the previously-reported bankruptcy filing for four CUMULUS stations, AR LICENSING, LLC has applied for debtor-in-possession status for Top 40 KCHZ (95.7 THE VIBE)/OTTAWA, KS-KANSAS CITY, Urban AC KMJK (MAGIC 107.3)/NORTH KANSAS CITY, MO-KANSAS CITY, Sports KFNC (ESPN 97.5 THE TICKET)/BEAUMONT-HOUSTON, and Triple A KHJK (103.7 FM)/LA PORTE-HOUSTON. AR BROADCASTING HOLDINGS, INC., AR BROADCASTING, LLC, and AR LICENSING, LLC are the entities under CUMULUS ownership filing for Chapter 11, with the next hearing on the bankruptcy scheduled for DECEMBER 29th in U.S. Bankruptcy Court in DELAWARE.
In another filing at the FCC, TIM MARTZ's RADIO POWER INC. has formally applied for a Silent STA for FM translator W284BQ/DETROIT, the translator airing Smooth Jazz as 104.7 THE OASIS that was determined by the Commission to be interfering with CLEAR CHANNEL Rock WIOT/TOLEDO.
And WOLF CREEK BROADCASTING, INC. has closed on the sale of silent WACF/YOUNG HARRIS, GA to MOUNTAIN COMMUNITY RADIO, LLC for $270,000.