Connoisseur Media Agrees to Sell South Dakota Stations
Connoisseur Media agrees to sell its five South Dakota radio stations to Brookings Radio, LLC, locally owned and operated by Cami Powers, her husband Derrick Powers, and Chad Hogie. Brookings Radio, LLC will acquire KBRK-AM and KBRK-FM licensed to Brookings, KDBX-FM licensed to Clear Lake, and farm news formatted KJJQ-AM and KKQQ
-FM, licensed to Volga. The transaction is pending regulatory approval by the FCC and is expected to close in early summer of this year. Connoisseur Media CEO Jeff Warshaw states, “The Brookings market did not fit into the long-term vision we set out for Connoisseur. As we pursued a potential sale, we looked for local quality operators to purchase these stations and found that the best operators in the market already worked for us! This is not the first time we have encouraged some of our local management to break into ownership so that they could continue to serve the communities we are so committed to. We are incredibly happy that Cami and her group stepped up to the challenge.”
Broadcasting LUV LLC will acquire KLQL-FM and KQAD-AM in Luverne, and Christensen Broadcast Group, Inc. will acquire KJAM-FM and KJAM-AM in Madison. None of the four stations are talk formatted outlets but the move represents Connoisseur Media’s ongoing commitment to “refining its portfolio and strengthening its presence in priority markets. It aligns with the company’s strategic roadmap established after the September acquisition of Alpha Media.”
operations in Mankato, Albert Lea, and Luverne, Minnesota; Watertown and Brookings, South Dakota; and Fort Dodge, Grinnell, Newton and Mason City in Iowa. Northern Iowa Today reports that in Mason City, KGLO sports director Tim Fleming has been let go as has KGLO and KRIB news director Bob Fisher, who comments, “Alpha Media is going a different direction with their radio stations in their smaller markets. A majority of the programming staff, including myself, were terminated this morning as part of that plan. This is not only happening here but throughout the country with their smaller markets.” After making similar drastic cuts in a number of its Missouri markets, Alpha Media struck a deal with UK-based Podcast Radio and will debut “Podcast Radio Missouri” on two stations there in the coming weeks.