Unholy radio deal
When Park City's Community Wireless accepted $2.4 million from Salt Lake Valley listeners to sever KCPW-FM from its sibling NPR affiliate in Park City, the final piece of the complicated deal was to sell KCPW's AM band to a California Catholic group, Immaculate Heart Radio. It would have concluded the Greek tragedy of "Blair Feulner: Radio Wunderkind."
That $1.3 million deal appears to have fallen through, leaving Park City's KPCW stuck with a vintage AM band in Salt Lake Valley that was part of former manager Feulner's grandiose scheme to broadcast statewide. Community Wireless spokesman Joe Wrona told the Park City Record that after nine months or negotiations, IHR obviously has no intention of completing the purchase:
That $1.3 million deal appears to have fallen through, leaving Park City's KPCW stuck with a vintage AM band in Salt Lake Valley that was part of former manager Feulner's grandiose scheme to broadcast statewide. Community Wireless spokesman Joe Wrona told the Park City Record that after nine months or negotiations, IHR obviously has no intention of completing the purchase:
The current board of Community Wireless would unanimously agree that the decision by the organization several years ago to purchase the 1010 AM station for several million dollars was a very poor business decision in hindsight.The sad part of this debacle is that now three Utah community radio stations are struggling financially — SLC's KCPW's last pledge drive fell short of expectations, KRCL in Salt Lake radically changed its format in desperate attempt to boost listenership, and, now, Park City's KPCW has an AM albatross dangling from its neck.


1 Comments:
It will be tragic if(when?) 1010 goes away, as they are now broadcasting BBC World News 24-hours a day. I listen every day, at various hours and would miss having such a valuable international newscast at my small-city fingertips.
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