Monday, June 26, 2006

Journal Sells Off KBBX

Journal Broadcast Group is selling one of its seven Omaha radio stations.

Spanish-language station KBBX (97.7 FM), also known as "Radio Lobo," will be sold to Connoisseur Media, of Westport, Conn., for an undisclosed price.

Journal had to sell at least one station to comply with federal regulations limiting the number of broadcast outlets a company can own in a given community. (It purchased KMTV (CBS) last December.) Journal has said it plans to sell off at least one more Omaha radio property.

Connoisseur Media currently owns 20 radio stations. Journal Broadcast Group owns and operates 37 radio stations and nine television stations in 12 states and operates two television stations under local marketing agreements.

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