BlogaBarbara

Santa Barbara Politics, Media & Culture

Wednesday, January 10, 2007

Clear Channel SB SOLD!

This just in.....
============

FOR IMMEDIATE RELEASE

LOCAL BROADCASTERS PURCHASE CLEAR CHANNEL’S SANTA BARBARA RADIO
STATIONS

January 10, 2007

(Santa Barbara, California) – Rincon Broadcasting LLC today announced that it has signed an agreement to
purchase Santa Barbara County FM Radio Stations KTYD, KSBL, KIST, and KSPE, and AM Radio Stations
KTMS, KIST, and KBKO from Clear Channel Communications, Inc of San Antonio, Texas. One of the AM
Stations is expected by Rincon to be transferred to Santa Barbara Community Broadcasting Company (SBCBC).

On January 16, 2007, under Local Management Agreements with Clear Channel pending FCC approval of the
sale and transfer, Rincon will assume interim conduct of many of the day-to-day operations of the Stations other
than KIST-AM, and SBCBC will assume interim conduct of many of the day-to-day operations of KIST-AM.

Rincon Broadcasting LLC is principally owned by Point Broadcasting Company and by Roy Laughlin. Point is
based in Ventura and is owned by John Hearne and his family, who reside in Malibu. Mr. Hearne and Mr.
Laughlin are veteran California broadcasters, and Mr. Laughlin is married to well known radio personality Ellen
K. Point is the principal owner of Gold Coast Broadcasting LLC, which operates six radio stations serving
Ventura County. Point has additional radio station interests in Fresno County, Kern County, and the Mojave
Desert. Point’s principals are also engaged through its affiliates in other media, and in entertainment,
telecommunications, and the manufacture of environmentally friendly advanced composite materials for
automobiles, office interiors and construction applications.

“This acquisition represents a wonderful opportunity for us to expand into new markets along the Central Coast
of California. We are committed to providing the best in local news, entertainment and public service to Santa
Barbara County, and we are excited to be in a position to serve its wonderful communities,” said Mr. Hearne,
who is President of Point Broadcasting Company. He continued, “On a personal note, I have surfed the Central
Coast for 45 years, and have a great love for Santa Barbara County and its magnificent coastline. Our stations
will be a friendly voice for the ocean and coastal environment.”

“Clear Channel has done a terrific job of building this radio station group and attracting a talented staff of
broadcasters. We look forward to working with the staff to continue to grow the stations and their services for
the people of Santa Barbara County,” added Miles Sexton, Chief Financial Officer and Director of Business
Development for Point Broadcasting Company.

“We are going to do our best to do a great job for Santa Barbara County. This will be fun for us and fun for our
audience” added Lisa Felix, Chief Operating Officer for Point Broadcasting Company.

The Santa Barbara station group includes KTYD 99.9 FM (Rock Music), KSBL 101.7 FM (Adult Contemporary
Music), KSPE 94.5 FM (Regional Spanish Music), KIST FM 107.7 FM (Alternative Rock), KTMS AM 990
(News and Talk), KBKO AM 1490 (Spanish Traditional Music) and KIST AM 1340 (Progressive Talk).

Lists of many of Point’s broadcast stations can be found at www.goldcoastbroadcasting.com and
www.highdesertbroadcasting.com.

20 Comments:

Anonymous David Pritchett said...

So obviously, new local ownership of all these news and information media instead of the distant mega-corporate owners must be good for local integrity and respect for the employees and the community, right?

1/10/2007 3:57 PM  
Anonymous Anonymous said...

If you want respect, get a dog.

1/10/2007 6:43 PM  
Blogger cookie jill said...

I hope that Progressive Radio will prevail.

1/10/2007 10:47 PM  
Anonymous Anonymous said...

Maybe we will get more spanish stations, switch over KTYD to a spanish format and better serve the community.

1/11/2007 7:05 AM  
Anonymous Anonymous said...

In the age of the IPod I didn't realize people still listen to the radio. Wait, I forgot about you stoneagers.

1/11/2007 10:11 AM  
Anonymous Anonymous said...

Progressive Radio? Is that a satellite station?

1/11/2007 1:20 PM  
Anonymous Anonymous said...

Anybody know how many other stations there are in Santa Barbara? Any, or is this a captive monopoly market?

1/13/2007 11:19 AM  
Anonymous Anonymous said...

It's a captive retirement community.

1/13/2007 4:09 PM  
Anonymous Anonymous said...

(( Maybe we will get more spanish stations, switch over KTYD to a spanish format and better serve the community. ))


The change has begun.

KIST (107.7 FM), which was serving up a more up-to-date selection of music than KTYD, is now Spanish.

And as to "better serving", I believe this change now puts the balance heavier on Spanish language & music than English in this area.

1/16/2007 3:30 PM  
Anonymous Anonymous said...

Good, but when can we expect KTYD to switch?

1/17/2007 9:36 AM  
Anonymous Anonymous said...

107.7 (was a very good rock station) is now a spanish radio station. Major bummer. Can you say goodbye local radio hello XM?

1/17/2007 6:38 PM  
Anonymous Anonymous said...

OMG... this is bollox....we dont need any crappy old mexican music stations ...WERE IN AMERICA- LISTEN TO ROCK'N'ROLL... and as for ipods, they suck, get a creative zen vision:M

1/17/2007 8:04 PM  
Anonymous Anonymous said...

Well I see that you scooped the NP on this story!

BlogaBarbara, Where the News Press gets its news...

What do you think?

1/18/2007 6:12 AM  
Anonymous Anonymous said...

Looks like the racists are weighing in.

1/18/2007 9:30 AM  
Anonymous De La Crux said...

How jarring it is to turn to 107.7 expecting to here the usual musical dreck I love so well, only to hear more of the chattering, trumpet-blowing, bee-suit-wearing dreck I hate so well. I just came back from a Mexico visit, covered in dust, and trust me, everything about the place bites - especially where we're from. Even the "authentic" Mexican food sucks. A friend of mine said to me, "You can't get salsa like this is the US." I was blinded with rage at his patronizing gesture to assuage his misplaced guilt, but I had to agree - you can't get salsa like that here, the salsa in the US is way superior to the insipid, E. coli infested salsa of Mexico. One thing Mexico has going for it is garbage - it's literally everywhere. Nowhere in Mexico is too remote to step on a plastic bottle. But, I digress. My point is, I, like millions of others, left that sad, filthy country for something better -way better - but, wherever I go in this country, the degraded, impoverished, superstitious, dirt-farming culture of the old country always seems to catch up with me. Trust me, Gringos and Do-Gooders, representing the "community' is way overrated. Viva la Mexico!!!

1/19/2007 12:33 PM  
Anonymous Anonymous said...

At lease Mexico isn't the cause of Global Warming.

1/19/2007 3:55 PM  
Anonymous Anonymous said...

This comment has been removed by a blog administrator.

1/23/2007 4:11 PM  
Anonymous Anonymous said...

You're right...
China, with a population of over 1 Billion people, is.

1/28/2007 2:42 PM  
Anonymous Anonymous said...

I for one am pretty upset at the program change! I loved listening to that station.! Brad J, PJ and Flashin' Jen were off the hook! I had thought I finally had found a GREAT TRUE Alternative Rock station (and not one of those other ones that claim be Alternative Rock). I feel bad and sad for all those in Santa Barbara, for the Santa Barbarians!

1/28/2007 4:53 PM  
Anonymous Anonymous said...

I totally agree with the other guys on here that want their Brad J and music back. That was the one and only radio station that I ever actually wanted to listen to, and now it's gone, and there is no longer a real rock station on the air in this area. I wish that they could just buy it back and get rid of that same-old mexican music that's on the other 20 stations on the radio and bring back the true music..
I know this is kind of late, but I just recently decided to figure out why exactly my favorite station is now in a foreign language.
Bring back the good stuff!

7/03/2007 3:36 AM  

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