It's nice to see Jeff Smulyan and Rick Cummings going private with Emmis. Very savy. Hopefully, others will follow suit so radio can start doing the long term investment in future growth that our digital imperatives demand right now.
One sidebar to that story, as Bonneville buys Emmis' CHR/Rhythmic KKFR (Power 92.3)/Phoenix and decides to drop the station's format in favor of News/Talk, initially simulcasting KTAR-AM.
Washington, now Phoenix. You're going to see a lot more talk programming on FM in 2006, I'd wager.
Meanwhile, R&R reports that Bonneville President/CEO Bruce Reese said the company hopes to move Power 92.3's format to another frequency and operator, thus preserving the longtime Rhythmic station in the marketplace.
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