Tuesday, March 25, 2008

Radio One bats out of L.A.

Radio One has sold its struggling Urban AC KRBV-FM to Bonneville for $138 million. The station, once known as Urban/Hip-Hop formatted The Beat (100.3, KKBT) has tumbled in the ratings over the years, flipping to a Urban AC format two years ago. With Bonneville taking over, a format change is all but certain, as Bonneville does not program urban formats.

In Chicago, Bonneville owns Hot AC WTMX-FM, Classic Rock WDRV-FM (The Drive), and whatever-the-heck-format WILV-FM is playing.

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