Press Release ▶ KSE Radio Ventures
October 12, 2015
DENVER, CO — KSE Radio Ventures, LLC, a division of KSE Media Ventures, LLC, announced today its agreement to purchase three Denver radio stations from Wilks Broadcast Group LLC, an affiliate of The Wicks Group of Companies, L.L.C. The Denver stations are KIMN (FM), KXKL (FM), and KWOF (FM). Terms of the transaction were not disclosed.
When these stations became available and were offered to us, we thought they would be a great addition to our media holdings, said Matt Hutchings, President and CEO of KSE Media Ventures. These stations have excellent local management and staff, which we look forward to welcoming to our family. We are excited with this opportunity to continue the success of these stations that Jeff Wilks and his company have built.
We are pleased to announce the sale of our Denver radio stations to KSE Radio Ventures, said Jeff Wilks, Chief Executive Officer of Wilks Broadcasting. We think the Kroenke media group will be a great owner for these assets given their experience in the Denver market.
The transaction is subject to customary conditions, including regulatory and other approvals.
About KSE Radio Ventures, LLC and KSE Media Ventures, LLC
About Wilks Broadcast Group
About The Wicks Group