Townsquare Media, the parent company of KSEN and K96fm, announced on Thursday that it will acquire Cherry Creek Media, based on Colorado, for $18.75 million. The all-cash deal is expected to close in the third quarter of 2022, pending regulatory approval.

The deal will add 35 stations in nine cities in five western states to the Townsquare Media family. The new markets and stations include:

Great Falls MT

  • Classic Country 560 KMON
  • Classic Hits “Kool 92.9” KLFM
  • Country “94.5 Max Country” KMON-FM
  • AC “97.9 The River” KVVR
  • CHR “K99” 98.9 KAAK
  • Alternative “107.5 The Peak” KMON-HD2
  • Sports “99.9 Big Sky Sports” KMON-HD3
  • Variety Hits “Big Stack 103.9” KMON-HD4.

Butte MT

  • Country 92.5 KAAR
  • Classic Rock 95.5 KMBR
  • Variety Hits “107.7 Dave-FM” KMTZ
  • Conservative Talk 1370/94.7 KXTL.

Williston ND

  • CHR “Power 95.1” KTHC-FM
  • Country “Dakota Country Z96.1” KYYZ-FM
  • News/Talk 660 KEYZ.

Sierra Vista AZ

  • Country 92.3 KWCD
  • Hot AC “K101” 100.9 KZMK
  • Classic Rock “Thunder 98.1” 1420 KWAN.

Montrose CO

  • Country “94 Kix” KKXK
  • CHR “103.7 The River” KSNN
  • Oldies “KUBC Gold” 580/104.5 KUBC.

St. George/Cedar City UT

  • CHR “B92.1” KXBN
  • Adult Contemporary “Star 98” KREC
  • Variety Hits “101.9/99.1 Dave-FM” KXFF
  • Country “New Country 107.3/94.9” KIYK/KCIN
  • News/Talk 890/92.5 KDXU and 590/ 107.7 KSUB
  • Sports “97.7 ESPN” 1210 KHKR.

Wenatchee WA

  • CHR “96.7/103.9 KW3” KWWW
  • Country “Kissin’ 97.7” KYSN
  • Hot AC “99.5 The Bridge” KQBG
  • Classic Rock “The Quake 102.1” KPQ-FM
  • News/Talk 560/101.7 KPQ
  • Sports “1340 The Hawk” KYSP
  • Conservative Talk “Talk 106.7” 1370 KKWN.

In addition to the new markets being added to the Townsquare Media portfolio, the company is expanding its brand in Missoula, and the Tri-Cities of Washington.

In Missoula, Townsquare already owns:

  • Country 94.9 KYSS
  • Rock “96.3 The Blaze” KBAZ
  • Alternative “Alt 101.5” KAMM
  • CHR “107.5 Zoo-FM” KENR
  • Conservative Talk 930/99.7 KMPT
  • News/Talk 1290/98.3 KGVO
  • News/Talk 1240 KLYQ.

Cherry Creek owns:

  • Country “93.3 Eagle Country” KGGL
  • AC “Max 98.7/96.9” KHKM
  • Classic Rock “Z100” KZOQ
  • CHR “Now 106.7” KXDR
  • “Griz Sports 1450 /92.7” KGRZ.

Under Federal Communications Commission (FCC) rules regarding the number of broadcast licenses a company can control in any given market, Townsquare Media is required to divest itself of several of its new and/or current stations in Missoula  and the Tri-Cities of Washington. It did not disclose which Missoula stations would be sold, but did say the buyers are Anderson Broadcasting of Polson, and nonprofits Legacy Broadcasting and Missoula Community Radio.

In the Tri-Cities of Washington where two stations will be placed in a divestiture trust, Townsquare owns:

  • “97 Rock” 97.1 KXRX
  • CHR “97.5 Kiss-FM” KOLW
  • Hot AC “98.3 The Key” KEYW
  • Country 102.7 KORD
  • News/Talk 870/98.7 KFLD.

 

Cherry Creek owns:

  • Regional Mexican “La Super 92.5” KZHR
  • AC “Mix 105.3” KONA-FM
  • News/Talk 610 KONA
  • the Pacific Northwest AG Network