The Denver Business Journal reported today that Denver radio station KNRV-AM will drop its Spanish-language local news and sports programming and instead carry a national satellite feed from Radio Formula Satellite Network beginning August 1st.
In a statement, Heberto Villers-Limas, station president and CEO of station owner New Radio Venture Inc., said his painful decision to discontinue local programming had nothing to do with the results of the radio operations, but rather is the result of a conflict between the station and shareholders. He did not elaborate. Another New Radio Venture Spanish station, KNUV-AM In Phoenix, plans to close down at the end of July, The Associated Press reported Tuesday, saying investors decided to pull the plug in the wake of advertising budget cuts. New Radio Venture will be dissolved in coming months, Villers-Limas said, but he hopes to form a new company. On the whole, stations targeting the Latino market have been doing well in Denver. Mexican-regional music station KXPK-FM is No. 3 in the latest Arbitron rankings (behind talk-news outlet KOA-AM and country station KYGO-FM) with a 5.8 share. Three other Latino-themed music stations KJMN-FM (No. 19, 1.4 share), KBNO-AM (No. 21 with a 1.2 share) and KMXA-AM (No. 23, 1.0) have been among the fastest-growing stations in the market, according to Denver Business Journal research. Patrick Griffith, CBT CBNT CRO Westminster CO http://community.webtv.net/AM-DXer/ http://community.webtv.net/N0NNK/ _______________________________________________ IRCA mailing list [email protected] http://montreal.kotalampi.com/mailman/listinfo/irca Opinions expressed in messages on this mailing list are those of the original contributors and do not necessarily reflect the opinion of the IRCA, its editors, publishing staff, or officers For more information: http://www.ircaonline.org To Post a message: [email protected]
