Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Newsjock

(11,733 posts)
Thu Jan 12, 2012, 12:25 AM Jan 2012

Owner of Fresno hate-talk KMJ radio files bankruptcy

http://www.fresnobee.com/2012/01/11/2679486/peak-broadcasting-kmjs-owner-files.html

Peak Broadcasting, owner of KMJ (AM 580) radio in Fresno, has filed for Chapter 11 bankruptcy protection.

Company officials blame a slumping economy and declining advertising revenue as the reasons for striking a deal with creditors. They say, however, that there will be no disruption in their operations.

The company that operates 10 radio stations in Fresno and Boise lists liabilities of between $50 million and $100 million.

... The filing is expected to reduce Peak's total secured debt of $93 million by 60%, said company spokeswomen Rivian Bell.
4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Owner of Fresno hate-talk KMJ radio files bankruptcy (Original Post) Newsjock Jan 2012 OP
lolz! How delicious! JNelson6563 Jan 2012 #1
580 has an excellent signal itsrobert Jan 2012 #2
THANK YOU GOD!!!! annm4peace Jan 2012 #3
I'll Thank the Free Market this time Tsiyu Jan 2012 #4

itsrobert

(14,157 posts)
2. 580 has an excellent signal
Thu Jan 12, 2012, 12:48 AM
Jan 2012

It would be awesome if some group bought them out and put on some progressive voices.

annm4peace

(6,119 posts)
3. THANK YOU GOD!!!!
Thu Jan 12, 2012, 12:52 AM
Jan 2012

30 freaking years of HATE RADIO. hate women, hate people of color, hate liberals, hate peace activists, and the list goes on.

I grew up in Fresno and saw this hate radio station influence the people in the central valley.

they are the only talk radio station and drove Fresno into the gutter.

this bankruptcy probably just means they can reorganize. but I wish it would take them out and some small investor group comes in and starts a progressive talk radio station. ... I can dream can't i ?



Tsiyu

(18,186 posts)
4. I'll Thank the Free Market this time
Thu Jan 12, 2012, 05:17 AM
Jan 2012


I was just thinking that the fact limpballs and Blechh are millionaires - with a taxpayer-owned platform to spew their hatred, lies and bigotry - is proof there is no sane "god." If God really exists or cares about us, he or she'd strike those cretins mute. Or inspire them to duct tape their own mouths shut.

But I respect your right to credit whom you choose

People are tired of the hate, and ratings have been tanking for the crap radio forced on us on the airwaves WE own. Can't sell ads when no one is listening anymore! May all hate radio bleed money and die...










Latest Discussions»General Discussion»Owner of Fresno hate-talk...