Simmons Sells Albequerque Stations

Rumors came true, as Simmons Media (owner of FM100, X96, KJQ, Star 102.7, the Zone, and Arrow 103.5) sold their Albequerque assets to HBC, Hispanic Broadcasting Company - a company partially owned and operated by Clear Channel. It doesn't seem likely that Simmons will sell Salt Lake City, in the near future anyway, since Salt Lake seems to be very profitable for them, and Albequerque was rumored to lose money from the beginning.