Simmons Media Is Not Leaving Radio

After yesterday's big selloff by Simmons Media, to Bonneville Communications, it appeared as though Simmons was "exiting the radio business." Not so fast, says R&R Online today. Simmons Media president Craig Hanson says that although his company's big sell-offs yesterday to Bonneville, and recent sale of many stations to HBC (Hispanic Broadcasting Company), it "does not mean that we are selling ALL of our stations." Simmons group, according to the R&R article, was so bold to say that Simmons "will continue to own eight radio stations in Utah." Also, bit bit of insite into KPKK, Hanson expects that KPKK will "sign on in early 2002." It also says that "Simmons is purchasing Ogden, UT-based Oldies KSOS-AM and . . .KXOL." How much do you want to bet that they'll pick up some Marathon stations as well?