Wednesday, November 6, 2002

Simmons to Sell to Bonneville? Not Likely.

Rumors circling around the internet, speculate that Simmons Media, owner of FM 100, Star 102.7, X96, Arrow 103.5, KJQ, and operates a quarter-dozen AM stations, plan to sell their stations to Bonneville. The rumor however seems unlikely for a few reasons: Mainly, Bonneville can only own one radio station (KSL 1160) and one television station (Channel 5), since they own a newspaper, The Deseret News. Although there has been request by several companies, including Bonneville, to relax those ownership rules, they haven't happen as far as my knowledge goes. Also, it isn't uncommon to hear a "Simmons to sell all stations," rumor. See below. The rumor's creator claims that it was from the industry paper, Radio and Records, however scouring the R&R webpage, I could not find any mention of the rumored sale. Apparently, if to take effect, Bonneville and/or Simmons would make the announcement tomorrow. Please e-mail me if you have any other information, or you can cite the supposed "article."

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