Local Media Closes Purchase of KFMB-AM and -FM

The FCC this week granted the transfer of KFMB-AM 760 kHz and KFMB-FM 100.7 MHz to Local Media San Diego from TEGNA. Local Media paid $5-million for the two stations to complement their Mexico-licensed LMAs XHTZ 90.3, XETRA 91.1, and XHRM 92.5. The stations will all be operated from their Sorrento Mesa studio headquarters. 

Meanwhile, iHeartMedia has begun an LMA to operate KFMB-AM and as of this writing has been simulcasting KOGO-AM on 760 kHz. It’s been reported by various sources that Local Media of San Diego has immediately sold KFMB-AM to iHeartMedia for a yet-to-be-disclosed price. 

There have been talks about KOGO multiplexing its signal on the KFMB towers in Santee, and this would be a logical step in that direction. iHeart can own and operate all three outlets without exceeding FCC limits on local ownership: KOGO 600 kHz, KFMB, and KLSD 1360 kHz. 

The KFMB radio stations will have to change call letters as part of the transfer deals. 

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