Denver company set to buy KSPN
February 11, 2004
A Denver-based broadcasting company is buying local radio station KSPN, sources from the radio station confirmed yesterday.
Eight months ago, Salisbury Broadcasting, which owns KSPN, began negotiating the station’s sale with NRC, a broadcasting corporation in Denver. The company is awaiting FCC approval, but the sale is expected to be finalized in the coming week.
NRC recently moved to expand it’s operations from the Front Range into mountain communities. In October, the cooperation spent $8 million dollars to purchase 9 resort radio stations in Vail, Breckenridge, and Steamboat Springs, according to a report in the Denver Business Journal.
KSPN, which has been broadcasting for 34 years, is known for its strong local programming. The station broadcasts music and news throughout the valley.
Colleen Barill, general manager at Salisbury Broadcasting, said the sale will not change the station’s local emphasis.
“As far as I know, there won’t be much difference in programming,” she said. “The biggest difference will be in signal upgrades, which should lead to clearer reception all the way from Aspen to Glenwood.”
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Barill added that becoming a sister station to NRC stations will lead to better regional news coverage. NRC runs several news stations out of Denver, including KNRC, a popular AM talk-radio station reputed to be the home of “Colorado’s underground voice.”
Barill said the current KSPN staff will be maintained under NRC.
“It’s business as usual for us,” she said. “But as far as I know the sale will likely go through.”