Over the past few days, Tom Taylor has been reporting recurring rumors that Bonneville Broadcasting (which is owned by the Mormon Church) may be in discussions to acquire the former ABC radio stations from Citadel. Citadel has been in financial limbo for about 6 months now, having failed to keep its obligations on its credit lines. Their stock was delisted and is close to worthless.
For those of us over 50, the list of radio stations that were part of ABC radio is a who’s who of major market AM radio:
- WABC/WPLJ-FM – New York
- KABC/KLOS-FM – Los Angeles
- WLS AM/FM – Chicago
- KGO / KSFO – San Francisco
- WBAP / Baltimore
- WMAL / Washington DC
- WJR / Detroit
Curiously, not a single former ABC Radio O&O station carries the show of Glenn Beck. I have to believe there is a reason for that.
Despite the pressing urgency to organize effective opposition to the looting of the country’s treasury, the Republican Party is showing no signs of competency and some leaders appear to just want to be sure they get their share of the loot.
The “family oriented” Conservative message of the Mormon Church probably has never had a more receptive audience among the American public than right now. Owning these stations would give them a very big platform on which to influence public opinion.