Colorado Media Newsroom
November 16th, 2023, 01:31 PM
From Radio Insight:
https://radioinsight.com/wp-content/images/2021/04/rockingm-200x200.pngChief Bankruptcy Judge Dale Somers has approved Rocking M Media’s request to auction off its remaining ten properties as part of its Chapter 11 bankruptcy reorganization.
The company, owned by Monte and Doris Miller, originally filed for Chapter 11 (https://radioinsight.com/headlines/222126/rocking-m-media-files-for-chapter-11-bankruptcy/) protection in March 2022 claiming $1,307,696.75 in assets and $22,365,886.40 in liabilities owed between its four holding companies. They would divest twelve stations (https://radioinsight.com/headlines/244492/four-operators-to-split-12-stations-auctioned-off-by-rocking-m-media/) last fall, but the $1,988,674 in proceeds merely chipped away at the $8.5 million in debts still owned.
An auction will be held via Zoom on February 1, 2024 conducted by Gregory J. Guy of Tideline Partners, LLC with a final sale hearing to follow in court on February 15.
The stations that will be auctioned off are:
Colby KS – Country “Flyover Country 97.9 (https://www.nwksradio.net/flyover-country-979)” KWGB, Hot AC “100.3 The Ride (https://www.nwksradio.net/theride1003)” KRDQ, Classic Country/Farm 790 KXXX (https://www.nwksradio.net/kxxx790)
Dodge City KS – Regional Mexican “La Mexicana (https://www.swksradio.net/ksmm)” 93.9 KZRD, Classic Hits “Superhits 95.5 (https://www.swksradio.net/kahe)” KAHE, Classic Country “96.3 The Marshall (https://www.swksradio.net/kerp)” KERP and Classic Country/Farm 1370 KGNO (https://www.swksradio.net/kgno)
Goodland KS – Classic Rock “102.5 U-Rock (https://www.nwksradio.net/urock1025)” KKCI and “Fox Sports 730 (https://www.nwksradio.net/kloe)” KLOE
Liberal KS – Regional Mexican “La Mexicana (https://www.swksradio.net/ksmm)” 101.5 KSMM
more (https://radioinsight.com/headlines/261032/bankruptcy-court-approves-rocking-m-media-plan-to-auction-remaining-properties/)
https://radioinsight.com/wp-content/images/2021/04/rockingm-200x200.pngChief Bankruptcy Judge Dale Somers has approved Rocking M Media’s request to auction off its remaining ten properties as part of its Chapter 11 bankruptcy reorganization.
The company, owned by Monte and Doris Miller, originally filed for Chapter 11 (https://radioinsight.com/headlines/222126/rocking-m-media-files-for-chapter-11-bankruptcy/) protection in March 2022 claiming $1,307,696.75 in assets and $22,365,886.40 in liabilities owed between its four holding companies. They would divest twelve stations (https://radioinsight.com/headlines/244492/four-operators-to-split-12-stations-auctioned-off-by-rocking-m-media/) last fall, but the $1,988,674 in proceeds merely chipped away at the $8.5 million in debts still owned.
An auction will be held via Zoom on February 1, 2024 conducted by Gregory J. Guy of Tideline Partners, LLC with a final sale hearing to follow in court on February 15.
The stations that will be auctioned off are:
Colby KS – Country “Flyover Country 97.9 (https://www.nwksradio.net/flyover-country-979)” KWGB, Hot AC “100.3 The Ride (https://www.nwksradio.net/theride1003)” KRDQ, Classic Country/Farm 790 KXXX (https://www.nwksradio.net/kxxx790)
Dodge City KS – Regional Mexican “La Mexicana (https://www.swksradio.net/ksmm)” 93.9 KZRD, Classic Hits “Superhits 95.5 (https://www.swksradio.net/kahe)” KAHE, Classic Country “96.3 The Marshall (https://www.swksradio.net/kerp)” KERP and Classic Country/Farm 1370 KGNO (https://www.swksradio.net/kgno)
Goodland KS – Classic Rock “102.5 U-Rock (https://www.nwksradio.net/urock1025)” KKCI and “Fox Sports 730 (https://www.nwksradio.net/kloe)” KLOE
Liberal KS – Regional Mexican “La Mexicana (https://www.swksradio.net/ksmm)” 101.5 KSMM
more (https://radioinsight.com/headlines/261032/bankruptcy-court-approves-rocking-m-media-plan-to-auction-remaining-properties/)