Colorado Media Newsroom
December 31st, 2023, 11:53 AM
From Radio Insight:
https://radioinsight.com/wp-content/images/2023/12/kcrf-200x200.jpgDave and Linda Miller?s Yaquina Bay Communications’ five stations along the Oregon Coast will cease operations following a foreclosure sale (https://radioinsight.com/headlines/247274/coastal-oregon-cluster-faces-foreclosure/) of their studio building and two tower properties.
Yacquina Bay Communications owns News/Talk 1310 KNPT (https://knptam.com) Newport/98.3 K252EQ Depoe Bay and Standards 820 KWDP (https://kwdpam.com) Waldport OR. The related Pacific West Broadcasting owns Country “U92 (https://u92fm.com)” 92.7 KNCU Newport, Talk/Standards 1400 KBCH (https://kbcham.com) Lincoln City and Classic Rock 96.7 KCRF-FM (http://www.kcrffm.com) Lincoln City. All of the stations operate from the studio and office facility in Newport OR. A sixth station owned by the company, 102.7 KYTE Independence OR, lost its license in January after not operating (https://radioinsight.com/headlines/247044/fcc-report-1-8-operating-from-from-former-site-leads-to-kytes-cancellation/) from its licensed facilities for over three years.
YachatsNews.com reports (https://yachatsnews.com/five-radio-stations-end-their-run/) that eight employees were let go as part of the shutdown that follows Oregon Coast Bank bidding $570,005 for the company’s real estate assets of a studio building and two tower sites in a foreclosure auction earlier this month. The bank had gone to court to request a foreclosure after the Millers defaulted on $532,000 in loan payments. The Oregon Department of Revenue and Oregon Employment Department also held liens on the properties as they owe $43,000 in back taxes.
more (https://radioinsight.com/headlines/262694/yaquina-bay-communications-to-shutter-five-stations-in-coastal-oregon-following-foreclosure/)
https://radioinsight.com/wp-content/images/2023/12/kcrf-200x200.jpgDave and Linda Miller?s Yaquina Bay Communications’ five stations along the Oregon Coast will cease operations following a foreclosure sale (https://radioinsight.com/headlines/247274/coastal-oregon-cluster-faces-foreclosure/) of their studio building and two tower properties.
Yacquina Bay Communications owns News/Talk 1310 KNPT (https://knptam.com) Newport/98.3 K252EQ Depoe Bay and Standards 820 KWDP (https://kwdpam.com) Waldport OR. The related Pacific West Broadcasting owns Country “U92 (https://u92fm.com)” 92.7 KNCU Newport, Talk/Standards 1400 KBCH (https://kbcham.com) Lincoln City and Classic Rock 96.7 KCRF-FM (http://www.kcrffm.com) Lincoln City. All of the stations operate from the studio and office facility in Newport OR. A sixth station owned by the company, 102.7 KYTE Independence OR, lost its license in January after not operating (https://radioinsight.com/headlines/247044/fcc-report-1-8-operating-from-from-former-site-leads-to-kytes-cancellation/) from its licensed facilities for over three years.
YachatsNews.com reports (https://yachatsnews.com/five-radio-stations-end-their-run/) that eight employees were let go as part of the shutdown that follows Oregon Coast Bank bidding $570,005 for the company’s real estate assets of a studio building and two tower sites in a foreclosure auction earlier this month. The bank had gone to court to request a foreclosure after the Millers defaulted on $532,000 in loan payments. The Oregon Department of Revenue and Oregon Employment Department also held liens on the properties as they owe $43,000 in back taxes.
more (https://radioinsight.com/headlines/262694/yaquina-bay-communications-to-shutter-five-stations-in-coastal-oregon-following-foreclosure/)