Radio Station hits the Auction Block

0
353

Media Services Group will conduct an auction for radio station KNRV-AM 1190 and an AM station in Phoenix. The licensee of the stations, New Radio Venture Inc., will enter into an asset- purchase agreement with the highest qualified bidder. Bids will be considered for the stations separately or together. KNRV sold for $5.5 million the last time it changed hand s in August 2006.