KRCS

KRCS
City Sturgis, South Dakota
Broadcast area Rapid City, South Dakota
Branding Hot 93.1
Slogan Today's Hottest Music
Frequency 93.1 MHz
Translator(s) 97.5 K248BT (Rapid City)
98.3 K252DN (Spearfish)
103.9 K280AJ (Hill City)
First air date 1990
Format Top 40 (CHR)
ERP 97,800 watts
HAAT 323 meters
Class C1
Facility ID 9668
Owner HomeSlice Media Group, LLC
Sister stations KBHB, KFXS, KKLS, KKMK, KOUT
Webcast Listen Live
Website hot931.com.

KRCS (93.1 FM, "Hot 93.1") is a radio station that airs a Top 40 (CHR) format in the Rapid City and the Black Hills area. The station is owned by HomeSlice Media Group, LLC, and is licensed to Sturgis, South Dakota.

Ownership

In May 1999, Triad Broadcasting reached a deal to acquire this station from Brothers Jim and Tom Instad as part of a twelve-station deal valued at a reported $37.8 million.[1]

In July 2006, Schurz Communications. reached an agreement to buy this station from Triad Broadcasting Co. as part of a six-station deal valued at a reported $19 million.[2] Schurz Communications created the Black Hills broadcast division, New Rushmore Radio, now known as Rushmore Media Company.

Schurz Communications announced on September 14, 2015 that it would exit broadcasting and sell its television and radio stations, including KRCS, to Gray Television for $442.5 million.[3][4] Though Gray initially intended to keep Schurz' radio stations, on November 2, it announced that HomeSlice Media Group, LLC would acquire KRCS and the other Rushmore Media Company radio stations for $2.2 million; the deal reunites the stations with KBHB and KKLS, which HomeSlice acquired from Schurz in 2014 following its purchase of KOTA-TV.[5][6][7][8] The sale to HomeSlice Media was consummated on February 15, 2016 at a price of $2.5 million.

References

  1. ↑ Holmes, Alisa (1999-05-24). "Changing Hands". Broadcasting & Cable.
  2. ↑ "Deals". Broadcasting & Cable. 2006-07-24.
  3. ↑ "Schurz Communications to sell WSBT and other TV, radio stations". South Bend Tribune. September 14, 2015. Retrieved September 14, 2015.
  4. ↑ Kuperberg, Jonathan (September 14, 2015). "Gray Acquiring TV, Radio Stations from Schurz for $442.5 Million". Broadcasting & Cable. Retrieved September 14, 2015.
  5. ↑ "Gray Sells Radio Stations From Schurz Deal". TVNewsCheck. November 2, 2015. Retrieved November 2, 2015.
  6. ↑ Venta, Lance (November 2, 2015). "Gray Television Divests Schurz Clusters To Three Buyers". RadioInsight. Retrieved November 2, 2015.
  7. ↑ "HomeSlice Group purchases four Rapid City radio stations". Meade County Times-Tribune. November 2, 2015. Retrieved November 2, 2015.
  8. ↑ "HomeSlice Media Group purchases four Rapid City radio stations". Rapid City Journal. Retrieved 2015-11-05.

External links

Coordinates: 44°19′59″N 103°32′20″W / 44.333°N 103.539°W / 44.333; -103.539


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