Rushmore Media Company

Rushmore Media Company, Inc. is a small radio broadcasting company, which owns and operates four radio stations and one television station in the Black Hills region of western South Dakota. Its parent is Schurz Communications, a radio, television, cable television and newspaper media group.

The main offices and stations' studios are located at 660 Flormann St., Rapid City, South Dakota 57701.

Rushmore Media Company's group consists of:

Schurz Communications announced on September 14, 2015 that it would exit broadcasting and sell its television and radio stations, including the Rushmore Media Company stations, to Gray Television for $442.5 million.[1][2] Gray subsequently announced on October 1 that it would sell the KOTA-TV license to Legacy Broadcasting for $1, a deal that also includes the license for satellite station KHSD-TV and the station's subchannel affiliations with MeTV and This TV;[3][4] a month later, on November 2, Gray announced that HomeSlice Media Group would acquire the Rushmore Media Company radio stations for $2.2 million, reuniting them with KBHB and KKLS, which Schurz had sold to HomeSlice in 2014 as part of its acquisition of KOTA-TV.[5][6][7] Following the completion of these sales, Gray will retain KOTA-TV's ABC affiliation and transfer it to its existing television station in Rapid City, KEVN-TV;[3] it will also retain KOTA-TV satellite stations KDUH-TV and KSGW-TV and convert them to satellites of KNOP-TV in North Platte, Nebraska and KCWY-DT in Casper, Wyoming (both NBC affiliates), respectively.[8]

References

  1. ↑ "Schurz Communications to sell WSBT and other TV, radio stations". South Bend Tribune. September 14, 2015. Retrieved September 14, 2015.
  2. ↑ Kuperberg, Jonathan (September 14, 2015). "Gray Acquiring TV, Radio Stations from Schurz for $442.5 Million". Broadcasting & Cable. Retrieved September 14, 2015.
  3. 1 2 "Gray Television Sells Some, Buys Some". TVNewsCheck. October 1, 2015. Retrieved October 1, 2015.
  4. ↑ "Summary of Interrelated Transactions" (PDF). CDBS Public Access. Federal Communications Commission. October 8, 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. ↑ "Comprehensive Exhibit" (PDF). CDBS Public Access. Federal Communications Commission. October 2015. Retrieved October 24, 2015.


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