In 2003, a media company primarily known for its radio holdings and its leadership by an African-American woman attracted the industry’s attention. Its stations included FMs in Shreveport and Bossier City, La.
Today, this company no longer owns radio stations … and has just shed its last two broadcast holdings, which had been operated by Alpha Media.
As a result, Access.1 Communications and its CEO, Chesley Maddox-Dorsey, is squarely focused on syndicated radio programming through two wholly owned subsidiaries.
In February 2018, Access.1 all but exited media ownership.
As RBR+TVBR reported, Access.1 reached an agreement to sell Atlantic City, N.J.-based low power TV stations WMGM-LP and WMGM-LD to Paul Engle’s Engle Broadcasting for $60,000.
It was believed that this marked the end of broadcast media ownership for Access.1, as it sold its remaining owned-and-operated radio station — Class B WWRL-AM 1600 in New York — to Radio Zindagi owner NJ Broadcasting for $7 million in February 2016.
However, that wasn’t the case.
A March 2013 FCC order requiring the company to divest two stations in Shreveport, La., due to an ownership restructuring precipitated by the December 2010 death of majority owner Sydney L. Small, which put Access.1 above the commission’s subcaps, was never realized.
While these stations, Class A KSYR-FM 92.1 in Benton, La., and Class A KCUL-FM 92.3 in Marshall, Tex., were selected for divestment. Alpha Media was all but set to acquire them. But, its ownership of stations in Tyler-Longview, Tex., and Shreveport, La., when combining the two markets, put Alpha over the limit.
The deal was never consummated, with Alpha instead operating KSYR and KCUL via an LMA with Access.1. It put the Class As into a simulcast, with programming based at KOYE-FM in Frankston, Tex.: Regional Mexican “La Invasora.”
Now, KSYR and KCUL are formally being sold by Access.1.
Alpha Media isn’t the buyer.
In fact, KSYR and KCUL are being sold to different parties.
KSYR is being sold to Coochie Brake Broadcasting for $26,000. Access.1 President Michael Walsh signed off on the Asset Purchase Agreement, filed with the Commission on Wednesday (6/19).
Coochie Brake is led by Manager A.T. Moore.
Moore is the president of broadcast ministry Family Life Educational Foundation, while Coochie Brake is the licensee of noncomms KFLO-FM 89.1 in Blanchard, La., and KKML-FM 90.9 in Minden, La.
As such, KSYR will likely be rebranded and complement KFLO and KKML, which simulcast as “Miracle.”
For KCUL, the new owner will be RCA Broadcasting, led by Scottie Rice.
He’s paying $15,000 for KCUL.
RCA owns two AMs in the Tyler-Longview-Marshall area: Sports KFRO-AM 1370 and KZEY-AM 1410. Each have FM translators.
It is not immediately known what Rice’s plans are for KCUL.
For Access.1, Dorsey and Walsh can now focus on American Urban Radio Networks (AURN) and SupeRadio.