Bonneville Pays $141 Million For Entercom 8


It’s been a foregone conclusion that Bonneville International Corp. would be acquiring the eight radio stations it is already operating via a Local Marketing Agreement with Entercom Communications in two Northern California markets.

Entercom pulled the trigger on the sale of the eight stations​ in these cities late Friday (8/3).​

The price Bonneville is paying is $141 million.

The stations have been held in an FCC disposition Trust and have been operated by Bonneville since the closing of Entercom’s absorption of CBS Radio.

The stations Bonneville is officially acquiring are:

San Francisco KMVQ-FM Top 40
San Francisco KBLX-FM Urban Adult Contemporary
San Francisco KOIT-FM Adult Contemporary
San Francisco KUFX-FM Classic Rock
Sacramento KHTK-AM Sports
Sacramento KNCI-FM Country
Sacramento KYMX-FM Adult Contemporary
Sacramento KZZO-FM Hot Adult Contemporary


The transaction is expected to close in late Q3 or early Q4 2018.

The deal completes the dispositions required by the U.S. Department of Justice in connection with Entercom’s Reverse Morris Trust-fueled merger with CBS Radio.