Close encounter in Santa Fe


Hutton Broadcasting is now in control of KLBU-FM, serving the Santa Fe market. Ted Hutton has been an active acquirer during the year, and when all the dealing is done he’ll have a one-AM, four-FM cluster in the market. According to broker Michael J. Bergner, who handled the KLBU-FM acquisition, the price was 450K. The seller was Blu Media LLC, headed by Robert Brahms.