This story was updated on June 24, 2017 to reflect inaccuracies regarding the highest sums paid for an FM translator station. K224CJ’s purchase price is one of the highest-ever paid for a translator outside of a top 10 DMA. A Chicago transaction in July 2014 marked the biggest deal ever for an FM translator. RBR+TVBR regrets the error.
MESA, ARIZ. — In late January 2016, Hubbard Radio brought traditional Oldies tunes back to the FM dial in Phoenix by bringing some FM revitalization to Class D KAZG-AM 1440 in Scottsdale.
This came via an LMA arrangement with the owner of a 250-watt translator on the South Mountain antenna farm.
Now, Hubbard is purchasing this translator for a near record-setting price for a sub-Top 10 market, ensuring that “Oldies 92.7” continues to reach nearly all of the Valley of the Sun.