KMOX overall ratings have been slipping for several years, but the station continues to draw more than 13 percent of the area listeners, between 4 and 6 percentage points higher than the next closest station in St.
Plus, Jacor owns the rights to the Rush Limbaugh program, which airs in St. Louis on KMOX. Executives familiar with the Jacor-CBS contact, confirmed the talks on condition they not be named. Others in the industry questioned whether CBS would let go of such a dominant property, even with radio stations trading for as much as 18 times cash flow. Last year, Emmis Broadcasting Corp. Emmis ended up buying Zimmer Broadcasting's three St.
Broadcasters have been buying, selling and trading radio stations at a frenetic pace since the Telecommunications Act of raised limits on the number of radio stations a broadcast group can own.
The total now is eight stations in a market. Under the old FCC rules, the limit was four. Before , the limit was two. Last name. Thank you for sign up! Log In. Login Sign Up. Welcome Back! Login to your account below. Forgotten Password? Sign Up. Create New Account! Fill the forms below to register. All fields are required. CBS Radio in laid off employees around the country , including some at its St.
For the three months ended Sept. Please Sign In and use this article's on page print button to print this article. Louis Business Journal.
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