Following the announced divestment of its Bakersfield cluster, Connoisseur Media is has entered into an agreement to sell 15 Missouri radio stations to Carter Media LLC/Carter Media Too LLC, a Carrollton, MO-based broadcaster. The stations include KAAN-AM/FM (Bethany), KWIX-FM (Cairo), KKWK-FM and KMRN-AM (Cameron), KIRK-FM (Macon), KTCM-FM (Madison), KRES-FM and KWIX-AM (Moberly), KJEL-FM and KBNN-AM (Lebanon), and KFBD-FM, KOZQ-FM, KJPW-AM, and KIIK-AM (Waynesville). The transaction is pending FCC approval and is expected to close early next year.
The sale is part of Connoisseur’s strategy to focus on markets where it can execute its growth playbook following its acquisition of Alpha Media stations in September.
“These Missouri markets did not fit into our long-term plans,” said Jeff Warshaw, Connoisseur Media Founder and CEO. “We are pleased to have found a trusted buyer in Miles Carter and his family-oriented company.”
“We have wanted to expand for a while and when the opportunity came, we were eager to talk with Connoisseur,” Carter Media President Miles Carter added. “As we look toward the new markets, our mission remains the same: bring trustworthy local news, agriculture coverage, and community-focused storytelling to areas that need a stronger voice. Expansion isn’t about getting bigger, it’s about serving more people with the kind of reliable, hometown broadcasting Carter Media was built on.”