KZIA Inc. to Acquire The Zone 1600AM KCRG

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By Shannon Booth

Story Created: Jul 10, 2006 at 1:53 PM CST

Story Updated: Jul 11, 2006 at 3:37 PM CST

CEDAR RAPIDS - Cedar Rapids Television Company announces the agreement to sell radio station The Zone 1600AM KCRG to KZIA, Inc.

“In today’s environment of consolidation in the radio business, we feel that for the long term success of The Zone, this is best for all involved,” said KCRG Vice President & General Manager John Phelan. “KZIA has led the local radio market for many years, and now they will have a second complementary format to add to their mix”, said Phelan.

KZIA, Inc., President and General Manger Eliot A. Keller said, “We’re very excited about the project. We plan to build on the traditions of the station and bring a fresh approach to its programming. We believe in local radio. It provides unique entertainment to its listeners. It offers a cost-effective way for advertisers to reach the Cedar Rapids area listeners.”

An agreement for the sale was signed Monday (July 10, 2006). The sale is subject to consent by the Federal Communications Commission and is expected to be finalized this fall after consent is received. At that time the stations call letters will be changed.

The Zone 1600 AM is a 5,000 watt radio station serving Cedar Rapids and the surrounding area.

Cedar Rapids Television Company (an Iowa corporation) operates KCRG-TV, the ABC Affiliate in Eastern Iowa. Cedar Rapids Television Company is a wholly-owned subsidiary of The Gazette Company.

KZIA Inc. (an Iowa corporation) operates KZIA Z102.9, a 100,000 watt radio station in Cedar Rapids broadcasting today’s hits at 102.9 mHz to the Cedar Rapids/Iowa City area. KZIA Z102.9 is the first station in Iowa to be broadcasting HD Radio™ (digital radio) and HD Radio™ Multicasting . KZIA Z102.9 is at www.kzia.com on the Internet.

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