In 2001, Colorado Public Radio president Max Wycisk and Marconi's Chuck Lontine reached an agreement for CPR to purchase KCFC-AM for $1.2mm. Thus, expanding CPR's News & Information channel into the Boulder market.
Seven years later, CPR relied on Marconi again when it was time to expand even further into the Denver-Boulder market with the $8.2mm purchase of KFDN-FM from The Educational Media Foundation.
Today, CPR listeners can now hear both classical music & CPR's News & Information channel on the new KVOD-FM (88.1 MHz) and KCFR-FM (90.1 MHz).
After over three years of thoughtful negotiation between Marconi Media Ventures & Public Radio Capital, a final deal to add the new FM channel was reached earlier this year and the new stations signed on this summer (2008).
We are very proud to have represented EMF if this transaction and to have a continued positive impact on Denver radio. Special thanks to Max Wycisk, Jenny Gentry & Marc Hand from Colorado Public Radio. And, special thanks to our wonderful client Joe Miller at Educational Media Foundation.
For more information about Colorado Public Radio visit: www.cpr.org
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