Minneapolis MN – Adams Radio Group Acquires Stations in Las Cruces, New Mexico. Four stations in Las Cruces, New Mexico are sold, in a deal worth nearly $4 million. Sellers are the co-owned Sunrise Broadcasting and Richardson Commercial Corporation, and the buyer is Ron Stone-led Adams Radio Group.
The stations are “Great Country” KGRT, at 103.9. CHR “Hot 103.1” KHQT, Regional Mexican “La Gran D” KKVS, and talk/sports KSNM at 570. They’re all licensed to Las Cruces except for KKVS – whose city of license has a radio connection. A long-ago network radio show offered a prize to the town that would change its name to the show name of “Truth or Consequences.” And the name stuck.
Broker on the deal – Jim Hoffman.