Chief Bankruptcy Judge Dale Somers has approved Rocking M Media’s request to auction off its remaining ten properties as part of its Chapter 11 bankruptcy reorganization.
The company, owned by Monte and Doris Miller, originally filed for Chapter 11 protection in March 2022 claiming $1,307,696.75 in assets and $22,365,886.40 in liabilities owed between its four holding companies. They would divest twelve stations last fall, but the $1,988,674 in proceeds merely chipped away at the $8.5 million in debts still owned.
An auction will be held via Zoom on February 1, 2024 conducted by Gregory J. Guy of Tideline Partners, LLC with a final sale hearing to follow in court on February 15.
The stations that will be auctioned off are:
- Colby KS – Country “Flyover Country 97.9” KWGB, Hot AC “100.3 The Ride” KRDQ, Classic Country/Farm 790 KXXX
- Dodge City KS – Regional Mexican “La Mexicana” 93.9 KZRD, Classic Hits “Superhits 95.5” KAHE, Classic Country “96.3 The Marshall” KERP and Classic Country/Farm 1370 KGNO
- Goodland KS – Classic Rock “102.5 U-Rock” KKCI and “Fox Sports 730” KLOE
- Liberal KS – Regional Mexican “La Mexicana” 101.5 KSMM
This story first appeared on radioinsight.com