Mormon Church buys KTAR
Oct. 5, 2004 12:00 AM
Bonneville International Corp. of Salt Lake City will acquire KTAR, KKLT-FM (98.7) and KMVP-AM (860) from Emmis Communications Corp. in a deal announced Monday.
Bonneville is owned by the Deseret Management Corp., a holding company that manages the for-profit businesses for the Church of Jesus Christ of Latter-day Saints.
On its Web site, the company describes itself as a "values-driven company composed of values-driven people."Bonneville officials said the company will retain all Phoenix employees and plans no format changes.
Will Bonneville have a problem when talk show host David Leibowitz makes fun of Mormon legislators for some of the crazy laws they propose? Will Leibo be history? Stay tuned.