Seattle, WA 5/5/19 – Bustos Media Holdings, LLC celebrated 5o de Mayo with the purchase of KFNY 102.9 FM from the Ocean Stations Trust II LLC. This station was put into Trust by iHeart when it acquired the CBS stations in Seattle.
“The addition of KFNY will strengthen our presence in the Seattle market. We will now have three FMs in this dynamic metropolitan area. I have been negotiating this acquisition for almost two years. For a while it looked very bleak but we stayed the course and finally got the deal done” said Amador Bustos, President and CEO.
“Since KFNY is licensed to Centralia Washington, and it has its transmitter site at Capital Peak, southwest of Olympia, it delivers a wonderful signal from as far south as Longview and all the way to Everette in the north” said Homero Campos Bustos Media Program consultant.
Bustos Media will begin operating the stations once the Federal Communications Commission approves the transaction.
The purchase price was set at $3,000,000 and the deal was brokered by Bill Fanning of Media Venture Partners Capital, LLC (MVP).
This will bring the total number of Bustos Media stations to twenty-four.
For further details write to Felipe Chavez (COO) at: fchavez@bustosmedia.com
