KOLM (1520 AM, "1520 The Ticket") is a sports formatted radio station in Rochester, Minnesota, and is owned by Townsquare Media. KOLM derives a portion of its programming from Infinity Sports Network.

On August 30, 2013, a deal was announced in which Townsquare would acquire 53 Cumulus Media stations, including KOLM, for $238 million. The deal is part of Cumulus' acquisition of Dial Global; Townsquare and Dial Global are both controlled by Oaktree Capital Management.[1][2] The sale to Townsquare was completed on November 14, 2013.[3]

References

  1. ^ "Official: Cumulus Buys Dial Global, Spins Some Stations To Townsquare; Peak Stations Sold To Townsquare, Fresno Spun To Cumulus". All Access. August 30, 2013. Retrieved August 30, 2013.
  2. ^ "Cumulus Makes Dial Global And Townsquare Deals Official". RadioInsight. August 30, 2013. Retrieved August 30, 2013.
  3. ^ "Cumulus-Townsquare-Peak Deal Closes". All Access. November 15, 2013. Retrieved November 16, 2013.

External links