Union Broadcasting gains a signal in Wichita, KS with the $623,000 purchase of country KKGQ (92.3) from Rocking M Media.
Rocking M Media was forced to sell the station as a result of the outcome of a lawsuit between it and Envision Broadcast Network. Envision Broadcast Network filed the suit in a fight for control of the station after Rocking M Media defaulted on a $1.5 million promissory note that was part of the Sept. 2017 deal that it signed with Envision agreeing to buy KKGQ for $2.5 million.
The deal included a $1.5 million promissory note and an additional $1 million to be paid in the form of advertising time for the Envision Broadcast Academy, which provides services to the blind and visually impaired.
Rocking M Media had the FCC step into the dispute in October 2019 after the company claimed that Envision Broadcast Network locked Rocking M Media out of its Wichita stations, which included the recently purchased KKGQ.
Envision Broadcast Network sued Rocking M Media, claiming the latter didn’t meet an agreed upon payment schedule. The court awarded Envision Broadcast Network $1.2 million plus interest for what it said was a breach of contract by Rocking M Media, according to the Wichita Eagle. The proceeds of the sale of KKGQ to Union Broadcasting will go to Envision, not Rocking M Media under a deal that avoided a court-ordered sale.
Union Broadcasting also owns stations in the Kansas City and Louisville markets. Rocking M Media will still own the silent KIBB (97.1), KWME (92.7) and KVWF (100.5) in the Wichita market once the sale closes.