You will be redirected back to your article in seconds

AMFM getting KOST, KFI in swap with Cox

Agreement still to be approved

Radio powerhouses Cox Radio and AMFM have swapped a number of key stations, giving Cox increased strength in the South and New England, while allowing AMFM to solidify its hold on Los Angeles broadcasting.

Under the deal announced Monday, financial terms of which were not disclosed, AMFM will acquire KOST-FM and talk outlet KFI-AM in Los Angeles in exchange for thirteen smaller stations in Miami, Jacksonville, Atlanta, and Stamford and New Haven, CT.

With KOST and KFI, home of Dr. Laura Schlessinger and Rush Limbaugh, AMFM will own seven L.A.-area radio stations.

Regs must OK

The agreement must still be approved by the boards of directors of both companies, as well as the FCC and other regulatory agencies.

“This agreement represents a unique opportunity for AMFM and Cox to strengthen clusters in markets which they already serve,” said AMFM Vice Chairman James E. de Castro. “The swap … positions AMFM as the leading radio group operator in Los Angeles.”

More Biz

  • Ryan Kavanaugh

    Relativity Media Sale to UltraV Holdings Approved by Bankruptcy Judge

    Radio powerhouses Cox Radio and AMFM have swapped a number of key stations, giving Cox increased strength in the South and New England, while allowing AMFM to solidify its hold on Los Angeles broadcasting. Under the deal announced Monday, financial terms of which were not disclosed, AMFM will acquire KOST-FM and talk outlet KFI-AM in […]

  • Music Streaming Revenue placeholder

    Fraud Has Become the Latest Hurdle for Music Streaming

    Radio powerhouses Cox Radio and AMFM have swapped a number of key stations, giving Cox increased strength in the South and New England, while allowing AMFM to solidify its hold on Los Angeles broadcasting. Under the deal announced Monday, financial terms of which were not disclosed, AMFM will acquire KOST-FM and talk outlet KFI-AM in […]

  • Transformers Bumblebee Superhero Girl

    Hasbro and DC Comics Settle 'Bumblebee' Trademark Dispute

    Radio powerhouses Cox Radio and AMFM have swapped a number of key stations, giving Cox increased strength in the South and New England, while allowing AMFM to solidify its hold on Los Angeles broadcasting. Under the deal announced Monday, financial terms of which were not disclosed, AMFM will acquire KOST-FM and talk outlet KFI-AM in […]

  • Terry Crews

    Terry Crews' Ex-Social Media Manager Claims Actor Defamed Him, Owes Him $1 Million

    Radio powerhouses Cox Radio and AMFM have swapped a number of key stations, giving Cox increased strength in the South and New England, while allowing AMFM to solidify its hold on Los Angeles broadcasting. Under the deal announced Monday, financial terms of which were not disclosed, AMFM will acquire KOST-FM and talk outlet KFI-AM in […]

  • David Nevins, President & CEO of

    Listen: Showtime's David Nevins on How Streaming Has Changed the Game

    Radio powerhouses Cox Radio and AMFM have swapped a number of key stations, giving Cox increased strength in the South and New England, while allowing AMFM to solidify its hold on Los Angeles broadcasting. Under the deal announced Monday, financial terms of which were not disclosed, AMFM will acquire KOST-FM and talk outlet KFI-AM in […]

  • Ajit Pai FCC

    Why a Few Derailments Won't Stop the Media Merger Train

    Radio powerhouses Cox Radio and AMFM have swapped a number of key stations, giving Cox increased strength in the South and New England, while allowing AMFM to solidify its hold on Los Angeles broadcasting. Under the deal announced Monday, financial terms of which were not disclosed, AMFM will acquire KOST-FM and talk outlet KFI-AM in […]

  • Amazon Music Names Andre Stapleton Head

    Amazon Music Names Andre Stapleton Head of U.S. Label Relations

    Radio powerhouses Cox Radio and AMFM have swapped a number of key stations, giving Cox increased strength in the South and New England, while allowing AMFM to solidify its hold on Los Angeles broadcasting. Under the deal announced Monday, financial terms of which were not disclosed, AMFM will acquire KOST-FM and talk outlet KFI-AM in […]

More From Our Brands

Access exclusive content