He owns the Avalanche. He owns the Nuggets (kind of), he owns the LA St Louis Rams, he owns Altitude Sports and Entertainment and now, if speculation holds true, “Silent” Stan Kroenke will soon own 104.3 the Fan.
The station became for sale when Entercom, who bought out Lincoln Financial Media, was forced by the FCC to divest one of it’s FM signals in the Denver market. Entercom chose to divest the Fan presumably due to its overhead – which is naturally higher than that of a voice-tracked music station.
104.3 FM is anybody’s to purchase and, if the purchaser were to decide to, the format of the station could easily be changed. Denver sports radio listeners might lose their favorite station. But if Kroenke Sports buys the station it will clearly remain a sports signal and continue to be the radio carrier of Avs and Nuggets games. The company is the ideal buyer for the Fan. So hopefully the rumors that KSE is the buyer are true.
According to Mark Knudson’s blog, Kroenke Sports will pay $12M for the Fan and take over operations sometime in the next sixty days. This is fantastic news.