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KXLY Radio, TV Stations Sold (The Spokesman-Review)

December 1, 1953

Northern Pacific Companies Buy Craney, Crosby Property

The Spokesman-Review

Spokane’s pioneer radio station, KXLY, and its television adjunct, KXLY-TV, have been sold, it was announced yesterday.

Ed Craney, president of Symons Broadcasting, Inc., said the stations have been sold to Northern Pacific Radio Corporation and Northern Pacific Television Corporation for $1,723,000.

The sale is subject to approval of the Federal Communications Commission. Papers were filed with the FCC yesterday and approval is expected within 30 to 60 days. Craney and Bing Crosby are the principal owners of the station.

The new owners are Joseph Harris and Norman Eisenstein, New York business men, and Richard E. Jones, who moved here from Detroit last June. Harris is in the motion picture and television picture distributing business. Eisenstein is in the real estate business.

Jones to Be Manager

Craney said that following approval of the sale, Jones will manage the Spokane stations. Until recently, he was general manager of television station WABD in New York. He is a former vice president of Storer Broadcasting Company, which has TV and radio stations in the east and south.

Craney said he plans to devote more time to his other “XL” stations—radio stations in Portland, Butte, Helena, Bozeman and Great Falls, and a television station in Butte.

KXLY radio station first went on the air in 1922 as KFPY. Its call letters were changed to KXLY in January 1947. The 5000-watt station has been the Columbia Broadcasting System outlet here.

Tuesday, December 1, 1953

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From → KXLY

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