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Iowa FM Station Sold to GM, Sales Exec

Posted on October 15, 2019 by Jon Ellis

The general manager of KHBT/97.7 (Humboldt) and her husband, who is a senior account executive at the station, are buying it.

An asset purchase agreement filed with the FCC says Kathi and Patrick Kolar’s Open Roads Media LLC will pay Riverfront Broadcasting of Iowa $795,000 for the station. Riverfront had purchased KHBT from NRG Media in 2014 as part of a six-station deal; Riverfront has since sold some of the other stations.

Kathi Kolar is also part of the National Association of Broadcasters’ Broadcast Leadership Training Program, according to a KHBT article. She has worked in the business since 1994.

KHBT carries an Adult Contemporary format as “The Bolt” and competes with Fort Dodge signals, delivering a rimshot signal to that city.

Riverfront and its sister companies retain two stations in Algona, four in southern Minnesota, and eleven in South Dakota.

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