Triad Broadcasting

Triad Broadcasting Company, LLC operated as a United States owner of radio stations, concentrating on small and medium-sized markets. Its headquarters were in Monterey, California. The available historical record characterizes Triad primarily through its station portfolio and ownership transactions rather than through a widely marketed consumer identity. The company therefore functioned principally as a broadcasting operator and asset owner: its commercial activities were tied to local radio facilities, programming, and advertising markets. The source material does not identify Triad's founding date, original founders, initial station acquisition, or early corporate development. It also does not provide a complete list of the company's stations or describe the formats used by those stations. What is documented is the company's major portfolio restructuring at the end of 2012. In late November of that year, Triad announced the sale of 32 radio stations in five markets to L&L Broadcasting, LLC. The proposed transaction involved most of the portfolio described in the available account and signaled a substantial withdrawal from station ownership. The transfer process continued into 2013. In January, Triad filed to transfer 30 stations to L&L. Two stations in Tazewell, Virginia—100.1 WKQY and 1470 WTZE—were not included in the transfer at L&L's request. The reported alternatives for those properties were shutdown or sale to another buyer. In May 2013, both Virginia stations were sold to Calvary Chapel of Twin Falls, Inc. This separate transaction resolved the disposition of the two stations left outside the L&L deal. The station sales are the last clearly documented events in the supplied reference material. They demonstrate a shift from operating a multi-market radio portfolio to disposing of the identified broadcast assets. However, the sources do not explicitly state that Triad Broadcasting Company, LLC dissolved, entered bankruptcy, or ceased all corporate activity after the sales. For that reason, the company's present status cannot be confirmed from the available material. No dependable information is supplied about later ownership, management, finances, additional acquisitions, or continuing operations.

• 2013

  Applications filed for transfer of 30 stations

  [1]Triad Broadcastingen.wikipedia.org

  Triad filed to transfer 30 stations to L&L Broadcasting, while two Tazewell, Virginia, stations were excluded from the proposed transaction.

• 2013

  Tazewell stations sold separately

  [1]Triad Broadcastingen.wikipedia.org

  The stations 100.1 WKQY and 1470 WTZE were sold to Calvary Chapel of Twin Falls in May.

• 2012

  Sale of 32 radio stations announced

  [1]Triad Broadcastingen.wikipedia.org

  Triad announced the sale of 32 stations in five United States markets to L&L Broadcasting.

A regional radio-station ownership and operating company focused on local broadcasting assets in small and medium-sized United States markets.

• Radio broadcasting

  Local radio stations

  Triad's core assets were radio stations operating in small and medium-sized United States markets. These stations provided locally distributed audio programming and commercial advertising opportunities. The available sources do not specify the full station roster, formats, audience positioning, or individual program brands.

• Radio station

  100.1 WKQY

  A Triad-associated radio station in Tazewell, Virginia, identified in connection with the 2012–2013 portfolio sale. It was not transferred to L&L Broadcasting and was instead sold separately to Calvary Chapel of Twin Falls in May 2013.

• Radio station

  1470 WTZE

  A Tazewell, Virginia, radio station associated with Triad and excluded from the proposed L&L Broadcasting transfer. It was sold with 100.1 WKQY to Calvary Chapel of Twin Falls in May 2013.

• 2013

  Separate sale of two Virginia stationsM&A

  Background

  L&L Broadcasting requested that 100.1 WKQY and 1470 WTZE in Tazewell, Virginia, be left outside the larger station transfer.

  Action taken

  Triad sold both stations to Calvary Chapel of Twin Falls in May 2013.

  Aftermath

  The sale provided a separate disposition for the two Virginia properties rather than transferring them to L&L or shutting them down.

  Source

• 2012

  Divestiture of 32 radio stationsM&A

  Background

  Triad owned radio stations across five small and medium-sized United States markets and announced a transaction covering 32 of those stations.

  Action taken

  Triad agreed to sell the station group to L&L Broadcasting and subsequently pursued the regulatory transfer of 30 stations.

  Aftermath

  The proposed transfer excluded two Tazewell, Virginia, stations, which were later sold separately to Calvary Chapel of Twin Falls.

  Source

1. 1Triad Broadcastingen.wikipedia.org