Dallas City Council committee discussed the future of station; public meeting set for May 23.
WRR is valued at about $13.5 million and the city could use $5.6 million from a possible sale to pay off station debt. If the station were sold, there is no guarantee that the station would remain classical.
“It’s a commercial station. Anyone can bid on it,” Leone said. “There are people out there with pretty deep pockets and no way to place a restriction on [the format of the station]. My expectation is that if the city sold the station, there would be no classical radio in Dallas.” “This was great news to hear that KERA was the successful bidder for the station,” said council member Paul Ridley, who represents District 14.
Under the potential management deal with KERA, North Texas’ public broadcasting group would sign a seven-year contract, with two chances for eight-year renewals. These time frames are tied to FCC license renewal requirements, and would allow the city to review WRR’s situation.but hasn’t done so since 2020. The council would revoke the mandate if it approves KERA’s proposal.
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