Kelowna radio station to sign off for good

| March 31, 2020 in Business

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Lovers of those soft familiar favourites will have to find them somewhere else.

The radio station you can find at the Castanet building on Lawrence Avenue and at 103.9 on your dial, will soon go silent.

KelownaNow has confirmed with an employee that the radio station is bankrupt. Another, Kevin Rothwell, has posted about it on Facebook.

KelownaNow has reached out to the owner of the radio station, Nick Frost for additional confirmation and more details.

Frost sold Castanet to Glacier Media last year for $22 million. Glacier paid an additional $2 million for shares in the radio station which first went on the air in November of 2017. 

In a story posted on Castanet, the news outlet reports that the crowded radio market, the past real estate downturn and now the coronavirus all played a role in the fortunes of the station.

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