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KRCS (93.1 FM, "Hot 93.1") is a
radio station Radio broadcasting is the broadcasting of audio (sound), sometimes with related metadata, by radio waves to radio receivers belonging to a public audience. In terrestrial radio broadcasting the radio waves are broadcast by a land-based rad ...
that airs a Top 40 (CHR) format in the
Rapid City Rapid City is the county seat of Pennington County, South Dakota, United States. It is located on the eastern slope of the Black Hills in western South Dakota and was named after Rapid Creek, where the settlement developed. It is the second-mo ...
and the Black Hills area. The station is owned by
HomeSlice Media Group, LLC The HomeSlice Group, is an American media and entertainment conglomerate based in the Black Hills of South Dakota. The HomeSlice Group is the worldwide exclusive licensing agent of the Sturgis Motorcycle Rally and artist management company for C ...
, and is licensed to
Sturgis, South Dakota Sturgis is a city in Meade County, South Dakota, United States. The population was 7,020 as of the 2020 United States Census, 2020 census. It is the county seat of Meade County and is named after Samuel D. Sturgis, a Union Army, Union general dur ...
.


Ownership

In May 1999, Triad Broadcasting reached a deal to acquire this station from Brothers Jim and Tom Instad as part of a twelve-station deal valued at a reported $37.8 million. In July 2006,
Schurz Communications Schurz Communications, Inc. is an American broadband media group and cloud services provider based in South Bend, Indiana. It previously owned newspapers and television stations. History The company was founded in 1872 by Alfred B. Miller and ...
. reached an agreement to buy this station from Triad Broadcasting Co. as part of a six-station deal valued at a reported $19 million. Schurz Communications created the Black Hills broadcast division, New Rushmore Radio, now known as
Rushmore Media Company Schurz Communications, Inc. is an American broadband media group and cloud services provider based in South Bend, Indiana. It previously owned newspapers and television stations. History The company was founded in 1872 by Alfred B. Miller and ...
. Schurz Communications announced on September 14, 2015 that it would exit broadcasting and sell its television and radio stations, including KRCS, to
Gray Television Gray Media, Inc., doing business as Gray Television, is an American publicly traded television broadcasting company based in Atlanta. Founded in 1946 by James Harrison Gray as Gray Communications Systems, the company owns or operates 180 statio ...
for $442.5 million. Though Gray initially intended to keep Schurz' radio stations, on November 2, it announced that
HomeSlice Media Group, LLC The HomeSlice Group, is an American media and entertainment conglomerate based in the Black Hills of South Dakota. The HomeSlice Group is the worldwide exclusive licensing agent of the Sturgis Motorcycle Rally and artist management company for C ...
would acquire KRCS and the other Rushmore Media Company radio stations for $2.2 million; the deal reunites the stations with KBHB and KKLS, which HomeSlice acquired from Schurz in 2014 following its purchase of
KOTA-TV KOTA-TV (channel 3) is a television station in Rapid City, South Dakota, United States, affiliated with American Broadcasting Company, ABC. It is owned by Gray Media alongside MeTV affiliate KHME (channel 23) and low-power broadcasting#Televisi ...
. The sale to HomeSlice Media was consummated on February 15, 2016 at a price of $2.5 million.


References


External links


Hot 93.1 KRCS official website
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RCS RCS may refer to: Organizations Arts and entertainment * Radio Corporation of Singapore * Radcliffe Choral Society, a choral ensemble at Harvard University *RCS MediaGroup (Rizzoli-Corriere della Sera), an Italian publishing group *Royal Conserva ...
Contemporary hit radio stations in the United States Radio stations established in 1990 {{SouthDakota-radio-station-stub