KVEC

KVEC first signed on in 1937{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Annuals/Archive-BC-YB-IDX/40s-OCR-YB/1948-YB/1948-BC-YB-OCR-Page-0086.pdf |title=Directory of Standard Broadcasting Stations of the United States |magazine=1948 Broadcasting/Telecasting Yearbook Number |publisher=Broadcasting Publications Inc. |page=92 |date=1948 |access-date=August 8, 2018 }} on the 1200 kHz frequency. The station originally was owned by Valley Electric Company (hence its call sign), headed by Christina M. Jacobson.{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Annuals/Archive-BC-YB-IDX/30s-OCR-YB/1938-YB/1938-BC-YB-0062.pdf |title=Directory of Broadcasting Stations of the United States |magazine=1938 Broadcasting Yearbook Number |publisher=Broadcasting Publications Inc. |page=60 |date=1938 |access-date=August 8, 2018 }} In March 1941, under the terms of the NARBA Havana Treaty, KVEC was relocated to 1230 kHz.{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Annuals/Archive-BC-YB-IDX/40s-OCR-YB/1942-YB/1942-BC-YB-OCR-Page-0116.pdf |title=Directory of Broadcasting Stations of the United States |magazine=1942 Broadcasting Yearbook Number |publisher=Broadcasting Publications Inc. |page=112 |date=1942 |access-date=August 8, 2018 }} The station changed frequencies once more in 1946 to 920 kHz.{{cite web |url=https://cdbs.recnet.com/corres/?doc=45152 |title=FCC History Cards for KVEC |website=FCC Media Bureau CDBS Public Access |publisher=U.S. Federal Communications Commission |access-date=August 8, 2018 }}

In April 1956, Jacobson sold KVEC and its television sister station KVEC-TV (channel 6) to The Valley Enterprises Company for $450,000. The media company, headed by John C. Cohan, was the owner of KSBW-AM-TV in Salinas, California.{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/56-OCR/1956-04-23-BC-OCR-Page-0092.pdf |title=Cohan Buys KVEC-AM-TV; KITO, KAKC Buys Concluded |magazine=Broadcasting/Telecasting |publisher=Broadcasting Publications Inc. |page=92 |date=April 23, 1956 |access-date=August 8, 2018 }} Cohan took sole ownership of KVEC and its TV counterpart, then known as KSBY-TV, the following year.{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/57-OCR/1957-07-22-BC-OCR-Page-0088.pdf |title=Wrather-Alvarez Buy Of KERO-TV Approved |magazine=Broadcasting/Telecasting |publisher=Broadcasting Publications Inc. |page=88 |date=July 22, 1957 |access-date=August 8, 2018 }} In November 1965, Cohen sold KVEC and its three-year-old FM sister station (now KZOZ) to West Coast Broadcasters Inc., majority owned by James L. Sephier, for $360,000.{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/65-OCR/1965-11-08-BC-OCR-Page-0039.pdf |title=Changing hands |magazine=Broadcasting |publisher=Broadcasting Publications Inc. |page=49 |date=November 8, 1965 |access-date=July 18, 2018 }} On January 6, 1975, West Coast Broadcasters sold KVEC to Century Broadcasting Company for $500,000.{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/75-OCR/1975-01-20-BC-OCR-Page-0067.pdf |title=For the Record |magazine=Broadcasting |publisher=Broadcasting Publications Inc. |page=67 |date=January 20, 1975 |access-date=July 18, 2018 }}

The 1980s and 1990s saw KVEC face a series of financial troubles and ownership changes. In 1985, Five Cities Broadcasting Inc. purchased the station from the Century Broadcasting Company Liquidating Trust for $500,000 and paired it with KPGA (95.3 FM).{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Music/Archive-RandR-IDX/IDX/80s/85/RR-1985-04-12-OCR-Page-0008.pdf |title=Five Cities Buys KVEC, KPGA |magazine=Radio & Records |page=8 |date=April 12, 1985 |access-date=August 8, 2018 }} However, the following year, Five Cities defaulted on a loan, leading to the involuntary transfer of both stations' licenses to U.S. Media Company.{{cite magazine |url=https://www.americanradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/87-OCR/BC-1987-11-23-OCR-Page-0048.pdf |title=California station sale challenged |magazine=Broadcasting |publisher=Broadcasting Publications Inc. |page=48 |date=November 23, 1987 |access-date=August 8, 2018 }} In August 1989, U.S. Media sold news/talk-formatted KVEC to Chorro Communications Inc. for $300,000;{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/89-OCR/BC-1989-08-28-OCR-Page-0055.pdf |title=Changing Hands |magazine=Broadcasting |publisher=Broadcasting Publications Inc. |page=55 |date=August 28, 1989 |access-date=August 8, 2018 }}{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Music/Archive-RandR-IDX/IDX/80s/89/RR-1989-08-25-OCR-Page-0010.pdf |title=Cole Rolls Into Springfield, MO; Pays $5.25 Million For KWTO-AM & FM |magazine=Radio & Records |page=10 |date=August 25, 1989 |access-date=August 8, 2018 }} KPGA was divested separately a month later. In September 1991, Richard Mason sold his 70% stake in Chorro Communications to partner Francis Sheahan for $353,900, granting the latter full control of KVEC. Portions of the proceeds were used to settle a debt owed to Mason and to pay taxes owed to the Internal Revenue Service.{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Music/Archive-RandR-IDX/IDX/90s/91/RR-1991-09-27-OCR-Page-0009.pdf |title=Dugger Deals $2 Million For Jacksonville Combo |magazine=Radio & Records |page=8 |date=September 27, 1991 |access-date=August 9, 2018 }}

In November 2000, Clear Channel Communications purchased KVEC from Chorro for $950,000 as part of a nationwide station buying spree.{{cite magazine |url=https://www.worldradiohistory.com/hd2/IDX-Business/Music/Archive-RandR-IDX/IDX/00s/00/RR-2000-11-10-OCR-Page-0008.pdf |title=SBS Grabs Foursquare Gospel's L.A. Gem |magazine=Radio & Records |page=6 |date=November 10, 2000 |access-date=August 9, 2018 }} In July 2007, the station was among 16 Clear Channel outlets in California and Arizona that were sold to El Dorado Broadcasters for $40 million.{{cite news |url=https://www.allaccess.com/net-news/archive/story/27344/price-for-16-az-ca-clear-channel-stations-40-milli |title=Price For 16 AZ, CA Clear Channel Stations: $40 Million |work=All Access |publisher=All Access Music Group |date=July 11, 2007 |access-date=May 3, 2018 }} In early 2016, El Dorado began selling off its Central Coast stations. These divestitures included KVEC, sold to Bakersfield, California-based American General Media for $450,000 that May.{{cite news |url=https://radioinsight.com/headlines/106259/station-sales-week-of-513/ |last=Venta |first=Lance |title=Station Sales Week Of 5/13 |website=RadioInsight |publisher=RadioBB Networks |date=May 13, 2016 |access-date=August 9, 2018 }}

{{Reflist}}

• {{official website |https://www.920kvec.com/ }}
• {{AM station data|10870|KVEC}}
• {{FCC-LMS-Facility|138838|K243CL}}
• {{FXL|K243CL}}

{{San Luis Obispo Radio}}

{{News/Talk Radio Stations in California}}

VEC

Category:Mass media in San Luis Obispo County, California

Category:Radio stations established in 1937

Category:1937 establishments in California

Category:News and talk radio stations in the United States