KING radio & tv early days

April 1947 – Mrs. Bullitt Heads KEVR Corporation

Transfer of radio station KEVR from Frank P. Thompson to a company to Western Waves, Inc. newly formed corporation headed by Mrs. A. Scott Bullitt, Seattle capitalist, was granted yesterday by the Federal Communications Commission.Sale price was $130,000, the Associated Press reported from Washington, D. C.Details of the sale have not yet been completed and the date when the station will be transferred to the new owner is still indefinite, Mrs. Bullitt said.The new corporation has not yet completely formulated its plans for the station’s operation and possible future expansion, Mrs. Bullitt added.Western Waves, Inc., was formed by a group of Seattle investors and its officers are: Mrs. Bullitt, president; Henry B. Owen, former officer of Price Administration district office here and more recently an army lieutenant colonel, vice president and general manager; Raymond G. Wright, attorney, secretary-treasurer; Mrs. Harriet M. Stimson, treasurer.No changes in personnel are contemplated by the new owners, Mrs. Bullitt said.

May 1949 – KING Purchases TV Facilities From KRSC
Television will change homes in Seattle soon—from KRSC to KING—if the Federal Communications Commission approves. KING yesterday acquired from KRSC the latter’s television and frequency modulation equipment and facilities at a cost of $375,000, it was jointly announced by the two stations. KRSC-AM, however, will continue to operate as a regular commercial station without television and frequency modulation.

Mrs. A. Scott Bullitt, principal owner of King Broadcasting Company.
P. K. Leberman, principal owner of Radio Sales Corporation, the company operating KRSC.

With the acquisition of the television station, KING will have the maximum power allowed by the Federal Communications Commission for a local station—27,000 watts of visual power, 13,500 watts of aural power—on Channel 5.
KING bought the TV and FM physical assets only from KRSC. The sale already had a 50,000-watt AM station.The sale was made subject to the final approval of the federal commission.

July 1949 – SALE APPROVED
WASHINGTON, D. C., July 21. – (AP) The Federal Communications Commission today authorized Radio Sales Corp. to sell stations KRSC-TV and KRSC-FM to KING Broadcasting Company, all at Seattle, for $375,000.The transaction involves transfer of stock held by P. K. Leberman, John E. Ryan Jr. and Robert E. Priebe to the KING company, in which Mrs. Dorothy S. Bullitt has a 72.3 per cent stock interest.

May 1949 – RADIO & TV