From the story –
The next morning, listeners could tune in to two competing Spies. One could be heard over The Spy's radio frequency, playing music and station identifications that The Spy's station manager, Ferris O'Brien, identified as archives from the station's 2002-04 years with Citadel Communications. The other was a live programming feed through www.thespyfm.com.
The station is one of several former Citadel holdings currently owned by Last Bastion Trust LLC, a privately owned trust operating as a clearing house for stations Citadel sold to comply with Federal Communications Commission regulations after the company bought ABC Radio in 2007. O'Brien, an on-air personality at Citadel's version of The Spy in the early 2000s, had been operating this incarnation of the station through a local marketing agreement with Last Bastion Trust pending a final purchase.
According to O'Brien, the purchase fell through when the station did not appraise for Last Bastion Trust's asking price.
"When it comes back at nowhere near that number, it just doesn't make sense," O'Brien said.
O'Brien said he will continue to operate The Spy as an online station, and is not closing the door on future FM broadcasts. He said that the most recent ratings indicated that between 87 percent and 91 percent of the station's listeners were receiving The Spy through Web-based or mobile streams.
As for the on-air station operating at 105.3 FM, O'Brien said it is likely to cause confusion among listeners, and that he feels traumatized by the turn of events.
"It's like my twin brother," O'Brien said of the station. "And it feels like my twin brother stole my bride the night before my wedding."
While it is no secret that I have been critical of The Spy, I loved their support of local independent business and I loved the fact that this was a venture of pure heart and soul, so to see it end—on FM at least—in this way is very disappointing. Hopefully Ferris O’Brien and co. will find a new home on the FM dial and will bring The Spy pumping back out of our car stereos.
I wish The Spy, the real one, the best of luck!
Thanks to Oklahoma Rock Newsblog for the find.