History
KSTP has its origins in the Twin Cities radio station WAMD ("Where All Minneapolis Dances"), which started broadcasting live dance music from a local ballroom on February 13, 1925. It was the first radio station to be completely supported by income generated by advertisements. Hubbard Broadcasting now operates four radio stations as well as several television stations.
In 1928, WAMD merged with KFOY (Kind Friends of Yours) radio (first broadcast: March 12, 1924) in St. Paul to become KSTP, which was advertised as being operated by the National Battery Broadcasting Co. Ten years later, in 1938, Hubbard bought the first television camera available from RCA. Following the television blackout brought on by World War II, KSTP started television broadcasts in 1948.
KSTP is still Hubbard's flagship, although there are now three different stations that carry that name. KSTP broadcasts a sports radio format, and KSTP-FM broadcasts adult contemporary music; KSTP-TV is affiliated with ABC.
After the Federal Communications Commission relaxed rules about television station ownership, Hubbard bought a second television station in the Twin Cities. Originally affiliated with the Home Shopping Network when it started operations in 1994, KVBM was bought by Hubbard and became general-entertainment independent station KSTC-TV in 2000. It has been used as an alternate outlet for ABC network programming when KSTP-TV is broadcasting coverage of Viking football games or other special shows, including severe-weather coverage.
Aside from terrestrial broadcast stations, other current ventures include the film network ReelzChannel (launched in 2006), arts network Ovation, and the Hubbard Radio Network, which is used to distribute KSTP's local talk shows to subscribing radio stations in Minnesota and Wisconsin. The cable channels are run through subsidiary company Hubbard Media Group.
In 1981, Hubbard Broadcasting started U.S. Satellite Broadcasting (USSB), and later was instrumental in the development and launching of the first digital satellite system for television in 1994. The new satellite could deliver 175 channels to a (at the time) tiny, 18 inch dish. USSB's development partner, Hughes Electronics (a General Motors subsidiary), launched their own subscription satellite service called DirecTV. The two services did not compete against each other (they carried different channels), and were often marketed together to subscribers by retailers and in advertisements until DirecTV's 1998 acquisition of USSB.
Hubbard Broadcasting also operated a 24 Hour News station titled All News Channel which featured longtime KSTP anchor Stan Turner. The news channel lasted from 1991 until it folded in September 2002.
Hubbard Broadcasting also owned the now-closed Bound to be Read bookstores in St. Paul, Albuquerque, and Key Largo.
As of October 2007, it is engaged in a fevered battle with NABET union repping employees of WNYT in Albany, New York.
On January 19, 2011, it was announced that Hubbard will purchase 17 radio stations in Cincinnati, Chicago, Washington, D.C., and St. Louis from The Church of Jesus Christ of Latter-day Saints subsidiary Bonneville International for $505 million. The sale closed on April 29, 2011.
Read more about this topic: Hubbard Broadcasting
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