Today October 14, 1964 Danny Kaye & Les Smith bought out Frank Sinatras KXL shares in a reorganization for $700,000. License name changed to: Alexander Broadcasting Co. & Dena Pictures, Inc., a joint venture doing business as Seattle, Portland & Spokane Radio, Inc. Lester M. Smith & wife Virginia L. Smith owned 100% of Alexander Broadcasting Co., with Danny Kaye & wife Sylvia Kaye owning 50% each of Dena Pictures. Danny Kaye owned 80% of Seattle, Portland & Spokane Radio with Les Smith owning 20%. Deal also included KJR Seattle & KNEW (later known as KJRB) Spokane. Pictured are Frank Sinatra & Danny Kaye.
Posted on: Tue, 14 Oct 2014 07:04:06 +0000
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