The Pohlad Companies, have announced that it plans to sell its two radio Minnesota stations, KZGO and KQGO.
Effective today, they will transition to an all-music format.
“We have decided to exit the radio business,” said Ben Hawn, Pohlad Companies chief of staff.
“We are deeply grateful to the talented team at Go Radio and proud of their engagement within our community. We also sincerely appreciate the loyal support of our audiences over the years.”
Closing of the anticipated sale is expected in the spring of 2021.
A small number of Go Radio employees will be retained to assist with the business closure.
All employees will be provided with transition support consistent with the Pohlad Companies philosophy.
Founded by Carl R. Pohlad in the 1950s, the business had its start in the banking and soft-drink bottling industries.
Now managed by his three sons Jim, Robert and Bill, with third generation family members actively involved, the organization has four primary business groups.