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From Times Staff and Wire Reports

KGIL-AM Sold to Owner of KKGO-FM: San Fernando Valley-based radio station KGIL-AM (1260) has been sold to Saul Levine, owner of classical music station KKGO-FM, for just under the asking price of $5 million, KGIL General Manager Tom Mosher said. KGIL’s news-talk format will likely switch to a “nostalgia” music format after the first of the year, Mosher said. That format was recently abandoned by KMPC-AM, which changed to an all-sports format, leaving listeners with nowhere to turn if they wanted to hear standards and popular tunes of the ‘40s, ‘50s and ‘60s.

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