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                         Before the
              Federal Communications Commission
                   Washington, D.C. 20554

In the Matter of                  )
                                 )
RADIO & INVESTMENTS, INC.         )   File No. EB-03-IH-0481
                                 )   FRN No. 0006638720
Licensee  of  Stations  KFRA(AM)  )   Facility ID No. 22307 
and                               )   Facility ID No. 22310
KDDK(FM),                         )
Franklin, Louisiana

                            ORDER

Adopted:             January             15,            2005                                                           
Released:  January 18, 2005

By the Chief, Enforcement Bureau:    

     1.   The Enforcement Bureau (the ``Bureau'') has been 
        investigating whether Radio & Investments, Inc. 
        (``RII''), licensee of Stations KFRA(AM) and 
        KDDK(FM) (formerly KFMV(FM)), Franklin, Louisiana, 
        has engaged in an unauthorized transfer of control 
        of the stations and violated various technical 
        requirements, contrary to the Communications Act of 
        1934, as amended, and the Commission's rules.

     2.   By this Order, we adopt the attached Consent 
        Decree entered into between the Bureau and RII, 
        which is incorporated by reference herein.  

     3.        We have reviewed the Consent Decree and 
        evaluated the circumstances underlying the Bureau's 
        investigation.  We believe that the public interest 
        would be served by adopting the Consent Decree and 
        terminating the investigation.   

     4.        ACCORDINGLY, IT IS ORDERED that, pursuant to 
        section 4(i) of the Communications Act of 1934, as 
        amended,1 and sections 0.111 and 0.311 of the 
        Commission's rules,2 the Consent Decree attached 
        hereto IS ADOPTED.  

     5.        IT IS FURTHER ORDERED, that the investigation 
        by the Enforcement Bureau IS TERMINATED.

     6.        IT IS FURTHER ORDERED, that copies of this 
        Order shall be sent by certified mail, return 
        receipt requested to Kenneth R. Noble II, President, 
        Radio & Investments, Inc., 308 
Verdunville Road, Franklin, Louisiana 70538, and to its 
counsel, Aaron Shainis, Esq., Shainis & Peltzman, Chartered, 
1850 M Street, N.W., Suite 240, Washington, DC 20036.


                         
                    
                         FEDERAL COMMUNICATIONS COMMISSION 
                         


                         
                         David H. Solomon 
                         Chief, Enforcement Bureau

                       CONSENT DECREE

I.     Introduction

     1.   This Consent Decree is entered into by the 
Enforcement Bureau of the Federal Communications Commission 
and Radio & Investments, Inc., the licensee of Stations 
KFRA(AM) and KDDK(FM), Franklin, Louisiana.

II.     Definitions

     2.   For the purposes of this Consent Decree, the 
following definitions shall apply:

          a)   ``RII'' refers to Radio & Investments, Inc., 
             a Louisiana corporation, and its successors and 
             assigns to the extent indicated in Paragraph 14 
             below;

          b)    ``Bureau'' means the Enforcement Bureau of 
             the Federal Communications Commission;

          c)   ``Parties'' means the Bureau and RII;

          d)   ``Non-Related Company'' means a company or 
             organization in which Kenneth R. Noble II, K. 
             Ray Noble III or R. Joseph Noble, individually 
             or collectively, is not an officer, director, 
             partner, member, manager or holder (either 
             directly or indirectly) of an ownership 
             interest.

          e)   ``Commission'' or ``FCC'' means the Federal 
             Communications Commission;

          f)   ``Engineer'' means a registered professional 
             engineer who is experienced in broadcasting 
             operations and regulations and who is retained 
             by RII;

          g)   ``RII Stations'' means Station KFRA(AM) 
             (Facility ID No. 22307) and Station KDDK(FM) 
             (formerly KFMV(FM)) (Facility ID No. 22310), 
             both licensed to Franklin, Louisiana;

          h)   ``Licenses'' means all authorizations, 
             permits and licenses issued by the Commission 
             in connection with the operation of the RII 
             Stations;

          i)   ``Act'' means the Communications Act of 1934, 
             as amended, 47 U.S.C. Section 151 et seq.;

          j)   ``Rules'' means the Commission's regulations 
             set forth in Title 47 of the Code of Federal 
             Regulations; 

          k)   ``Order'' means an order of the Bureau 
             adopting this Consent Decree;

          l)   ``Effective Date'' means the date on which 
             the Bureau releases the Order; 

          m)    ``Checklists'' means the FCC's Broadcast 
             Self-Inspection Checklists 
             (http://www.fcc.gov/eb/bc-chklsts/) as of the 
             Effective Date; and 

          n)   ``Violations'' means the violations of the 
             Act and the Rules by RII, as set forth in Table 
             I, attached, which is incorporated herein and 
             forms a part of this Consent Decree.

III.     Background

     3.   On June 21 and 22, 2001, the Bureau's New Orleans 
Field Office attempted an inspection of the RII Stations.  
That effort resulted in the commencement of an investigation 
by the Bureau which revealed various Violations involving 
the RII Stations by RII and its predecessor-in-interest, FM 
Radio, L.C., as described in Table I.3  

     4.   RII has committed to complete the remedial 
measures and other undertakings contemplated by this Consent 
Decree.

IV.     Agreement

     5.   RII and the Bureau agree to be legally bound by 
the terms and conditions of this Consent Decree.  RII and 
the Bureau each represent and warrant that its signatory is 
duly authorized to enter into this Consent Decree on its 
behalf.  RII agrees that the Bureau has jurisdiction over 
the matters contained in this Consent Decree.

     6.   RII hereby admits to having committed the 
Violations.
      
     7.   In express reliance upon the undertakings 
contained herein, the Bureau agrees to terminate its 
investigation into the matters discussed in paragraph 3 
above.  The Bureau agrees that it will not use the 
Violations in any action against RII and/or Kenneth R. Noble 
II, provided that RII satisfies all of its obligations under 
this Consent Decree.  In the event that RII fails to satisfy 
any of its obligations under this Consent Decree, the Bureau 
may take any enforcement action available pursuant to the 
Act and the Rules with respect to the Violations, any 
further violations of the Act or the Rules by RII or Kenneth 
R. Noble II, and/or the violation of this Consent Decree.

     8.   RII will make a voluntary contribution to the 
United States Treasury in the amount of Twenty Thousand 
Dollars ($20,000), payable in installments in accordance 
with the schedule set forth on Table II, attached, which is 
incorporated herein and forms a part of this Consent Decree.  
RII will make each installment of this contribution on a 
timely basis without further protest or recourse, by check 
or similar instrument, payable to the order of the Federal 
Communications Commission.  Each payment must include Acct. 
No. 200532080011 and FRN No. 0006638720.  Any payment by 
check or money order may be mailed to Forfeiture Collection 
Section, Finance Branch, Federal Communications Commission, 
P.O. Box 73482, Chicago, Illinois 60673-7482.  Any payment 
by overnight mail may be sent to Bank One/LB 73482, 525 West 
Monroe, 8th Floor Mailroon, Chicago, Illinois 60661.  Any 
payment by wire transfer may be made to ABA Number 
071000013, receiving bank Bank One, and account number 
1165259.  

     9.   Within ninety (90) days from the Effective Date, 
RII will inspect the RII Stations and certify, in writing 
(supported by a written certification from the Engineer 
participating in the inspection with respect to engineering 
matters), that (a) each Violation has been remedied, and (b) 
each station is in compliance with all Rules and all terms 
and conditions of its Licenses.4  The Checklists will be 
used as a guide for conducting such inspection and making 
such certification.  For each RII Station that RII either 
fails or is unable to certify as having remedied each 
Violation, RII must surrender for cancellation all Licenses 
for that station at the time that such certification is due 
pursuant to Paragraph 11 hereof.  For each RII Station that 
RII either fails or is unable to certify as being in 
compliance with all Rules and all terms and conditions of 
its Licenses, for reasons unrelated to the Violations, RII 
must certify in writing that such station will come into 
compliance in no less than ninety (90) days, and must 
provide a written certification of compliance from RII 
(supported by a written certification of compliance from the 
Engineer with respect to any engineering matters) within 
such period.  For each RII Station that RII either fails or 
is unable to certify as having come into compliance in such 
time period, RII must surrender for cancellation all 
Licenses for that station at the time that such 
certification is due pursuant to Paragraph 11 hereof.  

     10.  On or before January 1, 2006 (but no earlier than 
December 1, 2005), and January 1, 2007 (but no earlier than 
December 1, 2006), RII will inspect the RII Stations and 
certify in writing (supported by a written certification of 
compliance from the Engineer participating in the inspection 
with respect to engineering matters) that each station is in 
compliance with all Rules and all terms and conditions of 
its Licenses.  The Checklists will be used as a guide for 
conducting each inspection and making each certification.  
In the event that one or both of the RII Stations has 
temporarily discontinued operation pursuant to 47 C.F.R.  
73.1740(a)(4), the inspection and certification will be 
delayed until operation is resumed on both stations, 
provided that any delay beyond sixty (60) days will be 
deemed a failure to certify.  The failure by or inability of 
RII to so certify in any instance will result in enforcement 
action by the Bureau against RII, at the Bureau's 
discretion.
      
     11.  All certifications referenced in Paragraphs 9 and 
10 above must be delivered to the Chief of the 
Investigations and Hearings Division of the Bureau within 
fourteen (14) days of the applicable inspection deadline.

     12.  RII will provide the Chief of the Investigations 
and Hearings Division of the Bureau with a copy of any time 
brokerage agreement, joint sales agreement or any agreement 
that contemplates another party providing more than half of 
the programming or commercial advertising on either of the 
RII Stations, within fourteen (14) days of execution of such 
agreement, for a period of five (5) years from the Effective 
Date.  In addition, RII will simultaneously serve on the 
Chief of the Investigations and Hearings Division of the 
Bureau a copy of any agreement that it files with the 
Commission pursuant to section 73.3613(d) of the Rules.  RII 
represents and warrants that no agreement subject to this 
Paragraph 12 is currently in effect. 

     13.  RII agrees that any violation by it of this 
Consent Decree, including but not limited to its failure to 
make any of the payments required by Paragraph 8 hereof, 
will constitute a separate violation of a Commission order 
and subject RII to appropriate administrative sanctions. 

     14.  This Consent Decree will be binding on RII's 
successors and assigns, provided that in the event of an 
assignment of the Licenses to a Non-Related Company, only 
the obligations of Paragraph 8 will be binding on the 
assignee.
          
     15.  RII waives any and all rights it may have to seek 
administrative or judicial reconsideration, review, appeal 
or stay, or to otherwise challenge or contest the validity 
of this Consent Decree and the Order, provided the Order 
adopts the Consent Decree without change, addition or 
modification.

     16.  RII agrees to waive any claims it may otherwise 
have under the Equal Access to Justice Act, 5 U.S.C. Section 
504 and 47 C.F.R. Section 1.1501 et seq., relating to the 
matters discussed in this Consent Decree.

     17.   RII and the Bureau agree that the effectiveness 
of this Consent Decree is expressly contingent upon issuance 
of the Order, provided the Order adopts the Consent Decree 
without change, addition or modification.  

     18.  RII and the Bureau agree that if RII, the 
Commission or the United States on behalf of the Commission, 
brings a judicial action to enforce the terms of the Order 
adopting this Consent Decree, neither RII nor the Commission 
will contest the validity of the Consent Decree or Order, 
and RII and the Commission will waive any statutory right to 
a trial de novo with respect to any matter upon which the 
Order is based (provided in each case that the Order is 
limited to adopting the Consent Decree without change, 
addition, or modification), and will consent to a judgment 
incorporating the terms of this Consent Decree.

     19.  RII and the Bureau agree that, in the event that 
this Consent Decree is rendered invalid by any court of 
competent jurisdiction, it will become null and void and may 
not be used in any manner in any legal proceeding.

     20.  This Consent Decree may be signed in counterparts 
and/or by telecopy and, when so executed, the counterparts, 
taken together, will constitute a legally binding and 
enforceable instrument whether executed by telecopy or by 
original signatures.
      
                         RADIO & INVESTMENTS, INC.

                         By:     ___________________________
                                   Kenneth   R.  Noble   II, 
President
  
                         Date:  ___________________________


                         ENFORCEMENT BUREAU
                         FEDERAL COMMUNICATIONS COMMISSION

                         By:    
     _____________________________
                              David H. Solomon, Chief

                         Date:  ____________________________                           TABLE I

                         VIOLATIONS 


      Violation          Citation          Station(s)
     Unauthorized      47 U.S.C.          KFRA, KDDK
     Transfer of          310(d)
       Control
      Failure to       47 C.F.R.         KFRA, KDDK
   Install/Maintain  11.35, 73.1250, 
    EAS Equipment        73.1300, 
                        73.1350(h)
      Failure to       47 C.F.R.             KDDK
   Register Antenna  17.4(a)(1), (g)
    Structure and 
         Post 
     Registration
      Failure to       47 C.F.R.          KFRA, KDDK
    Maintain/Staff       73.1125
     Main Studio
      Failure to       47 C.F.R.         KFRA, KDDK
   Designate Chief   73.1350(a)-(c), 
       Operator          73.1870
   Excess operating    47 C.F.R.             KDDK
        power           73.1560(b)
      Failure to       47 C.F.R.             KFRA
       conduct        73.1590(a)(6)
      equipment 
     performance 
     measurements
      Failure to       47 C.F.R.         KFRA, KDDK
   maintain station 73.1800, 73.1820, 
         logs            73.1840
      Failure to       47 C.F.R.          KFRA, KDDK
   maintain public       73.3526
    file and make 
     public file 
      available



                          TABLE II

                      PAYMENT SCHEDULE 


       Date             Amount
     January 17,         $5007
2005
     February            $1363
15, 2005
     March 15,           $1363
2005
     April 15,           $1363
2005
        May   16,        $1363
2005
     June 15,            $1363
2005
     July 15,            $1363
2005
     August 15,          $1363
2005
     September           $1363
15, 2005
     October 17,         $1363
2005
     November            $1363
15, 2005
     December            $1363
15, 2005

_________________________

1 47 U.S.C.  154(i).
2
 47 C.F.R.  0.111, 0.311.
3  Both FM Radio, L.C. and RII are controlled by Kenneth R. 
Noble II, the President of RII.  FM Radio, L.C. was the 
licensee of the RII Stations until March 4, 2004, when it 
consummated a pro forma assignment of the licenses of those 
stations to RII.  See FCC File Nos. BAL-20031224AAB and 
BALH-20031224AAA.
4
  The Parties agree that RII will establish its remediation 
of the violation of 47 U.S.C.  310(d) by 
providing the Bureau with an affidavit or declaration from 
RII's President that RII is in sole control of the 
programming, personnel and finances of each RII Station.  
The Parties further agree that a certification of 
remediation and a certification of compliance may be made, 
notwithstanding any non-material violation(s) by RII of 47 
C.F.R.  73.3526.  Any such violation(s) will be deemed non-
material for purposes of this Consent Decree if the public 
inspection file is substantially complete.  The Parties 
further agree that RII will establish its remediation of 47 
C.F.R.  73.1800, 73.1820 and 73.1840 by maintaining 
station logs in accordance with those rules from and after 
the Effective Date.