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KCRR is a radio station serving Waterloo, Cedar Falls, and surrounding cities with a classic rock format. This station broadcasts on FM frequency 97.7 MHz and is under ownership of a divestiture trust for Townsquare Media. Dave Murphy is program director for KCRR and Elwin Huffman serves as morning news host. KCRR carries the nationally syndicated Bob and Tom Show.

On August 30, 2013, a deal was announced in which Townsquare Media would acquire 53 Cumulus stations, including KCRR, for $238 million. The deal is part of Cumulus' acquisition of Dial Global; Townsquare and Dial Global are both controlled by Oaktree Capital Management. The sale to Townsquare was completed on November 14, 2013; KCRR is one of three stations (along with KKHQ-FM and KOEL-FM) that have been placed in a divestiture trust for eventual resale within two years.