EMF Starts 2017 With Another FM Buy

By on Jan, 5 2017 with Comments 0

Listeners to a Class C3 FM in the Palmetto State will soon be hearing Chris Tomlin and Christian pop music instead of John Tesh, Oldies with Mike Harvey, and the “beach music” familiar to longtime locals.

That’s because Educational Media Foundation has made its first acquisition of 2017, and it involves a station set to switch off the “Lite Rock” and gain a little “KLove.”

In other TRANSACTIONS TODAY: A Class A Classic Country station in the Southwest gains a fill-in translator.


KLOVE

In a deal valued at $338,000, EMF is acquiring WORG-FM 100.3 in Elloree, S.C., from Garris Communications.

An earnest money deposit of $16,900 is being made by EMF to Garris.

WORG’s signal covers an area sandwiched between the cities of Columbia and Charleston, S.C., along Interstate 26.

When the transaction is closed, WORG will discontinue its gold-based AC format and serve as an affiliate of EMF’s KLove network. This means WORG will be converted to noncommercial status.

Mark Jorgenson of Jorgenson Broadcast Brokerage served as the broker in this transaction, representing EMF.

 

A ‘Cave’ Gets A Fill-In Helper

2004_pics0011For a $4,000 investment, the owner of a Class A Classic Country FM to the east of Tucson is acquiring a silent translator to use as a fill-in facility for the station.

Paul Lotsof, owner of KAVV-FM 97.7 in Benson, Ariz., is purchasing K281CC at 104.1 MHz in Benson, from Carlos Lopez, who had been operating the facility as Spanish religious “Radio Manantial.”

Lotsof has paid Lopez a $1,000 deposit; the remaining payment is due at closing.

While the deal was executed on Dec. 15, 2016, it was not filed with the FCC until Jan. 4, 2017.

About The Author: Adam R Jacobson is a veteran radio industry journalist and advertising industry analyst with general, multicultural and Hispanic market expertise. From 1996 to 2006 he served as an editor at Radio & Records.

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