An Encouraging Deal For ‘Ondas de Vida’

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A Spanish-language radio broadcast ministry has agreed to sell a trio of full-power FM radio stations serving a good portion of California’s High Desert and Mojave regions, in addition to nine FM translators stretching from the Inland Empire through the Las Vegas market.


Who’s the buyer of the Ondas de Vida properties?

The pending new licensee is Educational Radio Foundation of East Texas Inc., affiliated with Encouragement Media Group — the owner of “The Voice of Encouragement,” KVNE-FM 89.5 in Tyler, Tex.

With Joe Chautin III of Hardy, Carey, Chautin & Balkin serving as the buyer’s legal counsel and Jeffrey Southmayd of Southmayd & Miller representing the seller, an asset purchase agreement submitted to the FCC for its regulatory approval reveals Encouragement Media Group President Troy Kriechbaum (pictured, at right) has agreed to a $1.05 million deal.

A 10% escrow deposit is being held by Chautin’s office in Mandeville, La.

Serving as Ondas de Vida’s broker of record is Beth Griffin of Griffin Media Brokers.

The stations EMG will obtain are as follows:

Call Sign Facility ID File Number Service City, State
KODV 122214 0000281872 FM BARSTOW, CA
KLHM 768305 0000281873 FM LUCERNE VALLEY, CA
K212GC 91086 0000281874 FX POMONA, CA
KVID 76248 0000281875 FM MESQUITE, NV
K205DK 92058 0000281876 FX YUCCA VALLEY, CA
K215FA 48349 0000281877 FX NORTH LAS VEGAS, NV
K203FR 138864 0000281878 FX LAS VEGAS, NV
K288DJ 28939 0000281879 FX VICTORVILLE, ETC., CA
K256BS 138849 0000281880 FX PALMDALE, CA
K284CD 141344 0000281881 FX QUARTZ HILL, CA
K212GM 62069 0000281882 FX CRESCENT CITY, ETC., CA
K219LJ 152502 0000281883 FX SAINT GEORGE, UT

 

KODV is a Class B facility at 89.1 MHz, while Class C2 KVID-FM 88.5 is a Las Vegas, Nev., rimshot coming from the Arizona/Nevada border north of the city via Interstate 15.

KLHM is presently silent and is licensed for broadcast at 88.1 MHz in the Victor Valley region of California.

What does this mean for Ondas de Vida? Some may believe the end is neigh, as its assets are reduced to KODD-FM in Bullhead City, Ariz., and FM translator K254CB in the Prescott Valley region of Arizona.