Educational Media Foundation makes a rare AM purchase with the acquisition of 780 KJME Fountain/Colorado Springs CO from Timothy Cutforth for $70,000. KJME has carried EMF’s “K-Love” network since March 2022 to feed their 96.5 K243AM Colorado Springs. Cutforth also owns Classic Country 890 KCEG Fountain/105.1 K286CO Colorado Springs.
The Greg Smith led Ellensburg Radio Broadcasting will purchase News/Talk 1240 KXLE and Country 95.3 KXLE-FM Ellensburg WA from Brad Tacher’s KXLE Inc. for $250,000. The deal does not include KXLE’s tower site or the studio building. The seller will remain with the stations under a management agreement.
Augusta Radio Fellowship is buying Cherokee Broadcasting’s three stations in the southwest corner of North Carolina. Augusta Radio Fellowship will pay $550,000 for Oldies “Big 6 Radio” 600 WCVP Murphy, Country/Christian “Pure Country” 95.9 WCVP-FM Robbinsville, and AC 102.7 WCNG Murphy. In a related deal, John Reynolds will donate WCNG translator 101.3 W267BC Blairsville GA to Augusta Radio Fellowship.
Lance Venta, RadioInsight (2023-03-10)