Emmis does not and never did own WLIB.
My error. Still, I don't see ICBC/YMF/YMF Holdings/other creditors and owners giving this one up. Not unless they could replicate the programming elsewhere on the New York radio dial, which they cannot unless they displace some of the programming on WBLS or purchase another station in the market. Neither seems very likely, although considering what has occurred so far this year, neither may not be off the table...
Regarding WNSW, depending on the terms of the agreement with
The Voice of Russia, MCBC could relocate that programming to one of their other properties. Perhaps the agreement precludes them from doing so. However, the 1430 signal seems in line with, if not better than, what Family Radio would be willing to accept, based on their acceptance of what their two present Baltimore, MD. AM holdings offer them in terms of coverage.
The other option is the AM extended band, but considering the average age of the Family Radio listener, explaining the move to the traditional AM band may be difficult enough. Not to mention many older radio sets generally cannot tune beyond 1620 AM.