Let's look at this logically, and from the vantage point of an owner/operator:
1. Costs. Right off the bat, let's hypothetically say that Cumulus could move it to Empire as a full B. That's $10 million to Family Radio, plus the costs of moving to Empire. The master antenna at Empire, last I knew, was full. Maybe they go to the mini master?
2. See #1. Would the billing increase on Nash enough to cover the cost involved?
3. The only reason to shell out $10 million plus moving costs would be to sell the radio station and hope to make more of that $10+ million back. Cumulus has 94.7 to put the Nash brand on the air in NYC. They're not market capped either. No reason to sell.
4. This is all hypothetical because as we've beaten to death here so many times, moving 94.7 to Empire has a 1% chance of maybe happening. 94.3 isn't going anywhere, so neither is 94.7. If it could have been moved to Empire, or 4TS, don't you think Family would have done it before selling to raise the value of the stick???