This was a big surprise to me. The Friends of KEXP, owners of a AAA station in Seattle, were the winning bidders for KREV Alameda.
This was not just a surprise, but also the best-case scenario for fans of good radio.
While the signal is limited, the format is a great fit for the city and I expect the station will get enthusiastic support from listeners in the areas it reaches. The Bay Area is also as tech-centric as it gets, and people here know how to stream what they want to hear.