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EMF name change?

M

Mediafrog+

Third paragraph of this week’s station sales article on RadioInsight caught my eye:

“K-Love Inc. (formerly Educational Media Foundation) will purchase 103.3 WIXM Waterbury/Burlington VT and 107.7 W299AM Lebanon NH from Northeast Broadcast & Digital for $50,000.”

When did EMF become “K-Love Inc.”? Can’t find any info about this at a quick search.

Admin added link: Station Sales Week Of 1/17
 
Mediafrog+ said:
Third paragraph of this week’s station sales article on RadioInsight caught my eye:

“K-Love Inc. (formerly Educational Media Foundation) will purchase 103.3 WIXM Waterbury/Burlington VT and 107.7 W299AM Lebanon NH from Northeast Broadcast & Digital for $50,000.”

When did EMF become “K-Love Inc.”? Can’t find any info about this at a quick search.

Admin added link: Station Sales Week Of 1/17
Click to expand...
I can report that K-Love programming has been on 107.7 in Lebanon since the start of the year.
 
vchimpanzee said:
So does K-Love Inc. own Air1?
Click to expand...
Yes. From what I'm seeing here, EMF technically still exists but as a holding company or subsidiary within K-Love Inc. The new stations purchased (including the Salem CCMs) are directly owned by K-Love Inc.

Please please correct me if I'm wrong.
 
Nathan Obral said:
Yes. From what I'm seeing here, EMF technically still exists but as a holding company or subsidiary within K-Love Inc. The new stations purchased (including the Salem CCMs) are directly owned by K-Love Inc.

Please please correct me if I'm wrong.
Click to expand...
Every asset of the California based Educational Media Foundation is now held by the Tennessee based K-Love Inc. This was the last piece of the group's move to Franklin and reorganization. The former organization simply exists as a subsidiary. It's not at all different than the former Susquehanna stations being held by Cumulus inside Radio License Holding SRC LLC until its bankruptcy resturcturing or Citicasters remaining as a license holding company through that company's acquisitions by Jacor and then Clear Channel until iHeartMedia recently reorganized.

A similar move was undertaken by the formerly Oakland CA based Family Stations as it relocates to Franklin with a new parent corporation (LOAM Media Inc) created
 
I'm inclined to say "follow the money". Who within the organization's leadership is reaping financial rewards from the change, assuming the answer is not obscured.
 
Theater of My Mind said:
Who within the organization's leadership is reaping financial rewards from the change, assuming the answer is not obscured.
Click to expand...

I'm not a tax attorney, but I know a few. There are differences between a foundation and a corporation. The tax laws in the state of Tennessee are not the same as the laws in California. Tennessee appears to be trying to become the new Delaware or Nevada in terms of corporate tax laws.
 
I wonder if we will see a saturation of religious/teaching stations at some point or will they just continue to multiply, each with a slightly different philosophy? Is there a fixed pool of people willing to support them?
 
bigdonho said:
I wonder if we will see a saturation of religious/teaching stations at some point or will they just continue to multiply, each with a slightly different philosophy? Is there a fixed pool of people willing to support them?
Click to expand...
Let's take a look at Denver.

89.7 - KXGR - "Grace FM", Calvary Chapel - a rimshot but easily received in Denver itself
91.1 - KLDV - K-Love +2 HD channels (rebroadcast at 103.9 and 98.1 respectively)
94.7 - KRKS-FM, Salem, preaching
95.1 + KLTT 670 - Crawford, preaching
98.1 - KLOVE 2000s translator (counted with KLDV-HD3) (this may be temporary)
101.1 HD-2 - KOSI-HD2, The Saints Channel, LDS
101.5 - KSRC, Star FM, Pillar of Fire
101.9 - KXWA, Way FM +HD-2 La Vida Unida (counting as 2 program sources)
102.7 + KPOF 910 - Pillar of Fire
103.9 - Air1 translator (counted with KLDV-HD2)
106.3 - "The Light", translator for KTLF Colorado Springs, also at 90.5 (counting both together as one source)
107.1 - KFCO, "Flo", Pillar of Fire
1060 - KRCN, Catholic Radio Network - kind of a rimshot, from Longmont
1120 - KCRN, Catholic Radio Network - rimshot from Limon
1220 - KLDC, Crawford, preaching
1340 - KDCO, El Sembrador Ministries, in Spanish
1510 - KPLS, Radio 74, Seventh-Day Adventist - currently off the air
1650 - KBJD, Salem, preaching
1690 - KDMT, Relevant Radio, Roman Catholic

Pillar of Fire, KDCO, and KTLF are local. KPLS is quasi-local.

I count 20 separate programming sources, but the counting gets complex: I counted AM + FM translator combinations as one, and counted translator/HD subchannel combinations as one, but counted the two Catholic Radio Network stations as separate due to the distance between them.

That seems rather a lot, no matter how you count.
 
Mark Roberts said:
Let's take a look at Denver.

89.7 - KXGR - "Grace FM", Calvary Chapel - a rimshot but easily received in Denver itself
91.1 - KLDV - K-Love +2 HD channels (rebroadcast at 103.9 and 98.1 respectively)
94.7 - KRKS-FM, Salem, preaching
95.1 + KLTT 670 - Crawford, preaching
98.1 - KLOVE 2000s translator (counted with KLDV-HD3) (this may be temporary)
101.1 HD-2 - KOSI-HD2, The Saints Channel, LDS
101.5 - KSRC, Star FM, Pillar of Fire
101.9 - KXWA, Way FM +HD-2 La Vida Unida (counting as 2 program sources)
102.7 + KPOF 910 - Pillar of Fire
103.9 - Air1 translator (counted with KLDV-HD2)
106.3 - "The Light", translator for KTLF Colorado Springs, also at 90.5 (counting both together as one source)
107.1 - KFCO, "Flo", Pillar of Fire
1060 - KRCN, Catholic Radio Network - kind of a rimshot, from Longmont
1120 - KCRN, Catholic Radio Network - rimshot from Limon
1220 - KLDC, Crawford, preaching
1340 - KDCO, El Sembrador Ministries, in Spanish
1510 - KPLS, Radio 74, Seventh-Day Adventist - currently off the air
1650 - KBJD, Salem, preaching
1690 - KDMT, Relevant Radio, Roman Catholic

Pillar of Fire, KDCO, and KTLF are local. KPLS is quasi-local.

I count 20 separate programming sources, but the counting gets complex: I counted AM + FM translator combinations as one, and counted translator/HD subchannel combinations as one, but counted the two Catholic Radio Network stations as separate due to the distance between them.

That seems rather a lot, no matter how you count.
Click to expand...
Not looking good for the future of commercial radio. AM is in hospice and FM is in the ICU.
 
K-Love, Inc. is the largest radio owner and operator with approximately 1,100 broadcast signals. iHeart is second with around 850.

At some point there has to be over saturation, with donations hitting a plateau. Once you've conquered, what's next?
 
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