$1.25M KXPC-FM Eugene-Springfield OR (Harrisburg OR) from Educational Media Foundation (Mike Novak) to Cumulus Broadcasting LLC (Lew Dickey). Swap for KRUZ-FM Santa Barbara CA (Goleta CA). KXPC is licensed to Lebanon, has applied to move to Harrisburg with improved coverage of Eugene-Springfield. Cumulus acquisition is contingent on FCC approval of CP; KRUZ goes to EMF regardless for $1.25M ($500K cash, $750K note). KRUZ calls stay with Cumulus. Superduopoly between KXPC and KSCR-AM, KUGN-AM, KZEL-FM, KNRQ-FM, KUJZ-FM & non-market KEHK-FM. [FCC file date 8/31/12]
$1.25M KRUZ-FM Oxnard-Ventura CA (Goleta CA) from Cumulus Broadcasting LLC (Lew Dickey) to Educational Media Foundation (Mike Novak). Swap for KXPC-FM Eugene-Springfield OR (Harrisburg OR). KRUZ is licensed to Santa Barbara but has CP to move to Goleta CA and enter Oxnard-Ventura market. Swap is contingent on approval of CP for KXPC; if not approved, EMF will buy KRUZ regardless for $1.25M ($500K cash, $750K note). KRUZ calls stay with Cumulus. [FCC file date 8/31/12]
