A Class A FM facility to the northeast of Indianapolis has been selected for divestment by a Christian liberal arts university affiliated with the Church of God.
Meanwhile, a noncommercial network of regional Mexican stations targeting first-generation farmworkers has closed on its acquisition of a translator serving a portion of the Phoenix market. Kalil & Co. served as the broker in this transaction.
Those are the biggest headlines in RBR+TVBR‘s TRANSACTIONS TODAY for Dec. 6, 2017.
In the Hoosier State is Anderson University, owner of WQPE-FM 98.7 “The Song,” a Christian Contemporary radio station presently airing all-Christmas music.
The Class A facility covers an area of Indiana between Indianapolis and Muncie, and it uses FM translator W287BE at 105.3 in Greenwood, Ind., to reach the south-Indianpolis suburb with a 1-watt microsignal.
Now, after 27 years of ownership, the university has put WQPE up for sale.
Four full-time employees will be affected by the sale, the school’s student-run Andersonian reports; the university is currently in discussion with potential buyers.
The decision, says the university, follows a “long line of program changes in accordance with the university’s new strategic plan.”
Ryon Kaopuiki, Anderson’s VP/Enrollment and Marketing, said the decision to sell WQPE has been discussed for a long time.
“As the university looked at the strategic plan and what our core competencies are and the direction that we’re going, the radio station just fell outside of that strategic plan,” he said. “This was a difficult decision that leadership wrestled with for quite a while.”
There is no specific timeline for the sale of WQPE, or a target sale price, Kaopuiki said, adding that operating the radio station “falls outside the scope of what we’re trying to do as a university.”
The pending sale of WQPE is part of a growing trend by universities to sell their noncommercial radio stations. In 2017, Northern Kentucky University, and The University of Massachusetts Dartmouth parted ways with their respective stations — resulting in an outcry from loyal listeners but little in the way of passing the stations on to a new owner interested in preserving the stations’ formats.
A ‘POWERFUL’ MOVE FOR RADIO CAMPESINA
On July 14, Farmworker Educational Radio Network announced that it was acquiring K270BZ at 101.9 MHz in Phoenix from Riviera Broadcasting, owner of three commercially licensed radio brands serving the Valley of the Sun.
K270BZ had been associated with KKFR-FM “Power 98.3,” and now it is a part of the Cesar Chavez Foundation’s Radio Campesina regional Mexican network of noncommercial stations.
The price paid by FERN for K270BZ was not disclosed.
The translator is located on South Mountain, and enjoys coverage of the much of the market.