Done Deal in Seattle

0

SoldEducational Media Foundation has acquired yet another station in the commercial band to put to use under its own non-profit operational model. The station is KMCQ-FM in the Seattle-Tacoma market. Broker: Kalil & Company.


KMCQ-FM is licensed to Covington WA.

The seller is Queen Cities Broadcasting LLC. Manager Charles J. Dreifus signed off on the deal.

EMF is headed by Mike Novak.

The price is $7,000,000 cash. Unless we’re missing something, this is the biggest single-radio-station deal of the year.

KMCQ-FM is a Class C2 on 104.5 MHz with 7.1 kW @ 1,273’. The station has good market coverage.