EMF prunes its portfolio


SoldA small between-market FM in California is on its way to a new owner for a very nominal price – exiting the large portfolio of stations owned by Educational Media Foundation.

The station is KDRH-FM, a Class A on 91.3 MHz with 300 W @ 75’. It’s licensed to King City CA, and throws its small signal over a portion of California south of Monterey-Salinas and north of San Luis Obispo.

The buyer is The Association for Community Education Inc. Philip Guthrie signed off on the deal for the buyer, but two of the principals, Rich Riddle and Roland Hinz, are members of the Board of Directors of commercial religious radio leader Salem Communications Corporation.

The price for KDRH is minimal – one dollar.

ACE is applying for a main studio waiver to operate the station as a satellite of its KMRO-FM Camarillo CA. That station is centered on the Oxnard CA market to the north of Los Angeles and also throws a signal over Santa Barbara.

There are two additional stations in the ACE collection: KEYQ-AM is licensed to Fresno, and KGZO-FM is licensed to Shafter, serving parts of the Bakersfield market to the east.