In August 2018, Family Life Radio agreed to acquire a Class A FM from The E.W. Scripps Co. in the market that’s home to Sabino Canyon and the University of Arizona.
Now, the Christian-themed non-profit is selling its AM and FM translator in this market in a deal brokered by Kalil & Co.
According to a broker announcement released Friday (4/26), a contract has been signed and an application is being filed with the FCC for the transfer of Tucson-based Class B KFLT-AM 830 and FM translator K269FV at 101.7 MHz in Oro Valley, Ariz.
Family Life Broadcasting is selling the facilities to Tucson Radio, LLC.
That’s an Arizona-based company headed by Fletcher McCusker.
What does this mean for the station’s future? McCusker, who has no other broadcast interests at this time, is the CEO of UAVenture Capital. He started the operation with President and co-founder Michael Deitch, and the two are known for their roles involving the IPO of Tucson based Providence Service Corporation.
UAVenture Capital’s mission? “We Are A Venture Capital Fund Designed to Commercialize University of Arizona Science, Technology, Services and Products.”
Does this signal the UofA’s involvement in KFLT-AM, which has a 50kw daytime from 1 tower and 1kw nighttime signal from 4 towers, and the FM translator?
The University of Arizona already owns NPR Member Station KUAZ-FM 89.1 and Classical KUAT-FM 90.5.
The sale of KFLT-AM leaves the Christian AC Family Life Radio programming on Class A KFLT-FM 104.1, the former KQTH.