Educational Media Foundation (EMF), the nation’s largest radio broadcaster of contemporary Christian music, has acquired six stations from Cumulus Media Inc for $103.5 million.
The transactions are expected to close early this summer and will bring the number of K-LOVE radio signals to 564 nationally. The stations acquired are 95.5 WPLJ in New York; 106.7 WYAY in Atlanta; 107.3 WRQX in Washington, D.C. / Baltimore, Maryland; 97.7 KFFG in San Jose, California; 102.1 WZAT in Savannah, Georgia; and 105.9 WXTL in Syracuse, New York.
“We are thrilled to add these stations to the K-LOVE network and for the opportunity to continue to bring people closer to Jesus,” said Alan Mason, EMF’s president and interim CEO, in a press release. “Our mission is to create compelling media that inspires and encourages listeners to have a meaningful relationship with Christ. These are legendary stations that will enable us to enter new markets in Washington, D.C., Atlanta, Savannah and Syracuse and expand our footprint in New York.”
EMF, a longtime member of NRB, operates the popular K-LOVE and Air1 radio networks. Together, K-LOVE and Air1 are heard on more than 800 stations in all 50 states and streamed around the world online.
By NRB Staff
Published: February 28, 2019