Friday, August 16, 2019

Relevant Radio To Acquire 9 Stations, 4 Translators From Salem Media

Relevant Radio has entered into an agreement with Salem Media Group to purchase nine AM stations and four FM translators in eight markets. 

Salem Media Group has agreed to sell stations to Relevant Radio in Boston, Atlanta, Houston, Dallas, San Antonio, St. Louis, Denver, and Youngstown for $8,732,125. This transaction, combined with purchases earlier this year of Salem stations in Washington, D.C., Miami, and Tampa, will allow Relevant Radio to expand its reach by an additional 60,000,000 persons.

In total, Relevant Radio is purchasing 14 AM stations and 7 FM translators from Salem for $17,700,000. The addition of these new stations will give Relevant Radio overall coverage of 220,000,000 people in the United States over a network of 163 owned and operated and affiliate stations.

The stations involved are: Business WAFS 1190 Atlanta...Spanish Christian WWDJ 1150 Boston...Spanish Christian KTNO 1440 Dallas...Business KDMT 1690 Denver...Business 1110 KTEK / K241CM 96.1 FM Houston...Conservative Talk KRDY 1160 San Antonio...Gospel WSDZ 1260 Belleville IL / K236CS 95.1 FM St. Louis... Conservative Talk KXFN 105.3 FM /  287BY St. Louis and WHKZ 1440  AM /W298CX 107.5 FM Youngstown, OH.

“We are grateful to God and our supporters that we can reach more souls with our inspiring and life-changing programs, spreading a message of hope and peace across America,” said Rev. Francis J. Hoffman, Executive Director/CEO of Relevant Radio. “Salem has a well-earned reputation of maintaining their stations in excellent condition and we are fortunate to make this purchase at this time”, said Hoffman.

With the purchase of these stations, Relevant Radio will broadcast in all top ten markets, and 22 of the top 25 markets, including New York, Los Angeles, and Chicago. Tom Vorpahl, Chairman of the Board of Directors, said, “It is very humbling and rewarding to experience how powerful the message of the Gospel is and can be to our listeners. We look forward to continuing our Mission of sharing the Truth and Beauty of the Church in these new markets.”

Mark Jorgenson of Jorgenson Broadcast Brokerage facilitated the transaction, with Mark Denbo serving Relevant Radio as FCC counsel and Nicolet Bank of Green Bay, Wisconsin providing the financing.

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