San Diego Radio: EMF To Acquire KPRI 102.1 FM

Independent rock station KPRI 102.1 FM owned by Compass Radio of San Diego, Inc announces the sale of the station’s assets to Educational Media Foundation (EMF) headquartered in Sacramento.

EMF operates radio networks specializing in adult contemporary Christian music.

The transaction requires FCC approval and is expected to close in mid-January. EMF will begin programming KPRI on Monday September 28, 2015.

Company President and co-owner Jonathan Schwartz announced the sale, saying: “This is a step we take with very mixed emotions. We have loved the opportunity to serve San Diego for the last two decades, and we are grateful to our staff, listeners, advertisers, and the San Diego community.”

KPRI 102.1 FM (30 Kw) Red=Local Coverage Area

Co-owner and CEO Robert John Hughes added: “KPRI has been a true labor of love. All I can say is: I thank each and every one who has helped us create and sustain a truly amazing radio station.” Media Venture Partners (MVP), a San Francisco, CA based investment banking firm advised Compass in this transaction.