Friday, November 17, 2023

Bay Area Radio: KEXP Seattle To Acquire KREV-FM For $3.75M


KEXP Seattle has purchased San Francisco area KREV 92.7 radio station, and pending FCC approval, “will be taking full ownership and operation” of the station “within the next few months,” according to a Thursday donor email written by KEXP CEO Ethan Raup. KEXP submitted a winning $3.75 million bid for the bankrupt station as part of a bankruptcy auction on Oct. 23.

The Seattle Times reports the revamped Bay Area station is expected to begin broadcasting in the next month or two, a KEXP spokesperson said, pending a few “technical and engineering details.”

When the San Francisco station launches, it will air “more or less the same programming” as KEXP’s 90.3 FM Seattle station, per Raup’s email to donors, with the exception of a new Bay Area local show akin to KEXP’s Pacific Northwest-centric Audioasis that it hopes to introduce within the first six months. Those developing relationships with the local music community “will help us define the evolution of the Bay Area station,” Raup wrote.

KEXP’s spokesperson declined an interview request Thursday but provided the following statement from Raup:

“We’re incredibly excited to explore this opportunity to grow KEXP’s platform both for music fans and artists alike. As we look ahead to taking to the airwaves in the Bay Area, we will work to further build out a sustainable plan to grow our connection between different musical and cultural communities and expand on our existing Bay Area audience — all while remaining firmly rooted in the Pacific Northwest. 

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