Salem Media Group has announced that it is exiting the Christian Contemporary Radio business by selling seven of its stations to Educational Media Foundation (EMF). EMF, a nonprofit organization and the second-largest radio broadcaster in the United States, operates the prominent Christian music networks K-LOVE and Air1.
The stations being acquired by EMF include “104.7 The Fish” WFSH-FM Athens/Atlanta GA, “95.5 The Fish” WFHM Cleveland, 102.7 KBIQ Manitou Springs/Colorado Springs, 94.9 KLTY Dallas, “95.9 The Fish” KFSH La Mirada/Los Angeles, “104.1 The Fish” KFIS Scoppoose/Portland, and “103.9 The Fish” KKFS Lincoln/Sacramento. Among these, KLTY in Dallas is a particularly surprising purchase. As the leading Adult Contemporary Christian Music station in the country, KLTY has long dominated local ratings, boasts the largest audience in its genre, and has been highly profitable. Starting in February, it[…]
