Alpha Media and Educational Media Foundation are swapping licenses in the Portland and San Antonio markets.
Alpha Media will receive 102.9 K275CH Gresham OR from EMF. Alpha has been operating the translator (originally on 102.7) since 2014. It has been Hip Hop “We 102.9” fed via 101.9 KINK-HD2 Portland since September 2019.
EMF will receive 103.1 KHHL Karnes City TX. KHHL, while part of its San Antonio cluster, does not have much of a signal in the populated portions instead covering rural areas between it and Victoria TX. It has been simulcasting 95.7 KLEY-FM Jourdanton, which recently flipped to Tejano.
While no cash will change hands in the license swap, Alpha will pay $111,000 to offset a portion of the rent remaining on KHHL’s lease. At closing, EMF will either assume the remaining time on Alpha’s current lease with Vertical Bridge or attempt to enter into a new lease agreement.
This story first appeared on radioinsight.com