Educational Media Foundation is acquiring Country 95.3 KRTY Los Gatos/San Jose CA from Empire Broadcasting.
The sale filing attempts to obscure the purchase price, which appears to be $3,138,000 with some prorations and adjustments to be made. The sale will close on whichever comes later between June 1 or ten business days after FCC approval. The seller will retain the KRTY intellectual property.
KRTY will join EMF’s South Bay holdings that current includes “K-Love” on 97.7 KJLV Los Altos while “Air 1” is heard on Venture Technologies Group’s 87.7 KBKF-LD San Jose and KJLV-HD2.
In the February 2022 Nielsen Audio ratings released earlier this week, KRTY set a station record with a 7.5 share in the San Jose market, while rising to a 1.8 share in the adjoining San Francisco market. KRTY is currently the only Country outlet in the Bay Area.
This story first appeared on radioinsight.com