This from R&R:

Washington
KTSL-FM/Medical Lake (Spokane)
PRICE: $2.15 million
TERMS: Asset sale for cash
BUYER: Educational Media Foundation, headed by president Mike Novak. Phone: 916-251-1600. It owns 207 other stations. This represents its entry into this market.
SELLER: Pamplin Communications Corp., headed by president/CEO Andrea Marek. Phone: 503-553-0380
FREQUENCY: 101.9 MHz
POWER: 29kw at 650 feet
FORMAT: Christian contemporary
BROKER: Tom McKinley
COMMENT: Pamplin Broadcasting-Washington's KTSL-FM/Medical Lake, Wash., to Educational Media Foundation for $2.15 million, payable in cash at closing. $107,500 escrow deposit.

seems a bit pricey........

Maybe EMF is doing something right...

They have a stable of live, top-notch talent: Jon Rivers, David Pierce, Lisa Williams and more. They have promotions staff in local markets, and even a staff of pastors for their prayer lines. Great facilities and programming...and the funds to expand. While their fund-raising drives get tiresome to listen to, it seems to be working.

Maybe that's what radio as a whole needs to do. Get away from an advertiser-based medium and into a listener-based medium. Adopt a "what are you willing to pay to keep listening to this station" financial model.

They have announcers with lovely, melodious voices. They would all be very professional voiceover people. Oh wait, I think they are. ;)
The number one factor in EMF's "success story" is driving out the competition in local markets, many of whom have a hard enough time paying their staff, let alone pass up the relatively big buyout check from EMF.

It looks like you hit the semi-colon by mistake, which brought a tear to my eye. The funniest thing just happened: While I was holding down the shift key, a message came up, saying that I had locked up the computer by holding it down too long. The song playing in the background was "Linger" by The Cranberries!

EMF buys another in Washington State. This from yesterdays R&R:

Washington
KQBE-FM/Ellensburg (Wenatchee)
PRICE: $825,000
TERMS: Asset sale for cash & note
BUYER: Educational Media Foundation, headed by president Mike Novak. Phone: 916-251-1600. It owns 210 other stations, including KLUW-FM/Wenatchee.
SELLER: Peak Communications Inc. (WA), headed by president John Kelleher. Phone: 509-962-2823
FREQUENCY: 103.1 MHz
POWER: 2kw at 1,289 feet
FORMAT: Adult CHR
BROKER: The Exline Co.
COMMENT: Peak Communications' KQBE-FM/Ellensburg, WA to Educational Media Foundation for $825,000. $450,000 cash at closing, including $41,250 escrow deposit, plus $375,000 promissory note.

....Author: Mfarnes
Monday, February 18, 2008 - 9:37 am


Maybe EMF is doing something right...

They have a stable of live, top-notch talent: Jon Rivers, David Pierce, Lisa Williams and more.....

So, where do they broadcast from? Just for the sake of the conversation, if they owned 207 stations and they all were contemporary christian, then that would mean that 1 is live and 206 are satellite-fed or voice tracked from out of market.

If putting people in small markets out of work is doing it right, then yes, they're doing it right.

EMF broadcasts originate in their Roseville, California studios. Just outside of Sacramento.

Aren't they in Rocklin, CA?

Rocklin is still part of metro Sacramento. That's the address they use for their fundraising...