EMF To Acquire KUSP Santa Cruz
The bankruptcy trustee for Pataphysical Broadcasting’s former AAA 88.9 KUSP Santa Cruz CA and its four translators has agreed to sell the station to Educational Media Foundation for $605,000.
KUSP went dark at the end of July and then filed for Chapter 7 bankruptcy to begin to pay off creditors. Current.org reports that EMF won the bidding earlier this week with its $605,000 bid over KCRW Los Angeles’s $600,000 bid that will be a backup bid should EMF’s acquisition not be approved by the FCC. A third local group, Media Watch/Central Coast Community Radio also submitted a bid.
EMF operates multiple signals already in the Monterey/Salinas/Santa Cruz market. The company’s 90.7 KSRI Santa Cruz and 93.5 K228FD Monterey carry the Christian CHR “Air 1” network, while Christian AC “K-Love” is on multiple stations. EMF recently closed on the acquisition of 97.9 KLXY Salinas (formerly Country KYZZ) from Mount Wilson FM Broadcasters, while the network also airs on Prunedale Education Association’s 89.7 KLVM Prunedale and translators in Monterey and Soledad.