With a mere 99 watts from a broadcast tower used by Sinclair Broadcast Group for its ABC television affiliate, an FM translator reaches most of metropolitan St. Louis at 106.9 MHz.
Until now, this mini-FM facility has simulcast a religious AM. That will soon change, as the FM translator has just been sold.
Paperwork has been filed with the FCC that shows Kaufman Media agreeing to part ways with K295CQ in St. Louis, Mo.
It’s grabbing $125,000 for the baby FM, and the buyer is Rob Austin-led Fusion Radio.
And, Austin has plans in place that will see K295CQ get an upgraded facility and a new tower location, ending the use of the structure at the KDNL-30 studios.
That’s according to Dick Kozacko, who served as Austin’s broker of record. With an upgrade, the coverage area of K295CQ is expected to grow dramatically, making it a “super translator” with city-grade coverage of nearly the entire metropolitan area.
What are Austin’s plans? They could mirror those seen at WPAY-AM 1520 in Toledo and its two associated FM translators.
In addition to his Fusion Radio operation, Austin operates Jammtraxx Media, a Chicago-based operation that offers programming, production, imaging and mix show syndication.
He’s made a $25,000 downpayment to Kaufman, which will receive an additional $25,000 payment no later than August 2. A $75,000 payment will be made at closing.
This is expected to occur by September 1.
Kaufman Media is led by Bert Kaufman, who intended to sell K295CQ and originating station WGNU-AM 920 along with KXEN-AM 1010 and FM translator K283CI to Berry Broadcasting for $650,000 in July 2019. That transaction was never consummated.
Kozacko notes that offers for WGNU, KXEN and K283CI “are pending.”