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EMF to Acquire WPFM/Panama City from Powell Broadcasting


WPFM-FM
WPFM-FM

Educational Media Foundation (EMF) has agreed to acquire 54kW CHR WPFM-FM (107.9)/Panama City, FL, from Powell Broadcasting LLC. Terms were not immediately disclosed. Powell Broadcasting is a wholly-owned subsidiary of The Powell Group and owns radio stations in Panama City and Sioux City, IA. EMF is a not-for-profit organization based in Rocklin, CA, that operates the K-LOVE and Air1 radio networks. Kalil & Co. brokered the transaction.

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