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EMF Closes Acquisition of WPFM/Panama City from Powell

WPFM-FM

WPFM-FM

Christian radio broadcaster Educational Media Foundation (EMF) has closed on its previously announced acquisition of 54kW CHR WPFM-FM (107.9)/Panama City, FL, from Powell Broadcasting LLC. Powell Broadcasting is a wholly-owned subsidiary of The Powell Group and owns 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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Quick Snaps

WIL-FM/St. Louis: for the third consecutive year, Bud and Broadway collected a record number of ''Bikes, Balls and Barbies'' 10,000 Toys for Girls and Boys. The New Country 92.3 Home Team collected more than 10,000 toys during the 36-hour weekend toy drive, benefitting the patients at Shriners Hospitals for Children St. Louis. Bud and Broadway and the New Country 92.3 Home Team collected toys over two days in order to bring joy (and toys) to kids at Shriners Hospitals for Children over Christmas.