FCC Grants First LPFM Ownership Transfers | LPFM | Low Power FM Radio

11/2/05 FCC Grants First LPFM Ownership Transfers

The FCC has just approved the sales of KAMG-LP in Enid, OK, from Central Assembly of God Church to Amigos Ministry 10/20/05; WVDV-LP, First Baptist Church of Sebring (FL) to Ministerio Radial Christiano de Sebring; and WZPH-LP, Zephyrhills, FL from Ron Clark Ministries to Pasco County Educational Corp.

The FCC previously granted a Form 316 “Change of Board” request, but hese are the first complete ownership transfer of LPFM stations via Form 314.  The FCC created new procedures to facilitate this.

Question: Can LPFM ownership be transferred to another group? KKXI-LP

 

Answer: Form 314 should be used when a complete ownership change occurs; Form 315 when there is no change of ownership but all or virtually all board change, and Form 316 when the board changes by 50% or more (i.e. four members of an 8 member board)..  Some questions asked in these forms (i.e. full-power points system and “market size / share”) do not apply to LPFM and should be answered “N/A”.

NCE Settlement Still Possible

10/16/2008  Settlements are still being worked out!  It’s still not too late to either recoup some of your investment or work out something with the other applicant.  If your application has not been officially dismissed, contact us for assistance.

1/28/08 The FCC received few settlement requests by January.  The good news is the staff is still processing requests (in about a month).  Processing of unsettled Mutually Exclusive (MX) applications will not start for one to two years.  Many MX “pools” overlap into vast matrices with up to 200 applications.  Ultimately the FCC will dismiss all overlapping applications except one.  So it is important to give us a call for assistance with MX settlement as soon as possible.