Envision Inc. is benefiting from the Journal Broadcast and E.W. Scripps merger — the required sale of a station in the Wichita, Kan., market to meet federal market ownership limits.
The station selected for sale is KFTI(FM). Envision, headquartered in Wichita, is a nonprofit dedicated to making the blind and visually impaired independent and self-supporting when possible. It is acquiring the station to use as a training ground, a revenue source and a messaging platform.
KFTI is no low-rent, low-powered scrub station, but packs a solid a 100 kW signal.
President and CEO of Envision Michael Monteferrante said, “We are very excited to be adding a new dimension to our organization as we enter the world of broadcast communications … KFTI represents our latest success in diversifying our operations and strengthening our resources. We’re gaining a new revenue stream for funding our programs, new job opportunities for those we serve and a valuable communications vehicle through which we and other organizations can reach audiences. “
In other transactions, Alpha Media is acquiring six stations from Buckley Broadcasting of California and Buckley Communications. The stations are: KKBB(FM), KLLY(FM), KNZR(AM/FM) in Bakersfield and KHTN(FM) and KUBB(FM) in Merced.
Alpha owns stations in 12 markets. Richard A. Foreman Associates was the broker.