KUSF sale completed, FCC probe ends
The multimillion-dollar sale of the University of San Francisco-owned classical music radio channel was finalized after more than a year of discussion when all parties in the transaction agreed to pay $50,000 each to end a Federal Communications Commission investigation.
KUSF can now transfer its broadcast license to the nonprofit Classical Public Radio Network, a classical music station operated by the University of Southern California. The sale was announced in January 2011, with KDFC, the Bay Area's only classical music station, moving up the FM dial to 90.3 and booting out KUSF's student radio programming. The student radio station retained use of the KUSF letters, but is now accessible only online. Though the station will be owned by Classical Public Radio Network, which is owned by USC, the Bay Area will still have access to its programming at its 90.3 frequency, as well as to its relationship with the San Francisco Opera and San Francisco Symphony. KDFC has been running programming at 90.3 since the sale announcement in January 2011.
KUSF sale completed, FCC probe ends