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KCKX will continue to operate, but under a Local Management Agreement (LMA) with a company that could potentially buy the station someday. Essentially, the new company gets to try out the radio station for a while for a monthly fee. There will be no local studio, which would indicate the new company is within 25 miles of Stayton, Oregon (probably Salem or Albany). Because of the LMA, the new company wants as much control over the commercial inventory as possible to be able to pay the bills. What can happen, and often does, is that the company operating under an LMA will decide NOT to buy the station.
The licensee, however, is required to continue to operate the station under the license or file, what is known as a STA or, station temporary authority with the FCC. The STA is good for one year.
After one year, if the station doesn’t return to the air, the license authorization is cancelled and the station is lost. To regain the license after this time would require applying for a construction permit which runs into the tens of thousands of dollars for a new AM permit.
The current licensee, Don Coss, lives in Lake Oswego, Oregon, some 60 miles to the North of the station. To the licensee, it’s just a bill to pay each month at this point. With the new LMA, at least the investment begins to net some cash. Ken’s operation and programming apparently wasn’t very helpful in generating finances for the station.
Let’s not lose sight that KCKX is a business first, an investment second and finally a radio station. You will notice, the creative and community service parts of radio are not the top priorities. Commercial radio IS NOT a hobby.