Relevant Radio Merging With Immaculate Heart Radio
October 14, 2016 at 6:34 AM (PT)
Catholic radio organizations RELEVANT RADIO and IMMACULATE HEART RADIO are merging into a single entity, "IMMACULATE HEART MEDIA d/b/a RELEVANT RADIO." The combined company will have 108 AM and FM radio affiliates and translators in 36 states, including 15 of the top 50 markets, including RELEVANT RADIO's WNSW-A/NEWARK-NEW YORK, WNTD-A/CHICAGO, WWJZ-A/MOUNT HOLLY-PHILADELPHIA, and WLOL-A/MINNEAPOLIS and IHR's KHJ-A/LOS ANGELES and KSFB-A-K269FB/SAN FRANCISCO.
RELEVANT RADIO Executive Dir. Rev. FRANCIS J. HOFFMAN will serve as Executive Director and IHR President DOUG SHERMAN will serve as President of the combined company. The boards will merge as well, including The Most Rev. BERNARD J. HEBDA, Archbishop of SAINT PAUL and MINNEAPOLIS, and The Most Rev. DAVID L. RICKEN, Bishop of GREEN BAY. RELEVANT RADIO Board Chairman TOM VORPAHI will serve as Chairman of the combined board.
The company plans to raise over $30 Million in the next three years, with $22 million already pledged, including a lead gift from KAY and MIKE BIRCK of HINSDALE, IL. "We are more than two-thirds of the way there and efforts are on-going to complete the campaign. We will close as soon as possible in 2017 after FCC approval," said Rev. HOFFMAN.