Help Save Local Radio in Lake Tahoe

KRLT FM & KOWL AM are locally owned & operated radio stations – not corporate owned - and have been on air for over 40 & 60 years respectively. We are the home of “Howie’s Morning Rush”, the “Sierra House Weather Kids”, the “Angel of Tahoe Contest”, local news & interviews, we support the efforts of countless non-profits, promote local businesses & events, and we’re the home of the “hits that rock”. We're still #1 in this market and have a large loyal audience, as always. But we are in jeopardy of going out of business by July 1st 2020. As a “mom & pop” business, our savings are limited and have been exhausted during this Covid-19 shutdown. Our monthly overhead has stayed the same but our revenue has dropped by roughly 80%. On June 30th 2020 we owe a balloon payment to the note holder of the loan we took out to purchase these stations 5 years ago. We need to raise at least $100,000 in order to have a viable chance of extending the loan terms. If we do not, it is extremely likely that the stations will be foreclosed on and sold off to a national radio company that would simply use our frequency to relay one of their stations from outside the market. The odds are slim that any entity would want to buy standalone radio stations in a tourist market and operate them locally in this economy. It would mean the end of local radio in South Lake Tahoe. Please help us keep these stations as the local platform that they are for the community. If anyone is interested in investing in the stations or being our “bank” for a new loan to payoff the existing one, please contact the station GM directly via this website or the station website. Thank you for your consideration!