KKHQ-FM (98.5

MHz The hertz (symbol: Hz) is the unit of frequency in the International System of Units (SI), equivalent to one event (or cycle) per second. The hertz is an SI derived unit whose expression in terms of SI base units is s−1, meaning that one h ...

), branded as ''Q98-5'', is a

radio station Radio broadcasting is transmission of audio (sound), sometimes with related metadata, by radio waves to radio receivers belonging to a public audience. In terrestrial radio broadcasting the radio waves are broadcast by a land-based radi ...

serving

Waterloo Waterloo most commonly refers to: * Battle of Waterloo, a battle on 18 June 1815 in which Napoleon met his final defeat * Waterloo, Belgium, where the battle took place. Waterloo may also refer to: Other places Antarctica * King George Island ...

, Cedar Falls, and surrounding cities with a Top 40/CHR format. This station is owned by

Townsquare Media Townsquare Media, Inc. (formerly Regent Communications until 2010) is an American radio network and media company based in Purchase, New York. The company started in radio and expanded into digital media toward the end of the 2000s, starting wit ...

. On August 30, 2013, a deal was announced in which

would acquire 53 Cumulus stations, including the then-KOEL-FM, for $238 million. The deal was part of Cumulus' acquisition of

Dial Global Westwood One is an American radio network owned by Cumulus Media. The company syndicates talk, music, and sports programming. The company takes its name from an earlier network also named Westwood One, a company founded in 1978. The company w ...

; Townsquare and Dial Global are both controlled by

Oaktree Capital Management Oaktree Capital Management is an American global asset management firm specializing in alternative investment strategies. As of March 31, 2022, the company managed $164 billion for its clientele. The firm was co-founded in 1995 by a group that ...

. The sale to Townsquare was completed on November 14, 2013; KOEL-FM was one of three stations (along with KCRR and KKHQ-FM) that were placed in a divestiture trust for eventual resale within two years. In December 2016, the

Federal Communications Commission The Federal Communications Commission (FCC) is an independent agency of the United States federal government that regulates communications by radio, television, wire, satellite, and cable across the United States. The FCC maintains jurisd ...

approved Townsquare's request to reacquire the stations from the divestiture trust. On December 9, 2020, KOEL-FM and KKHQ-FM swapped frequencies, bringing the KOEL-FM call letters and the country format back to 92.3 FM after 17 years. In return, KKHQ-FM's Top 40/CHR format moved to 98.5 and rebranded as "Q98.5".

References

External links

Q98.5 - Official website
Contemporary hit radio stations in the United States Cedar Falls, Iowa Radio stations established in 1994 KHQ-FM Townsquare Media radio stations 1994 establishments in Iowa {{Iowa-radio-station-stub