Pappas Telecasting is liquidating its broadcast holdings, which include TV stations in California, Texas, Arizona and Nebraska and one radio station KMPH-AM (840) in Modesto, CA. KMPH was launched by Harry J. Pappas to replace KTRB-AM (860) which he moved to San Francisco in 2006. KTRB San Francisco is not part of this liquidation. KMPH AM went into receivership when Pappas failed to make a March 26, 2012 “discounted payoff ” which would have allow the stations involved to “re-vest” with him as the original owner. However, lender Comerica Bank failed to receive payment. Pappas had been the initial trustee, managing it on behalf of the creditors. Pappas’ own stock in the company is now being contributed to the Liquidating Trust run by Shubert, under direction of the Federal bankruptcy court in Delaware.
KMPH 840 KHz replaced the original KTRB 860 KHz on July 10, 2006 when the Pappas Company, headed by Harry Pappas, moved KTRB to San Francisco. KMPH failed on August 31, 2010 but returned to the air in August of 2011 carrying Mexican religious programming being fed to the transmitter by satellite from a Texas company. Other than the contract engineer and a maintenance man, there are no local employees. Harry Pappas's nephew Jim Pappas, a company VP, managed KMPH during the year it was on the air and moved on to hold the same position with KTRB in San Francisco. He currently is an account representative for the Valley Yellow Pages.