KOEL-FM

KOEL-FM (branded as K98.5) is a radio station serving Waterloo, Cedar Falls, and surrounding cities with a modern country format. This station broadcasts on FM frequency 98.5 MHz and is owned by Townsquare Media. KOEL used to be broadcast on the FM frequency of 92.3 while 98.5 was then known as KKCV "The Hog". The change came on the heels of a Cumulus Media reshuffling of station/format resources.

KOEL-FM

City	Cedar Falls, Iowa
Broadcast area	Waterloo-Cedar Falls
Branding	K98.5
Slogan	The Cedar Valley's #1 For New Country
Frequency	98.5 MHz
First air date	January 7, 1994 (as KKCV)
Format	Modern Country
ERP	15,000 watts
HAAT	129 meters (423 ft)
Class	C3
Facility ID	66780
Call sign meaning	K OELwein
Former call signs	KKCV (1994-2003)
Owner	Townsquare Media (Townsquare Media Waterloo License, LLC)
Sister stations	KCRR, KKHQ-FM, KOEL
Webcast	Listen Live
Website	k985.com

On August 30, 2013, a deal was announced in which Townsquare Media would acquire 53 Cumulus stations, including KOEL-FM, for $238 million. The deal was part of Cumulus' acquisition of Dial Global; Townsquare and Dial Global are both controlled by Oaktree Capital Management.[1][2] 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.[3] In December 2016, the Federal Communications Commission approved Townsquare's request to reacquire the stations from the divestiture trust.[4]