Claim: KATY originally is owned by Martha Fahnoe, through licensee Dimes Media Corporation, but was originally owned by Morden R. Buck and John R. Rider under the name of licensee San Luis Broadcasting Company but was then sold KATY to Sweetheart of San Luis Obispo Inc., who held them for 14 years, selling the station and its FM counterpart (now KSLY) to Grandy Broadcasting Inc.
Evidence: The station originally was owned by Morden R. Buck and John R. Rider under the name of licensee San Luis Broadcasting Company. 
The station is owned by Martha Fahnoe, through licensee Dimes Media Corporation, and broadcasts an Alternative rock format.