Station Sales

Station Sales Week Of 12/8

Everett-Snohomish Broadcasting sells “Q Country 103.3” KMCQ Oak Harbor WA to Bustos Media for $1.2 million. The station will simulcast one of Bustos’ other two stations in the Seattle market: Regional Mexican “La Gran D 99.3” KDDS-FM Elma or “La Z 1210” KMIA Auburn-Federal Way. Salem Media’s Caron Broadcasting sells Spanish Christian “Radio Luz 1360” WKAT North Miami and 102.3 W272DS Miami (formerly 101.3 W267BW Sebring) to Nelson Voltaire’s Radio Piment Bouk for $3.5 million. An LMA will commence between January 1 and January 21, 2018. Catco Communications sells Classic Country 1360 WHNR Cypress Gardens FL to Ferris Waller Sr.’s Walco Enterprises for $100,000. After filing in August to transfer 88.3 KTCN Acton CA to S...Read More

Station Sales Week Of 12/1: An Italian Dance Revolution In South Florida

ANCO Media Group is petitioning the FCC to allow its group of Italian citizens to purchase Zoo Communications and its Dance “Revolution 93.5” network of 93.5 WBGF Belle Glade, 93.5 WZFL Islamorada, 93.5 W228BV Fort Lauderdale, and 93.5 W228BY Miami FL from Zoo Communications for $1 million. Claudio Dompe and Marco Mazzoli would each own a 40% stake of the company, while Dompe’s daughter Claudia Dompe and Mazzoli’s wife Stefania Pittaluga would each hold 10% stakes. Mazzoli serves as General Manager and host on the station and is known as “The Howard Stern of Italy” where he hosts “The Zoo” on the Radio 105 network. Claudio Dompe currently holds a 20% stake in Zoo Communications. After a previous $55,000 sale to Pentecostal Church of God earli...Read More

Station Sales Week Of 11/24: iHeart Says Aloha To WBFA Columbus GA

iHeartMedia’s Aloha Stations Trust sells Urban “98.3 The Beat” WBFA Fort Mitchell AL/Columbus GA to RCG Media for $1.1 million. J. Christopher Martin, the sole owner of RCG Media, is the son of PMB Broadcasting (which owns or operates six stations in the Columbus market) co-owner James R. Martin. Both James Martin and partner Lynn Page have put personal guarantees on the loan for WBFA’s purchase but will have no connection to the operation of the station. The younger Martin has worked in sales for PMB since 2009 but will exit that position to operate WBFA. Roberto Medina seeks to sell his 75% stake in Deportes y Musica Comunicaciones’ Silent 99.5 KRPH Morristown/Wickenburg AZ and “Que Buena 105.7” KQMX Lost Hills/Bakersfield CA to 25% holders SMG-M...Read More

Station Sales Week Of 11/17

Eure Communications is transferring Country “97.9 The Bear” WNBB Bayboro/New Bern NC to Diana Schulman for $500,000. Schulmann currently serves as Sales Manager for the station. Sarah Shellhammer’s Morgan County Media is acquiring Country 105.5 WJVO South Jacksonville, News/Talk 1550 WJIL South Jacksonville and Classic Hits 102.9 W275BM Jacksonville IL from Bart Boling’s Morgan County Broadcasting for $250,000. Shellhammer has served as General Manager of the stations since 1997. Alpha Media is selling the Construction Permit for 99.1 KZAH Harper TX to JAM Broadcasting for $125,000. Alpha had paid $408,000 in the 2015 FCC Auction 98 for the rights to the allocation. The buyers also own Country “103.7 The Buck” KAXA Mountain Home TX. On the fringes of the...Read More

EMF Acquires WJKE Saratoga NY

Educational Media Foundation will acquire AC “101.3 The Jockey” WJKE Stillwater NY from Empire Broadcasting for $550,000. The station serves the northern portion of the Albany NY market including Saratoga. The signal will be paired with EMF’s 94.5 WYKV Ravena/Albany whose coverage contour nearly ends where WJKE’s begins. Upon completion of the sale, Empire Broadcasting will retain Standards “Moon Radio 900” WABY Watervliet, AAA “106.1 The X” 1160 WAIX Mechanicsville/106.1 W291BY Albany, and Talk/Business “Empire News Network” 1240 WPTR Schnectady.

Vic Latino Splits From JVC Broadcasting; Acquires West Palm Beach Station

Vic ‘Latino’ Canales is exiting JVC Broadcasting and taking Oldies “True Oldies 95.9/106.9” 960 WSVU North Palm Beach FL with him. Canales will exchange his 151,110.94 Class A and 212,500 Class B membership units of JVC valued at $301,110.95 for WSVU and translators 95.9 W240CI North Palm Beach and 106.9 W295BJ Jupiter. His stock will be split evenly between the other JVC investors including CEO John Caracciolo, Paul R. Homer & Jana E. Homer, Janet LePorin & Dennis LePorin, Patrick Caracciolo, and James G. Schiff. Canales previously worked on-air at “Party 105” WPTY Long Island, “Party 95.3” WPYO Orlando, 103.5 WKTU New York, and XM Satellite Radio prior to returning to Long Island in 2007 to launch “98.5 La Fiesta” WBON...Read More

Station Sales Week Of 11/10

After closing on his $85,000 purchase of 1560 KKAA Aberdeen and 1380 KQKD Redfield SD from Family Stations, Robert Ingstad is transferring KKAA to I3G Radio for $60,000. Ingstad owns 1/3 of I3G Radio along with siblings Todd Ingstad and Tallie Colville. The family split the estate of their mother with sister Tanya ‘Tami’ Ingstad Knudson last week. John Cress’ Low Potosi LLC will acquire 96.7 K244CE Pahrump and 100.1 K261BZ Las Vegas NV from K244CE LLC for $1,000. The buyer states both translators will rebroadcast Faith Communications Christian AC 90.5 KSOS Las Vegas.

WTPA Harrisburg Sold To EMF

Patrick Sickafus has sold Rock 92.1 WTPA Palmyra/Harrisburg PA to Educational Media Foundation for $750,000. The station will become part of EMF’s “K-Love” Christian AC network which is currently heard in Harrisburg on 101.7 W269AS Carlisle. Sickafus purchased the station from Cumulus’ Potential Broadcasting Trust in 2012 for $530,000. Cumulus moved the Rock format from 93.5 to 92.1 as part of its mandated spin-offs to complete its then acquisition of Citadel. The station has featured a Rock format dating back to its launch on 104.1 in 1980. It then moved to 93.5 in 1985 and 92.1 in 2011. The seller is a touring Country artist under the name Pat Garrett who owns a sheepskin store and Classic Country 1510 WWSM Annvile-Cleona.

iHeart Sends Three To Divestment Trust

To complete its swap with Entercom to acquire Talk 680 WRKO, News/Talk 1030 WBZ, Urban AC “The New 97.7” WKAF, and Classic Rock 100.7 WZLX in Boston along with Variety Hits 96.5 Jack-FM” KJAQ, Classic Rock 102.5 KZOK, Sports “CBS Sports 1090” KFNQ in Seattle, iHeartMedia is placing three stations in a divestment trust. The Ocean States Trust is being created to operate Conservative Talk 1430 WKOX Everett MA, Alternative “Alt 102.9” KFOO Centralia WA and Rhythmic CHR 104.9 KUBE Eatonville WA. The trust will be managed by Jeanette Tully, who also oversees iHeart’s Aloha Stations Trust which holds fourteen stations across nine markets. Due to the need for the divestment trusts, iHeartMedia will not be able to begin operating WRKO, KFNQ, KJAQ, or...Read More

Station Sales Week Of 11/3

A sibling battle over the Estate of Janice Ingstad has reached a settlement with the broadcast assets being split two ways. Tanya ‘Tami’ Ingstad Knudson will receive the company’s South Dakota properties held under the name James River Broadcasting. Those stations include cluster in two markets. In Mobridge: Hot AC “Star 99” 99.5 KOLY-FM Mobridge, Country 100.7 KMLO Lowry/Mobridge, and Full Service AC 1300 KOLY Mobridge. In Pierre: CHR “River 92.7” KGFX-FM Pierre, Country 94.5 KPLO Reliance, Classic Hits “100.1 The Eagle” KJBI Fort Pierre, and Classic Country 1060 KGFX/107.1 K296FI Pierre. Knudson will also receive Midwest Information Systems. Todd Ingstad, Robert J. Ingstad, and Tallie Colville will each take 33% ownership stakes in th...Read More

Entercom Trades Boston & Seattle Spin-Offs To iHeartMedia For Richmond & Chattanooga

In the third spin-off announced as part of its DOJ settlement, Entercom will trade its remaining Boston and Seattle spin-offs to iHeartMedia for their clusters in Richmond VA and Chattanooga TN. iHeartMedia will receive CBS Radio’s News/Talk 1030 WBZ, Classic Rock 100.7 WZLX and Entercom’s Talk 680 WRKO and Urban AC “The New 97.7” WKAF in Boston and Variety Hits 96.5 Jack-FM” KJAQ, Classic Rock 102.5 KZOK, Sports “CBS Sports 1090” KFNQ in Seattle. In exchange Entercom will receive the following ten stations: Chattanooga: Variety Hits “98.1 The Lake” WLND, Country “US 101” 100.7 WUSY, CHR “103.7 Kiss-FM” WKXJ, and Rock “Rock 105” 105.5 WRXR as well as Urban “Real 96.1” W241AF/WUSY-HD2. Rich...Read More

Entercom Swaps 98.5 The Sports Hub Boston To Beasley For Magic 106.7

Entercom is trading Sports “98.5 The Sports Hub” WBZ-FM Boston to Beasley Media for AC “Magic 106.7” WMJX and $12 million cash. WBZ-FM will join a Beasley cluster that includes Alternative “Alt 92.9” WBOS, Rhythmic Hot AC “Hot 96.9” WBQT, Country 102.5 WKLB, Classic Hits 105.7 WROR, and Brokered Business 1330 WRCA/106.1 W291CZ. Entercom will add WMJX to its mix of former CBS Radio and Entercom stations that include Sports 93.7 WEEI-FM, CHR “103.3 Amp Radio” WODS, Hot AC “Mix 104.1” WBMX, Rock 107.3 WAAF, Sports “ESPN Radio 850” WEEI and WEEI-FM simulcast 1440 WVEI. Both companies will take over operations of their acquired stations via LMA when the CBS Radio/Entercom merger closes. Beasley Broadcast Group, ...Read More