Station Sales

Hip-Hop Record Execs Purchase Rochester Translator

A new Urban station appears to be on its way to Rochester NY after the $650,000 purchase of 105.5 W288CS Fairport by Bluelight Communications. Bluelight is a partnership of Lester Pace and Manny Bella. Pace spent 17 years as National Director of Promotions for Interscope Records and also worked on-air in the 1990s at Radio-One Urban 97.9 KBXX Houston. Bella owns record promtions company Citiboy Entertainment and has also served as Senior VP of Urban Music at Atlantic Records and General Manager of Motown Records. W288CS holds a CP to move to downtown Rochester with 250w/153m from the top of the Xerox Building where it will rebroadcast an HD subchannel of Entercom’s 98.9 WBZA. It currently rebroadcasts Sports “The Team” 1310 WRSB Canandaigua/1590 WOKR Brockport. That stati...Read More

Station Sales Week Of 7/21

Station Sales Shamrock Communications is selling Alternative 104.1 KRZQ Fallon/Reno NV to John Burkavage’s Big Horn Media for $200,000. Burkavage was the previous General Manager of Shamrock’s Reno cluster until retiring in 2015. He also spent a decade with Entercom as the Market Manager of its Scranton/Wilkes-Barre and Greenville/Spartanburg clusters. He is currently operating the station via LMA, while Shamrock retains its other three FMs in the Reno market. After going silent rather than converting its satellite dish, Continental Broadcasting Corp. of Arizona sells 1480 KPHX Phoenix to Cedar Cove Broadcasting for $100,000. In the Atlanta suburbs, Multicultural Broadcasting sells Brokered Caribbean 1430 WGFS Covington GA to Light Media Holdings for $50,000. Jon Yinger’s...Read More

Grant County Broadcasting Purchases 105.9 WNKN Cincinnati

Update:WVXU’s John Kiesewetter now updates stating that no agreement to keep the AAA format is included in the deal to acquire WNKN. Grant County Broadcasting head Jeff Ziesmann told Kiesewetter, “Very early on in negotiations, we discussed keeping the format provided NKU would finance the purchase of the station. It quickly rejected the proposal.” Original Report 7:30pm: Following the sale of AAA 89.7 WNKU Highland Heights KY/Cincinnati OH to Bible Broadcasting and 104.1 WNKE New Boston OH to Educational Media Foundation in February, Northern Kentucky University has found a buyer for the third station in its former network. Grant County Broadcasting, owners of Classic Country 106.7 WNKR Williamstown KY, will purchase 105.9 WNKN Middletown OH for $4 million cash and $1.3 ...Read More

Townsquare Media Acquires Six In Massachusetts

Townsquare Media will pay $3,535,000 for Gamma Broadcasting LLC and Berkshire Broadcasting’s stations in the Pittsfield MA market. Gamma will also first pay $20,000 to Northeast Airchecks LLC for 94.1 W231AK Great Barrington and then transfer that to Townsquare as part of their deal. Original Report 7/7: Townsquare Media has agreed to purchase Gamma Broadcasting LLC and Berkshire Broadcasting’s six stations and two translators in the Pittsfield MA market for an undisclosed amount. The sale will include Hot AC “Live 95.9” WBEC-FM Pittsfield, Classic Hits “Whoopee 100.1” WUPE-FM North Adams/1110 WUPE Pittsfield/103.3 W277CJ Pittsfield/94.1 W231AK Great Barrington, Full Service AC 860 WSBS Great Barrington, AC 1230 WNAW North Adams, and News/Talk 1420 WBEC ...Read More

Adams Radio Expands To Tallahassee

Adams Radio will pay $6,197,000 for Red Hills Broadcasting’s four Tallahassee stations. Hank Kestenbaum, President of Red Hills, will join Adams as General Manager of the cluster, a role he held prior to purchasing the stations from Opus Broadcasting in 2014. Original Report 7/10: Adams Radio has announced the acquisition of Red Hills Broadcasting’s four stations in Tallahassee FL. The stations involved in the deal are Variety Hits “99.9 Hank-FM” WANK Lafayette, Country “103.1 The Wolf” WWOF Tallahassee, CHR “Hot 104.9” WHTF Havana, and AAA/Classic Rock “106.1 The Sound” WQTL Tallahassee. No terms have been announced. Red Hills Broadcasting has agreed to sell its radio cluster in Tallahassee, Florida to Adams Radio of Tallahassee,...Read More

Station Sales Week Of 7/14

Translator Sales Windy City Broadcasting sells 96.7 K244EX Las Vegas NV to Cesar Chavez Foundation’s Farmworker Educational Radio Network for $400,000. While K244EX will rebroadcast iHeartMedia’s 95.5 KWNR-HD3 Las Vegas, both will allow they buyer’s rimshot Regional Mexican “96.7 La Campesina” KYLI Bunkerville to expand its coverage in the market. Farmworker Educational Radio Network is also purchasing Silent 101.9 K270BZ Phoenix AZ from Riviera Broadcasting in a deal not yet filed with the FCC according to broker Kalil & Co. K270BZ will rebroadcast recently acquired 860 KNAI Phoenix to allow the group to move to a full-time commercial signal from their shared time non-commercial 88.3 KNAI-FM Phoenix. Station Sales Catholic Radio of the High Plains is add...Read More

Station Sales Week Of 7/7

Norsan Communications is expanding to Charleston SC with the purchase of Spanish CHR “El Sol” 980 WAZS Summerville/103.9 W280EX North Charleston and 1480 WZJY Mount Pleasant/95.7 W239AL Fernandina Beach FL and two low-power TV stations in the market from Thomas Daniels’ Jabar Communications for $850,000. Norsan owns stations in Charlotte NC, Columbia SC, and Jacksonville FL. In a deal not yet filed with the FCC, Capps Broadcast Group is selling its six stations in Pendleton OR and Walla Walla WA to Randy McKone’s Elkhorn Media Group for an undisclosed amount. The stations involved in the deal are: Classic Hits “92.1 Party-FM” KUMA-FM Pilot Rock, Country “103.5 K-Wheat” KWHT Pendleton, CHR “Hot 107.7” KWVN Pendleton, Sports “...Read More

Station Sales Week Of 6/30

Akal Broadcasting will purchase Brokered Indian “Desi 1250” KKDZ Seattle from Universal Media Access for $500,000. The purchase will become Akal’s second Seattle market station along with “Radio Punjab” 1560 KZIZ Pacific/Tacoma. Universal Media Access had purchased KKDZ from Disney in 2015 for the same $500,000 price. Adams Radio has sold Oldies 1500 WAKE Valparaiso IN to Marion Williams for $26,000. Williams owns Rhythmic CHR “Smokin 99.1” Buchanan MI/South Bend IN and Urban Talk 1370 WLTH Gary IN as well as stations in Georgia and Mississippi. White Communications purchases Oldies 1390 KNCK/98.3 K252EY and Hot AC 94.9 KNCK-FM Concordia KS from KNCK Inc. for $600,000. White owns 990 KRSL and 95.9 KRSL-FM in Russell KS. Translator Sales After their...Read More

More American General Media/Univision Albuquerque Sale Details

And the final piece of the puzzle has been revealed. BB Broadcasting will pay $750,000 for CHR “Z106.3” KDLW Los Lunas from American General Media. BB is led by Thomas Bozzuto who operates a Maryland based Real Estate Management company. BB will enter into a pair of agreements to operate the station. American General Media will provide back office services for the station and agree to a $66,000 deal over five years to utilize their equipment at the tower site. BB has also agreed to a Time Brokerage Agreement for Vanguard Media, who is purchasing 101.3 KJFA-FM, to provide programming and marketing services. Update 6/26: The first round of filings for the deal have been made with the FCC giving more details about its structure. American General Media will pay $5 million for Univi...Read More

Station Sales Week Of 6/23: Sinclair Purchases KOMO-FM

Sinclair Broadcasting is exercising its option to purchase 97.7 KOMO-FM Oakville and 97.7 K249DX Redmond WA from South Sound Broadcasting for $6.75 million. Sinclair and predecessor Fisher Broadcasting have operated KOMO-FM since May 2009 via LMA as a simulcast of News 1000 KOMO Seattle. Hunt Broadcasting sells AAA “105.9 The Wave” KYSJ Coos Bay OR back to former owner Lighthouse Radio Group for $5,000 and the cancellation of all debts and financial obligations owed by Hunt to Lighthouse for the original purchase and studio and tower rental. Lighthouse, which also owns Christian “98.7 K-Light” KYTT Coos Bay, sold KYSJ to Hunt in 2015 for $135,000. John Hunt took KYSJ silent earlier this month due to his failing health. Educational Media Foundation is swapping 97.9 K...Read More

Pandora Exits Station Ownership

Pandora Media has sold Hot AC “Hits 102.7” KXMZ Box Elder/Rapid City SD to Haugo Broadcasting for $300,000. Haugo owns three other stations in the Rapid City market: Rock “95.1 KSKY” KSQY Deadwood, Country “Kick 104” 104.1 KIQK Rapid City, and Sports “ESPN Rapid City” 1340 KTOQ/105.7 K289AI Rapid City. Pandora had originally agreed to purchase KXMZ from Connoisseur Media in June 2013 for $600,000 and began operating the station via LMA in order to make the company able to pay lower royalties thanks to a loophole in rates paid by broadcast station owners as opposed to internet based operators. The sale was originally denied by the FCC on the grounds of then former foreign ownership rules following a Petition to Deny by ASCAP. Following appeals...Read More

Station Sales Week Of 6/16

Bustos Media is purchasing Casa Media Partners’ Regional Mexican “La Maquina 98.7” KMNA Mabton/Yakima, “La Vaquera” 101.7 KLES Prosser, and “Envisora 1310” KZXR Prosser WA for $800,000. Casa Media Partners is currently in Chapter 11 bankruptcy protection. An ownership restructuring is taking place at South Asian station operator XL Media as “Radio Punjab” 1560 KZIZ Pacific/Tacoma, 100.5 K263BJ Richland WA and 660 KGSV Oildale/102.5 K273CB Bakersfield CA are transferred to Akal Broadcasting for no consideration. Akal Broadcasting owns 620 KIGS Hanford, 1210 KRPU Rocklin/Sacramento, and 1310 KMKY KMKY Oakland with 30% of its stake held by the owners of XL Media. Charlie Banta and Sandra Miller’s Universal Stations are acquiring Brok...Read More

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