Station Sales

Paul Coates & Mike Huckabee Take Branson Into New Directions

Paul Coates & Mike Huckabee’s New Directions Media Group LLC have announced their acquisition of Earls Family Broadcasting’s Branson MO stations for an undisclosed amount. The group had launched in 2015 with the debut of four stations in Pine Bluff AR and then expanded to the Tyler TX market earlier this year with the purchase of Waller Broadcasting. The stations included in the deal are Hot AC “My 100.1” KOMC-FM Kimberling City, Country “102.9 The Z” KHBZ Harrison AR, Classic Country 106.3 KRZK Branson, Full Service AC 900 KHOZ/94.9 K235CE Harrison AR, and Classic Hits 1220 KCAX/98.1 K251BZ Branson. Also included are local news site HometownDailyNews.com and cable channel “The Vacation Channel“. Tom Taylor Now adds that the company plan...Read More

Station Sales Week Of 10/13

Vincent Klepac’s Seaford Media is selling his two stations to separate buyers. Greg Bojko and A. Wray Fitch’s GSB Broadcasting will purchase “101.1 Jack-FM” WSUX-FM Snow Hill/Salisbury MD for $262,500 to join a cluster that includes Variety Hits “96.5 CTG” WCTG Chincoteague VA and Classic Country “Wow 101.5/87.7” WOWZ-FM Chincoteague and WOWZ-LP Salisbury. GSB also has begun operating “Shore Country 99.3” WVES Accomac VA and is currently simulcasting WOWZ as it plans to relaunch the station in November. Seaford Media then sells Regional Mexican “La Z 93.9” 1280 WSUX/93.9 W230CO Seaford DE to Ruby Lopez for $150,000. The sale of Educational Media Foundation’s 106.7 WKHL West Lafayette IN to Woof Boom Radio has a p...Read More

Entercom Narrows Down 16 Stations To Be Divested To Complete CBS Radio Merger

In order to complete its merger with CBS Radio, Entercom has agreed to divest sixteen stations in order to ensure regulatory approval. In a memo sent to CBS Radio employees CEO Andre Fernandez revealed that the following stations will be divested: Boston: CBS Radio’s News/Talk 1030 WBZ, Sports “98.5 The Sports Hub” WBZ-FM, Classic Rock 100.7 WZLX and Entercom’s Talk 680 WRKO and Urban AC “The New 97.7” WKAF. San Francisco: CBS Radio CHR “99.7 Now” KMVQ and Entercom AC 96.5 KOIT, Classic Rock “98.5 K-Fox” KUFX, and Urban AC 102.9 KBLX. Sacramento: CBS Radio’s AC “Mix 96” 96.1 KYMX, Hot AC “Now 100.5” KZZO, Country 105.1 KNCI, and Sports 1140 KHTK Seattle: CBS Radio’s Variety Hits “96.5 Jack...Read More

Station Sales Week Of 10/6

Robert Ingstad, Todd Ingstad, and Tallie Ingstad Colville are buying out the 25% stake of sister Tanya Ingstad Knudson in I3G Radio for $50,000. The three remaining siblings will increase their holdings in the company from 25% to 33.3%. I3G Radio LLC owns Farm “AG News 890” KQLX and Farm/Country “Thunder 106.1” KQLX-FM Lisbon/Fargo ND. I3G Radio will then purchase cousin Brooke Ingstad’s Radio Wahpeton-Breckenridge’s Country 1450 KBMW and Hot AC “B92.7” KBMW-FM Breckenridge MN for $925,000. Brooke Ingstad had purchased what became KBMW-FM from Robert Ingstad’s Basin Mediactive in 2016. for $275,000 and 1450 KBMW from her father James Ingstad’s Radio FM Media for $300,000. An LMA for the two stations started on September 1. Aasen P...Read More

Woof Boom Radio Expands To Lafayette IN

Woof Boom Radio is purchasing 106.7 WKHL West Lafayette IN from Educational Media Foundation for an undisclosed amount. Jim Stone will join the company to serve as Managing Partner for Woof Boom Radio Lafayette. Stone most recently ended 17 years in mornings at Midwest Family Broadcasting’s Rock “104.9 The X” WXRX Rockford IL and as OM/PD for other stations in that cluster. He also has programmed 107.5 WZZQ Terre Haute IN. EMF’s “K-Love” Christian AC programming will continue to be heard in the Lafayette market on 88.9 WLXJ Lafayette. Announcing the acquisition of WKHL 106.7 FM, West Lafayette, Woof Boom Radio continues its mission to build out great locally managed and owned radio stations. Woof Boom Radio began with a vision of great radio that focuses...Read More

Station Sales Week Of 9/30: KAHM Goes To La Campesina

The Cesar Chavez Foundation’s Farmworker Educational Radio Network is continuing its growth in Phoenix with the purchase of Southwest FM Broacasting’s Beautiful Music 102.1 KAHM and 101.7 K269EE Prescott and Southwest Broadcasting’s Talk 1490 KYCA/97.1 K246BI/103.5 K278CN Prescott AZ for $2.5 million through a new Phoenix Radio Broadcasting holding company. Phoenix Radio Broadcasting will pay $1.7 million for KAHM and K269EE and $800,000 for co-owned KYCA/K246BI/K278CN. KAHM holds a Construction Permit to relocate to Spring Valley AZ from the tower utilized by Riviera Broadcasting’s “Power 98.3” KKFR Mayer with 25.5kW/852m that requires the move of 94.3 KBUX Quartzsite AZ to 96.5 (now completed) and 101.9 KVGG Salome to 96.5. The buyer will also take on ...Read More

Entercom Divests 100.3 The Sound Los Angeles & Two Others To Educational Media Foundation

Update 9/27: Educational Media Foundation will pay $57.75 million for the three stations. Part of the deal includes an environmental assessment of the station properties and a clause that should a Remediation Assessment of the 95.9 WGGI facilities exceed $50,000, than EMF can remove that station from the deal by subtracting $275,000 from the purchase price. Both KSWD and WGGI will join EMF’s Christian AC “K-Love” network, while 92.1 KSOQ will join Christian CHR “Air 1“. All three stations have applied to convert to non-commercial status and main studio waivers. No LMA’s are included in the deal, which will not close until after the CBS Radio/Entercom merger is completed. Original Report 9/26: Educational Media Foundation will acquire three stations from ...Read More

Radio Vermont Finds A Buyer

After being owned by the Squier family since 550 WDEV Waterbury/Burlington VT was launched in 1931, Radio Vermont has been sold as longtime Vermont host and programmer Steve ‘Corm’ Cormier will take over operations. No terms have been released yet, but Cormier will begin operating Variety 550 WDEV/96.1 WDEV-FM Warren, Classic Hits “101 The One” 101.5 WEXP Brandon/101.7 WCVT Stowe, and Country “93.9 Vermont Country” WLVB Morrisville via LMA on October 1. Cormier programmed and hosted mornings at Classic Rock 106.7 WIZN from 1986-1997, and then Clear Channel’s “Champ 101.3” WCPV from 1998-2009. From 1992-2008 he was paired with University of Vermont basketball coach Tom Brennan for “Corm & The Coach”. The duo would host a...Read More

Station Sales Week Of 9/22

Todd Robinson’s KZLZ Inc. sells Classic Country 1250 KHIL and 98.1 K251CG Willcox AZ to John Oberreuter and Mark Lucke for $150,000. Lucke, who serves as Station Manager for KHIL and current sister Variety Hits “X-Wave 104.9” KWCX-FM will continue to operate KWCX-FM until that station completes its move to Tanque Verde in the Phoenix market. In a deal buried in a settlement agreement earlier this month, Viva Media LLC will convert their Time Brokerage of Caroline Smith’s Norteno 105.1 KAMT Channing/Amarillo TX to a purchase for $351,000 minus a $100,000 TBA payment. The deal was originally filed within a supplement to a petition to deny filed by Smith to Viva’s purchase of CHR “Wild 104.3” KQFX Borger/Amarillo from Tejas Broadcasting. Cameron University donates 89.1 KYCU ...Read More

Station Sales Week Of 9/15

Nearly three years after selling CHR “U93” 92.9 WNDV-FM South Bend, “Rock 97.7” WYXX Goshen, and 1980s Hits 102.3 WYET New Carlisle IN to Sound Management LLC, Artistic Media Partners is reacquiring the three stations for $3.4 million. Sound Management had paid $3.5 million for the stations in October 2014, but the owners of that company also make up the management and part of the ownership of Artistic. The deal reunites the three FMs with Standards 1620 WDND South Bend and two FMs in Bloomington IN. The estate of Joel Kinlow sells Silent 101.5 KAVH Eudora AR to Larry Fuss’ Contemporary Communications for $75,000. Contemporary owns Country “Kix 92.7” WMYQ Moorhead MS and Fuss is a partner in Delta Radio Network which owns six stations across the Mi...Read More

Dick Broadcasting Acquires Three Markets From Alpha Media

Dick Broadcasting will acquire Alpha Media’s eighteen stations and two translators in Kinston/New Bern/Jacksonville NC, Myrtle Beach SC, and Savannah GA. Update 9/12: Alpha Media and Dick Broadcasting have filed the first portion of this deal with the FCC. Dick will pay $14.5 million for the New Bern and Myrtle Beach clusters and $5 million for Savannah. As we reported earlier, the LMA of the three markets will commence on Monday, September 25, however the filing of the sale of the Savannah market stations will not made until August 1, 2019 and will not close until 12/31/19. Original Report 9/5: Dick currently owns two stations in Greeensboro/Winston-Salem NC: Classic Rock “Rock 92” 92.3 WKRR and CHR 107.5 WKZL. The company previously operated in Birmingham, Knoxville, an...Read More

Station Sales Week Of 9/8

Christian Broadcasting of Greenwood sells CHR “Hot 1240” WGRM and Urban Oldies “Blazin 93.9” WGRM-FM Greenwood MS to Donald Pugh’s Eternity Media Group for $105,000. Snake River Radio purchases Christian Talk 1490 KRTK Chubbuck/Pocatello ID from Inspirational Family Radio for $20,000. Humboldt State University acquires Hot AC “95.5 The Bay” KBAE Trinidad/Eureka CA from Airen Broadcasting Company for $70,000. The university has begun operating the station via LMA and has flipped the station to Spanish Public News/Talk “Radio Bilingue“. John Higgs is buying out the 75% of Broadcast South and its eight stations and one translator in south central Georgia that he doesn’t own for $1.05 million. The company owns Regional Mexican “...Read More