Station Sales

Station Sales Week Of November 7

Station Sales 4-K’s LLLP is converting their lease of 1550 KDCO/94.1 K231BQ Golden, CO for “Mile High Sports Radio” into an outright buy. Vic Michael’s Advanced Modulation Broadcasting will receive $550,000 for the station and translator. Bristol Broadcasting is acquiring Silent 1350 WNVA and 106.3 WNVA-FM Norton, VA from Radio Wise, Inc. for $35,000. The stations have been off the air due financial and health hardships of the owners. The equipment and studio/transmitter sites of both stations were sold at public auction. Bristol intends to apply to relocate WNVA-FM to a new location within 90 days in order to expedite its return to the air. North Face Broadcasting is trading Classic Hits “106.5 The Fox” KCIJ Atlanta, LA to Educational Media Foundation f...Read More

Adelante Media Continues Sell-Off In Boise

Adelante Media Group is selling its two Boise area stations to Kevin Terry’s JLD Media for $850,000. JLD will begin operating Regional Mexican “101.9 La Gran D” KDBI Emmett and Spanish CHR “Latino 106.3” KQTA Homedale, ID via LMA on December 1. Kevin Terry owns ten stations and ten translators in Montana operating as Montana Radio Company. Adelante Media has now sold off fifteen of its radio stations and one of its television stations in the past six weeks. Lazer Broadcasting acquired its Sacramento and Modesto stations for $2.9 million, while Bustos Media purchased its nine Washington state stations for $6 million. Adelante Media still has clusters of 1 FM and 1 TV in Milwaukee and 1 AM, 2 FMs, and 1 TV in Salt Lake City.

Disney Sells KMIC Houston

Radio Disney has sold off the first of its pending 23 divestitures as it sells 1590 KMIC Houston to DAIJ Media for $3.2 million. The buyer, headed by Rafael and Ruben Villarreal, owns four other AMs and one FM translator in the Houston market: 880 KJOZ Conroe, 980 KQUE Rosenburg, 1380 KRCM Shenandoah, and 1460 KBRZ/95.1 K236AR Missouri City. DAIJ Media also owns three LPTV’s, while the Villarreal brothers are also the principal owners of five non-commercial FM’s under the Aleluya Broadcasting Network umbrella.

Cherry Creek Buys One In Helena; Takes Two Dark

Cherry Creek Radio is making changes to its Helena, MT cluster. On Wednesday, November 5, News/Talk simulcast 1240 KBLL Helena and 1340 KCAP Helena will go dark. To take their places Cherry Creek has agreed to purchase Standards “Classy 950” KMTX/96.3 K242BB Helena from Montana Radio Company. The KCAP call letters and the News/Talk format will move to 950/96.3. Following the sale Montana Radio Company will still have four FM’s in the Helena market, while Cherry Creek Radio will have one AM and four FM’s.

105.5 The Whale Gets Beached

Update 11/4: Just one month after its launch, “105.5 The Whale” is no more as Flagler Broadcasting began operating the station via Time Brokerage Agreement ahead of its purchase on November 1. Now simply identifying by its frequency with a streamlined Classic Hits format, it appears as though the station will eventually relaunch as “Beach 105.5” duplicating the format at soon to be sister Variety Hits “Beach 92.7” WBHQ Beverly Beach. Flagler Broadcasting registered Beach1055.com on 10/24 and a Facebook page is already live for the new station. Original Report 10/24: David Mitchell’s Air Augustine has sold 105.5 WALE St. Augustine Beach, FL just months after acquiring the station and weeks after launching a new format. In June, Air Augustine purchas...Read More

University of Missouri Adds Second Columbia FM

The University of Missouri has announced it is acquiring 90.5 KWWC-FM Columbia, MO from Stephens College for $50,000 and an additional $50,000 in underwriting. KWWC-FM will become the University of Missouri’s second station in Columbia joining Public Talk/Classical 91.3 KBIA. Upon closing of the sale, Missouri plans to move the Classical music programming to 90.5. At that time KBIA will air Public News/Talk programming from 4am to 7pm daily and Classical music at night. Stephens College will keep the Variety programming of KWWC-FM alive via the internet following the sale. KWWC-FM operates with 1.25kW at 40 meters covering much of Columbia proper.

West Virginia Radio Corporation Expands Into Martinsburg/Hagerstown

West Virginia Radio Corporation is purchasing Prettyman Broadcasting’s three stations in the Hagerstown, MD/Martinsburg, WV market. The stations involved are Classic Country “95.9 The Big Dawg” WICL Williamsport MD, AC 97.5 WLTF Martinsburg, and Sports “ESPN 1340” WEPM Martinsburg. No purchase price has been announced but WVRC will assume control of the stations via LMA on November 1. The Morgantown based West Virginia Radio Corporation is owned by Greer Industries and owns clusters in Beckley, Charleston, Elkins, Morgantown, WV and Cumberland, MD. Andrew Powaski, Market Manager for the company’s Morgantown and Cumberland stations, will add the new acquisitions to his duties.

Station Sales Week Of 10/31

Station Sales Chesapeake-Portsmouth Broadcasting is acquiring Gospel 1600 WCPK Chesapeake, VA from Christian Broadcasting of Chesapeake in exchange for building out the seller’s 1400 WPCE Portsmouth and a one year free lease for that station’s antenna. Following the first year, WPCE will pay a lease price starting at $600 a month with a 5% annual increase for 15 years. Chesapeake-Portsmouth has been operating 1600 WCPK via Time Brokerage Agreement since January. Following the sale it will join a local cluster including Christian Preaching 1010 WPMH Portsmouth, Gospel “The Light 1270” WTJZ Newport News, and Conservative Talk “1650 The Answer” WHKT Portsmouth. The Estate of Albert Pereira is selling “NBC Sports 620” KIGS Hanford/Visalia, CA to ...Read More

Forever Broadcasting & Keymarket Licenses To Merge

Three of Kerby Confer and Donald Alt’s broadcast holding companies are merging. Forever of PA, LLC, Keymarket Licenses, and Forever Broadcasting LLC will merge into FM Radio Licenses, LLC. The combined company will own 45 stations and 1 translator in Pennsylvania, Ohio, and West Virginia including Forever’s stations in Altoona, Johnstown, Meadville/Franklin, New Castle, State College and Keymarket’s stations in Pittsburgh and Uniontown, PA and Wheeling, WV. The FCC filing states estate planning as the reason for the merger. Following the closing of the transaction on December 31, ownership of FM Radio Licenses will be split as such: 34% – Judy Alt Irrevocable Trust (Donald Alt, Trustee) 22% – Kerby Confer Granted Annuity Trust (Kerby Confer, Trustee) 18% ̵...Read More

TSJ Radio Wins Battle Of Lessees To Buy Columbus Duo

Bernard Radio is selling Spanish AC “Mega 103.1” WVKO Johnstown and Gospel “1580 The Praise” WVKO Columbus, OH to TSJ Radio for $743,750. TSJ has been operating WVKO-FM via Time Brokerage Agreement, while the AM is operated by Gold Chip Broadcasting. The latter group has held an option to buy both stations since December 2012. Gold Chip was given thirty days to negotiate its own mutually agreeable purchase agreement. Josh Guttman led TSJ Media operates Spanish language newspapers and magazines in nine midwestern markets and in addition to WVKO-FM the company operates “Mega 97.7” WOXY Mason/Cincinnati and “Mega 87.7” WLFM-LP Cleveland via Time Brokerage Agreements.

Forcht Broadcasting Buys Three In Central Kentucky

Commonwealth Broadcasting Company is selling three Central Kentucky stations to Forcht Broadcasting. Adult CHR “Q104” WCKQ Campbellsville, “K-Country 105.7” WGRK-FM Greensburg, and Sports “ESPN Radio 1450” WTCO Campbellsville will be transferred for an undisclosed price. Forcht Broadcasting Corporation of Corbin has reached a definitive agreement with Commonwealth Broadcasting Company of Marion and Taylor Counties to purchase the assets of radio stations WCKQ-FM “Q-104” and WTCO-AM “ESPN Radio” in Campbellsville and WGRK-FM “K-Country 105.7” in Greensburg. The agreement is subject to approval by the Federal Communications Commission (FCC). “We’re very excited about adding these stations to the Forcht Broadcasting family. They have a long history of servi...Read More

Station Sales Week Of 10/24

Edward Walker’s Cityworks Community Broadcasting is selling AAA “101.5 The Music Place” WVMP Vinton/Roanoke, VA to William Amos’ Community Media Group for $175,000. iHeartMedia acquires the CP for 93.3 W227CX Magnolia Park/West Palm Beach from Way Media for $100,000. W227CX will rebroadcast an HD subchannel of 92.1 WRLX West Palm Beach. Shamrock Communications purchases the CP for 106.1 K291BX Las Vegas from Broadcast Towers for $15,000. Jonah Creek Media is disbanding its operations in two transfers. 88.9 KXMP Blowout and 99.1 K256BX Luckenbach, TX will be transferred to the newly formed Sun Radio Foundation. 100.1 K261DW Austin will go to Township Media, LLC doing business as SunRadio.com. Both transfers are for no consideration. All three frequencies will continu...Read More

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