Station Sales

iHeartMedia Seeks To Take WCZR Out Of Trust

iHeartMedia has filed to take Hot Talk 101.7 WCZR Vero Beach, FL out of the Aloha Stations Trust. WCZR, which simulcasts 94.3 WZZR Riviera Beach/West Palm Beach, had been in the divestiture trust since 2008 when then Clear Channel was taken private and lost some of its grandfathered caps allowing ownership of more stations in certain markets. Stating in the application that the divestiture of an unspecified station in the Fort Pierce/Stuart/Vero Beach allows iHeart to fit WCZR under the six station ownership limit in the market. The only recent divestiture was the 2013 sale of 94.7 WPHR Gifford from the Aloha Trust to R&S Radio in 2013. iHeart also owns Country “Wave 92.7” WAVW, Classic Hits 103.7 WQOL, AC “Kool 105.5” WOLL (targeting the adjacent West Palm Bea...Read More

Station Sales Week Of 3/6

With Alpha Media closing on its acquisition on Access.1’s nine stations in Shreveport and Tyler, the two stations that Access.1 had to place in a trust in 2103 are being returned. Cosecha Communications will transfer Regional Mexican simulcast “La Invasora” 92.1 KSYR Benton, LA and 92.3 KCUL-FM Marshall, TX to Access.1, while Alpha Media will take over operations of the stations via a Facilities, Services and Personnel Agreement. Golden City Broadcast has exercised its option to convert its LMA of Mandarin Chinese 93.5 KADD Logandale, NV/Las Vegas from M&M Broadcasting for $2.26 million. East Valley Institute of Technology is purchasing the CP for 88.7 KPNG Chandler, AZ from Arizona Community Media Foundation for $700,000. EVIT operates CHR “Teen Pulse Radio...Read More

Station Sales Week Of 2/27

Station Sales Just months after closing on its acquisition of “Mile High Sports” 1550 KDCO/94.1 K231BQ Golden/Denver, CO, 4-K’s LLLP is transferring the duo to Marco Broadcasting Company for $875,000. Marco is run by Marc “Uncle Kokua” Paskin, a former radio personality turned real estate investor/philanthropist. In addition to acquiring 104.5 KMCQ Covington/Seattle for $7 million, Educational Media Foundation acquires one half of the Classic Country “Bear” simulcast in eastern North Carolina. 98.9 WNBR-FM Bethel/Greenville goes from Coastal Carolina Radio to EMF for $700,000. In a deal not yet filed with the FCC, Mark Jensen’s MWB Broadcasting sells Classic Hits 1370 KAWL and AC “Mix 105” 104.9 KTMX York, NE to Nebraska Rural Rad...Read More

Family Radio Returns To New York

Family Stations restored its programming to New York City today as 1560 WQEW flipped to the Family Radio network and WFME call letters this morning. The closing of the acquisition of the station from Radio Disney restores WFME to the New York dial for the first time since Cumulus closed on 94.7 WFME Newark, NJ in January 2013. Original Report 11/21: Radio Disney has found a buyer for 1560 WQEW New York in the late Harold Campings’ Family Radio. For $12.95 million, Family Radio programming will return to New York City for the first time since the organization sold 94.7 WFME Newark, NJ to Cumulus for $40 million and 106.3 Mount Kisco, NY in 2013. At the time of the sale, Family made its intent known that it wished to acquire an AM station in the market. Disney has operated WQEW since D...Read More

Salem Acquires Disney Properties In Atlanta & Pittsburgh

Salem Media is adding two more properties from Radio Disney’s portfolio. Salem’s South Texas Broadcasting subsidiary will pay $2.75 million for 590 WDWD Atlanta. The purchase gives Salem a sixth station in the Atlanta market joining Christian AC “104.7 The Fish” WFSH-FM Athens, Conservative Talk “920 The Answer” WGKA Atlanta, Christian Preaching simulcast “Faith Talk 970” WNIV Atlanta/1400 WLTA Alpharetta and Business Talk “Biz 1190” WAFS Atlanta. In Pittsburgh, Salem’s Pennsylvania Media Associates adds 1250 WDDZ Pittsburgh for $1 million. WDDZ will become Salem’s third station in the market joining Christian Preaching combo 730 WPIT and 101.5 WORD-FM Pittsburgh. Salem has been the busiest partner in Radio Disney̵...Read More

Station Sales Week Of 2/20

Kevin Terry’s JLD Media is transferring its recently acquired Regional Mexican 100.7 KPDA-FM Mountain Home and “La Gran D” 106.3 KDBI Homedale/Boise, ID to Rancho Radio, LLC for no consideration. The new ownership group will see Terry holding 75% interest and Scot Matthews holding 25%. Matthews’ Mav Media owns Regional Mexican “104.7 La Preferida” KNIV Lymon, WY/Salt Lake City. Digity Media is acquiring the CP for 96.3 W242CI Jupiter, FL from Calvary Chapel Church for $70,000. Digity will rebroadcast an HD subchannel of 102.3 WMBX Jensen Beach/West Palm Beach. Sun Broadcasting is selling 900 WBML Macon/105.1 W286CE Fort Valley, GA to Macon Urban Radio Alliance for $125,000. Macon Urban Radio Alliance began operating the stations via Time Brokerage Agreem...Read More

Station Sales Week Of 2/13

Station Sales Radio Disney continues its sell off as 990 WMYM Miami is sold to Actulidad Radio Group for an as yet undisclosed price. Actulidad operates Spanish News/Talk trimulcast 1020 WURN Kendall/1040 WLVJ Boynton Beach/107.1 WURN-FM Key Largo. Adib Eden, President of Actulidad Radio Group states his intent to use the 990 signal to improve the reach of its news programming in South Florida. Westplex Broadcasting is transferring Rock “100.7 The Viper” KFNS-FM Troy, MO to Viper Broadcasting for the assumption of $318,750 in debt. The new ownership group is made up of two of the previous’ partners. Steve Kaspar will retain his 40% stake, while Chris Blevins increases from 20% to 60% as John & Brandy Scheper exit. A previous restructuring in November 2013 never close...Read More

Boise’s Bull Moves To 101.9

KQBL and its “Bull” Country format will make its move from 100.7 to 101.9 at midnight tonight. After a few days of simulcasting on both frequencies, 100.7 will return to the KPDA call letters and Regional Mexican “La Poderosa” that was used from 2008 until the launch of the Bull in 2014 under new owners JLD Media. The previous occupant of the 101.9 frequency, Regional Mexican “La Gran D” KDBI moved to 106.3 last month. Original Report 1/6: Just before Christmas, Impact Radio Group announced the sale of 100.7 KQBL Mountain Home/Boise to JLD Media for $200,000. Now a second part of the deal has dropped. With JLD Media closing on its acquisition of Regional Mexican “101.9 La Gran D” KDBI Emmett and Spanish CHR “Latino 106.3” KQTA Homedale from Adelante Medi...Read More

Station Sales Week Of February 6

Translator Sales University of Northwestern-St. Paul is selling a pair of translators to Beasley Media Group for $200,000. $150,000 is allocated towards 106.5 W293CK Clearwater, FL which will rebroadcast Business “Moneytalk 1010” WHFS Seffner/Tampa. $50,000 goes towards 104.3 W282BY Fort Myers, which will be used to rebroadcast “ESPN Deportes 770” WJBX North Fort Myers. iHeartMedia purchases 96.3 W242BF Springfield, FL from Way Media for $75,000. W242BF will be used to rebroadcast “Fox Sports 590” WDIZ Panama City. Zimmer Radio purchases the CP for 106.5 K293BW Columbia, MO from Radio Assist Ministry for $50,000. Zimmer lists 106.9 KTXY Jefferson City as the originating station. First Ventures Capital Partners sells 94.1 K231BM Poplar Bluff, MO to Eagle ...Read More

Bible Broadcasting Acquires KXOT Seattle

Public Radio Capital is selling 91.7 KXOT Tacoma/Seattle to Bible Broadcasting Network for $2.4 million. PRC has been seeking an operator for KXOT for a few years now. From 2006 until July 2012 KXOT was operated by the University Of Washington as KUOW2, a secondary service of their 94.9 KUOW-FM Seattle. After a period off-the-air, KXOT has simulcast the audio of cable public affairs network TVW, a local equivalent of C-SPAN since the start of 2013. Greg Guy of Patrick Communications served as the exclusive broker for the transaction

Station Sales Week Of 1/30

Cumulus Media purchases 101.1 W266AN Lawrenceburg, KY from Finley Willis for $5000. Cumulus intends to file an application to relocate the translator closer to Lexington where it will rebroadcast News/Talk 590 WVLK Lexington. CBL Investments is selling Classic Hits 98.9 KRQX-FM Hurricane/St. George, UT to Craig Hanson’s Redrock Broadcasting for $250,000. Hanson, the former President of Simmons Media currently operates KRQX via LMA and owns Hot AC “Mix 103.1” KURR Hildale in the St. George market. Richard Witkovski’s North Texas Radio Group is acquiring Classic Country 1550 KMAD Madill, OK from Keystone Broadcasting for $40,000. The Benett Kessler Trust transfers AC “Sierra Wave Radio” 92.5 KSRW Independence, CA and sister LPTV KSRW-LP Mammoth Lakes to Sc...Read More

WTJU Adds Richmond Rimshot

The University of Virginia’s 91.1 WTJU Charlottesville, VA will begin operating Fifth Estate Broadcasting’s Full Service Talk 1430 WHAN/102.9 W275BQ Ashland, VA via LMA on Sunday, February 1. The start of the LMA will commence with a flip of WHAN/W275BQ to a simulcast of WTJU’s programming. WTJU airs a diverse format consisting of blocks of Classical, Jazz, Blues, Rock, and some PRX programming. StyleWeekly.com reports that WTJU is in negotiations to allow Virginia Commonwealth University’s student-run webcaster WVCW.org to broadcast on WHAN/W275BQ from 6pm-1am daily. The University of Virginia also has signed an option to buy the stations if it desires at a later date.