Station Sales

Station Sales: Week Of 10/3

Long Point Communications is purchasing the assets of Finger Lakes Radio Group out of a bankruptcy auction for $3.375 million. Long Point is a partnership of Bruce Danziger and Eric Sivertsen. Danziger owns stations in Pittsfield, MA under the Gamma and Berkshire Broadcasting names, Burlington, VT under Vox AM/FM, and Marion and Kokomo, IN as Hoosier AM/FM. Included in the purchase are seven stations and five translators: AC 98.5 WNYR-FM Waterloo, Classic Rock “99.3 The Wall” WLLW Seneca Falls, Country “K101.7/104.5” 101.7 WFLK Geneva/1550 WCGR Canandaigua/104.5 W283BF Canandaigua, News/Talk 1240 WGVA/96.1 W241AW Geneva, Country “96.9/101.9 WFLR” 1570 WFLR Dundee/96.9 W245BL Dundee/101.9 W270BY Watkins Glen, and News/Talk 1590 WAUB Auburn/98.1 W251AJ Mel...Read More

Riverfront Broadcasting Acquires Seven In Iowa

Yankton, SD based Riverfront Broadcasting is expanding into Iowa with the purchase of six stations and a translator from NRG Media. Included in the sale are Country 1600 KLGZ/98.5 K253BJ and 92.7 KLGA-FM Algona, News/Talk 1590 KWBG Boone, AC “97.7 The Bolt” KHBT Humboldt, AC “Q95.7” KQWC-FM and Oldies “The Kruise 1570” KQWC Webster City. Riverfront currently operates stations in Pierre, Mitchell, and Yankton, SD and Nebraska City, NE. NRG is in the process of acquiring Woodward Communication’s stations in Waterloo, IA and will still own seven stations in Illinois, sixteen in Nebraska, and thirteen in Wisconsin. NRG Media LLC announced today the sale of its Northwestern Iowa radio properties in Algona, Humboldt, Webster City, and Boone to Riverfront...Read More

CBS And Beasley Swap Philadelphia/Miami For Charlotte/Tampa

CBS Radio and Beasley Broadcasting have agreed to exchange 19 stations in four markets. CBS will acquire five stations from Beasley: Country 92.5 WXTU and Rhythmic CHR “Wired 96.5” WRDW-FM Philadelphia along with Sports 560 WQAM, Rhythmic CHR “Power 96” WPOW-FM, and Country “99.9 Kiss Country” WKIS in Miami. Heading to Beasley are fourteen stations including CBS’ entire Charlotte and Tampa clusters: CHR “Kiss 95.1” WNKS, Urban “Power 98” 97.9 WPEG, Urban AC “V101.9” WBAV, Country “The New 103.7” WSOC, AC “K104.7” WKQC, Sports “610 The Fan” WFNZ, and Sports “CBS Sports Radio 1660” WBCN Charlotte, Spanish CHR “Maxima 92.5” WYUU, Rhythmic CHR “Wild 94...Read More

Whale Watching In Saint Augustine

Air Augustine has closed on its purchase of Hot AC 105.5 WYRE-FM St. Augustine, FL and has quickly flipped it to Adult Rock “105.5 The Whale“. The station is promoting “St. Augustine’s Quality Rock From The 70s To Now” and that it will be fully live and local. The ownership group behind Air Augustine is full of prior radio experience. The new ownership group is made up of three people with radio experience. David Mitchell will serve as President of the Company with a 55% share. Mitchell is based in the Charlottesville, VA region where he once owned 107.5 WUMX (Now News/Talk WCHV-FM). Joseph Riley, owner of four stations in the Albany, NY area holds a 30% stake. Former 98.7 KLUV Dallas Program Director Peter Zolnowski has 15% of the company.

iHeartMedia Acquires Twin Cities Translator

iHeartMedia is adding another translator to its portfolio in the Minneapolis/St. Paul market. United Broadcasting System is selling 96.7 W244CS Hudson, WI to iHeartMedia for $300,000. The currently silent W244CS holds a Construction Permit to relocate its tower site to south of St. Paul with 71 watts at 101.5 meters (Coverage Map). iHeartMedia states its intent to rebroadcast 107.9 KQQL Anoka on the translator, perhaps to give Alternative “Alt 93.3” W227BF Shoreview/KQQL-HD2 additional coverage in the St. Paul side of the market.

Los Angeles Dodgers Renew With KLAC; Take Equity Stake

iHeartMedia and the Los Angeles Dodgers have agreed to a new multiyear agreement to renew their radio broadcast rights for the team’s games on 570 KLAC Los Angeles. The new agreement covers rights to all regular season and postseason games as well as select spring training games. KLAC will also continue to air “Dodger Talk” with Kevin Kennedy, David Vassegh and Jorge Jarrin before and after each game. KLAC and the Dodgers will work to collaborate on additional programming. Vin Scully intends to return in 2015 for his 66th season broadcasting the Dodgers. The first three innings he broadcasts are simulcast on radio and television before Charlie Steiner and Rick Monday takeover the rest of the radio broadcasts. The deal will also see the Dodgers ownership group take an equity sta...Read More

Station Sales 9/26

Note To Readers: As we mentioned in yesterday’s FCC Applications column we are breaking off the Station Sales report into a separate column to run every Friday. Sea-Comm Media sells 95.9 W240AS Wilmington, NC and claims it will sell 103.7 WBNE Wrightsville Beach, NC to Sunrise Broadcasting. In two separate deals, American General Media will sell 1000 KKIM Albuquerque and 1410 KERI Bakersfield to Wilkins Radio. Station Sales Scott Thompson’s BIG Radio acquires “Oldies 1490” WGEZ Beloit, WI from Alliance Communications for $150,000. WGEZ will join a local cluster including Talk “Big 1380” WTJK South Beloit, IL and Rock “105.9 The Hog” WWHG Evansville, WI. Gregory Communications acquires 560 WGAI Elizabeth City, NC from Max Media for $100,000. G...Read More

SOCO Radio Grows In Pueblo

Mike Knar’s SOCO Radio is expanding its portfolio in Pueblo, CO. SOCO has agreed to begin operating United States CP’s Classic Hits “I25 Oldies” 94.7 KFVR-FM Beulah and Talk “I25 Talk” 690 KWRP Pueblo/93.9 K230BB Fowler/100.3 K262BB Boone via LMA. SOCO currently operates Soft AC “Easy 101.3” KFEZ Walsenburg, CHR “Power 103.3” Colorado City, Classic Country 780 KCEG Fountain, and Standards 890 KJME Fountain all via LMA. No word on the status of the current format have been included. KFVR-FM will lose its simulcast with 1530 KCMN Colorado Springs and KWRP will lose its simulcast with 1040 KCBR Monument/Colorado Springs as those two AMs were not included in the new lease with SOCO Radio.

Sea-Comm Sells Wilmington Translator And WBNE?

Sea-Comm Media is selling 95.9 W240AS Wilmington, NC to Sunrise Broadcasting for $200,000. The original sale contract had the purchase price redacted as the agreement stated that Sunrise would amend the contract at a later date to acquire 103.7 WBNE Wrightsville Beach. The FCC filing states that the transfer of WBNE “may not occur for some time”. Sea-Comm currently leases WBNE to Davis Media who operates the station as News “Port City Radio“. The sale agreement states that Sea-Comm must give Davis Media 30 days notice before the sale will close. Davis had been leasing all of Sea-Comm’s stations before outright purchasing 93.7 WNTB Topsail Beach, 98.3 WUIN Oak Island, and 106.3 WUDE Bolivia earlier this year. Sea-Comm also sold 1180 WLTT Carolina Beach to Carol...Read More

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