Station Sales

Station Sales Week Of 6/26

Moves made by Educational Media Foundation and Bob Stevens’ Broadcast Communications in recent months have now converged as the two groups agree to exchange three stations and a translator. Broadcast Communications and subsidiary Broadcast Educational Communications will send Silent 88.1 WKJL Clarksburg, WV and 106.9 WRIJ Masontown, PA/Morgantown, WV to EMF in exchange for 95.9 WDKL Grafton, WV and 95.3 W237CX Bridgeport, WV. Broadcast Communications acquired both stations from He’s Alive, Inc. last year for a combined $375,000. EMF applied earlier this month to relocate WDKL to Loch Lynn Heights, MD which will enable it to become BCI’s fourth station serving the Oakland, MD market. BCI will enter into a Network Affiliation Agreement with EMF to place “K-Love”...[Read More]

Daly XXL Converts WMEX Boston LMA To Purchase

Blackstrap Broadcasting has sold Conservative Talk 1510 WMEX Boston to Daly XXL Communications for $175,000. The buyers have been operating the station via Time Brokerage Agreement since March when the previous TBA with Kevin “Dr. K” Wallis’ Wallis Communications was abruptly ended. Daly XXL is made up of Mary Catherine and Henry Remmer of Wilmington, NC and her brother Bryan Berner, who has served as GM of WMEX under Wallis and Daly XXL. The station most recently made news for rejecting iHeartMedia’s offer to carry Rush Limbaugh. Blackstrap Broadcasting purchased then 1510 WWZN and 620 WSNR Newark, NJ from Rose City Radio in 2007 for $20.5 million. A sale of both stations to Media Americas Corporation in 2011 for $23.46 million never closed. WSNR was then sold last...[Read More]

Disney Sells Bay Area Affiliate

Radio Disney has sold 1310 KMKY Oakland, CA to Radio Mirchi, Inc. for $600,000. Radio Mirchi President Sukhdev Dhillon and CEO Charanjit Batth are involved in groups buying stations across California. They own “Radio Punjab” 620 KIGS Hanford as New Media Broadcasting. Their Spice Radio Inc. is in the process of acquiring 1210 KEBR Rocklin/Sacramento and 1210 KQEQ Fowler/Fresno. Dhillon is a member of the Board of Mountain View Public Broadcasting, which is buying 87.9 KSFH Mountain View/San Jose. KMKY operates with 5kW fulltime. The facility is best known for its long run as KDIA when it was the Bay Area’s R&B/Soul station. Disney acquired the station in 1998 for $6.25 million.

Station Sales Week Of 6/19

Translator Sales LLC acquires the CP for 93.7 W229CG Cleveland from Kevin Youngers for $90,000. The translator will rebroadcast Radio Advantage One’s Liberal Talk 1460 WABQ Painesville, which has applied to convert from commercial to non-commercial status. Alpha Media acquires SSR Communication’s 103.5 K278CF Tallulah, LA for $200,000. K278CF holds a CP to relocate to Jackson, MS as W278BW and will be utilized by Alpha to rebroadcast Gospel 1300 WOAD Jackson. Progressive Broadcasting System sells 99.7 W259BJ Warsaw, IN to Federated Media’s Talking Stick Communications for $60,000. W259BJ will rebroadcast News/Talk “1480 News Now” WRSW Warsaw. Mega Media LLC donates 94.1 K231CL McAllen, TX to Organizacion LLC for no consideration. Station Sales Key Pl...[Read More]

Station Sales Week Of 6/12

Station Sales Towers Investment Trust is selling Active Rock “103.7 The Eagle” KZGL Flagstaff, AZ to Rick Murphy’s Murphy Air LLC for $850,000. Murphy owns a cluster of stations serving the Laughlin, NV/Lake Havasu City, AZ, but this will be his entrance into Flagstaff. Towers Investment Trust purchased KZGL out of receivership in 2010 for $350,000. Family Stations is selling Silent 1460 KARR Kirkland/Seattle to engineer James Dalke for $3000. KARR has been operating from a temporary tower site under an STA since its previous site was sold to become a housing development and did not renew its lease with the station. Hawkeye Communications sells Country 1360 KLYR Clarksville, AR to Ozark Communications for $100. Both the buyer and seller are owned by husband and wife Jerry...[Read More]

Station Sales Week Of 6/5

Station Sales Susan Uecker, the bankruptcy court appointed receiver for Pappas Radio of California, has sold Spanish Sports “ESPN Deportes 860” KTRB San Francisco to John Douglas’ U.S. International Radio for $6.5 million. Deportes Media of California, which operates the station via LMA, has right of first refusal to purchase the station through June 21, but has stated to the seller that it will not exercise that option. Mark Heller’s Metro North Communications sells Easy Listening 98.9 WEMP Two Rivers, WI to Seehafer Broadcasting for $380,000. WEMP will join a Seehafer cluster including AC “Lake 98.1” WLKN, Classic Rock “Q102.3” WQTC, and Talk 1240 WOMT. WEMP already operates out of the same building as Seehafer’s stations. Brown Malon...[Read More]

Salem Acquires Disney Stations In Boston & Dallas

Radio Disney continues its sell-off with the divestment of two more stations to Salem Media. Salem’s Pennsylvania Media Associates will acquire 1260 WMKI Boston for $500,000, while Inspiration Media of Texas adds 620 KMKI Plano/Dallas for $3 million. WMKI will becomes Salem’s fourth property in the Boston market joining Christian Preaching “590 The Word” WEZE, “Spirit of Boston” 950 WROL, and Spanish Christian “Radio Luz 1150” WWDJ. The acquisition will lead to questions of whether Salem will bring a Conservative Talk “Answer” to Rush Limbaugh’s need for a new Boston affiliate. KMKI will be Salem’s sixth property in the Dallas market. The company owns Christian AC 94.9 KLTY, Christian Preaching “100.7 the Word...[Read More]

FCC Gives Final Approval Of Pandora’s KXMZ Purchase

Update 6/2: The FCC has given full approval granting the transfer of Hot AC “Hits 102.7” KXMZ Box Elder/Rapid City, SD from Connoisseur Media to Pandora Radio. In a supplemental pleading to the FCC as part of its Petition To Deny, ASCAP stated “that Pandora is motivated by obtaining the benefits of copyright licensing payment terms applicable to broadcasters rather than by a sincere desire to become a broadcaster; and that grant of the Petition could lead to the collapse of the collective copyright licensing system, to the detriment of copyright owners, the broadcasting industry, and American society in general”. The FCC responds that “ASCAP fails to establish any likelihood that the KXMZ(FM) acquisition would result in a court victory for Pandora. ASCAP’s pre...[Read More]

Q104.5 Seattle Bids Adieu

With the FCC approving the sale of “Q104.5” KMCQ Covington/Seattle, WA to Educational Media Foundation, the station signed-off its Classic Hits format just before midnight on Sunday evening before EMF relaunched the station as Christian AC “K-Love” KLSW later this afternoon. The sale had held up following a petition to deny by William Resler over the pending change of format, license modification to non-commercial status, and main studio waiver. As the FCC does not get involved in format changes the petition was denied. Update 2/27: EMF will be paying $7 million of KMCQ. As it does whenever it acquires a commercial stations, it will apply to...[Read More]

Station Sales Week Of May 29

Station Sales Colorado Public Radio is swapping Indie Rock “Open Air” 1340 KVOQ Denver to Cedar Cove Broadcasting for Spanish Christian “Radio Nueva Vida” 88.3 KRKY-FM Fort Collins and the cancellation of a $100,000 promissory note due to Cedar Cover affiliate Mountain Community Translators by Colorado Public Radio. Horizon Broadcasting Group is transferring impending Portland move-in 96.3 KWLZ-FM West Linn, OR to 3 Horizons LLC, a partnership between Horizon and 3 Cities Broadcasting. 3 Cities owns AC “Mixx 96.1” KXXO Olympia/Tacoma, WA, which is required to build a new facility before KWLZ-FM moves into the Portland market. Both stations Construction Permits expire August 31. The University of Sioux Falls is selling 94.5 KCFS Sioux Falls, SD to Badland...[Read More]

Alpha Media Acquires Morris Radio

Alpha Media will be paying $38,250,000 for Morris Communications radio holdings. The purchase will consist of $18,250,000 in cash and the issuance of 8,196,722 shares in Alpha Holdings valued at $20 million and 8,196,722 shares in Alpha Holdings II valued at $6,585. The addition of Classic Rock “100.9 The Eagle” KXGL Amarillo and Classic Country “Country Legends 106.9” KTPK Topkea from JMJ Broadcasting will cost Morris $8,650,000 as the company exercises their option agreement to purchase the stations. Those stations will then be rolled into Alpha’s purchase of Morris. Additionally, Alpha began operating all of the Palm Springs/Victor Valley stations involved in the deal via LMA on May 15. Original Report 5/18: Morris Communications is selling its radio divisi...[Read More]

Station Sales Week Of 5/22: Evolution Expanding To Florida Keys & Disney Sells Seattle

Alex Media sells the CP for 93.5 WZFL Islamorada/Key Largo, FL to Zoo Communications for $620,000. Marco Mazzoli, the principal in Zoo Communications is the new operator of iHeartMedia’s Dance “Evolution 93.5” W228BY Miami and will simulcast that format. Radio Disney continues its sell-off with the divestment of 1250 KKDZ Seattle to Universal Media Access for $500,000. The buyers Charlie Banta and Sandra Miller of Mercury Capital Partners also own Brokered stations in suburban Boston, Long Island, and San Jose. Beasley Media is subtracting one of its Fayetteville, NC stations as it sells 1160 WYDU Red Springs to WEDU Broadcasting for $75,000. The buyer operates Gospel/Talk formatted 1340 WAGR Lumberton, 1460 WEWO Laurinburg, and 1600 WIDU Fayetteville. Alex Media also sel...[Read More]