VM Broadcasting sells Spanish Tropical “La Kalle” 1340 WHAT/99.9 W260CZ Philadelphia to Sabatino Cupelli’s Philly Radio Inc. for $75,000.
Vincent Clark’s Fire Media acquires 1220 WENC Whiteville NC from Godwin Communications for $35,000. An LMA took effect on July 10.
Perryton Radio sells Classic Country 1400 KEYE/96.7 K244FS and and AC “93.7 My-FM” KEYE-FM Perryton TX to Oscar Hernandez’s Sanhernandez Broadcasting LLC for $250,000.
Cantino Nuevo Ministry Inc. transfers 1580 WNYG Patchogue NY and 103.3 KDFM Falfurrias TX to their private non-profit Iglesias De Evangelizacion Misioneras Jovenes Cristianos de Estados Unidos Inc. Cantino Nuevo Ministry Inc. then transfers 1530 WJDM Mineola/97.5 W248CG New York to their Radio Cantico Nuevo Inc.
Translator Sales
John Graham’s Graham Broadcasting LLC acquires 96.9 W245CA Fort Wayne IN from Adams Radio Group for $350,000. The deal is structured with $125,000 down and the remainder in a promissory note at 6.75% interest. The deal also includes $610 per month fees for tower
occupancy, internet connectivity, and electricity as well as a $900 per month lease of 107.9 WJFX-HD3 New Haven IN with a 3% annual escalator for years 4-10. Graham is running a funding campaign to launch Autism awareness focused “The Spectrum” on the station.
Red Apple Media buys 96.5 W243ES Medford NY from Cantico Nuevo Ministry for $400,000. The translator will rebroadcast 1370 WLID Patchogue, which in turn simulcasts 770 WABC New York.
