Station Sales

Station Sales Week Of 9/15

Nearly three years after selling CHR “U93” 92.9 WNDV-FM South Bend, “Rock 97.7” WYXX Goshen, and 1980s Hits 102.3 WYET New Carlisle IN to Sound Management LLC, Artistic Media Partners is reacquiring the three stations for $3.4 million. Sound Management had paid $3.5 million for the stations in October 2014, but the owners of that company also make up the management and part of the ownership of Artistic. The deal reunites the three FMs with Standards 1620 WDND South Bend and two FMs in Bloomington IN. The estate of Joel Kinlow sells Silent 101.5 KAVH Eudora AR to Larry Fuss’ Contemporary Communications for $75,000. Contemporary owns Country “Kix 92.7” WMYQ Moorhead MS and Fuss is a partner in Delta Radio Network which owns six stations across the Mi...Read More

Dick Broadcasting Acquires Three Markets From Alpha Media

Dick Broadcasting will acquire Alpha Media’s eighteen stations and two translators in Kinston/New Bern/Jacksonville NC, Myrtle Beach SC, and Savannah GA. Update 9/12: Alpha Media and Dick Broadcasting have filed the first portion of this deal with the FCC. Dick will pay $14.5 million for the New Bern and Myrtle Beach clusters and $5 million for Savannah. As we reported earlier, the LMA of the three markets will commence on Monday, September 25, however the filing of the sale of the Savannah market stations will not made until August 1, 2019 and will not close until 12/31/19. Original Report 9/5: Dick currently owns two stations in Greeensboro/Winston-Salem NC: Classic Rock “Rock 92” 92.3 WKRR and CHR 107.5 WKZL. The company previously operated in Birmingham, Knoxville, an...Read More

Station Sales Week Of 9/8

Christian Broadcasting of Greenwood sells CHR “Hot 1240” WGRM and Urban Oldies “Blazin 93.9” WGRM-FM Greenwood MS to Donald Pugh’s Eternity Media Group for $105,000. Snake River Radio purchases Christian Talk 1490 KRTK Chubbuck/Pocatello ID from Inspirational Family Radio for $20,000. Humboldt State University acquires Hot AC “95.5 The Bay” KBAE Trinidad/Eureka CA from Airen Broadcasting Company for $70,000. The university has begun operating the station via LMA and has flipped the station to Spanish Public News/Talk “Radio Bilingue“. John Higgs is buying out the 75% of Broadcast South and its eight stations and one translator in south central Georgia that he doesn’t own for $1.05 million. The company owns Regional Mexican “...Read More

Carolina Panthers GM Turns WZGV LMA Into Purchase

HRN Broadcasting is selling Sports “730 The Game” WZGV Cramerton/Charlotte NC and the CP to move 104.5 W283AR Higgston GA to 97.5 in Charlotte to Marty Hurney’s 2G Media Inc. for $900,000. Hurney was General Manager of the NFL’s Carolina Panthers from 2002-2012 before returning this summer as Interim GM through the completion of the upcoming season. After exiting the first time he joined WZGV as a host in June 2014 and then began operating the station via Time Brokerage Agreement in January 2015. Before making the move to football management in the 1980s, Hurney was a sportswriter for the Washington Times.

More WBRU Sale Details

Brown Broadcasting Service has announced that Educational Media Foundation will begin operating 95.5 WBRU Providence on September 1 at 12:00am. WPRI-TV reports that EMF will be paying $5.63 million for the station, which will be used to create an endowment to fund the two streams, podcast network, and educational opportunities that Brown Broadcasting Service will continue to operate under the WBRU name. The station intends to find a terrestrial signal to carry its currently Sunday airing “The 360 Degree Experience in Sound” which features Urban and Urban AC programming. That and the primary Alternative Rock formats will both become 24/7 streams at WBRU.com. Update 8/25: It appears a buyer has been found for Brown Broadcasting Service Alternative 95.5 WBRU Providence RI. While n...Read More

Aerostar Communications To Purchase KEGH Salt Lake City

SLC Divestiture Trust II has announced the sale of 107.1 KEGH Woodruff/Salt Lake City UT to Michael Call’s Aerostar Communications for $1.1 Million. This follows a failed 2015 sale of the station to Nicolas Vicente’s AASAA Media for $1.8 million. Following the failed closing of the station this past April, the station dropped its simulcast of Regional Mexican “La Raza 1550” KMRI West Valley City and went silent. Call is also President of Mav Media, which owns Regional Mexican “104.7 Mi Preferida” KNIV Lymon WY/Salt Lake City and began operating KEGH as Spanish AC “Placer 107.1” earlier this month. Aerostar Communications, LLC, a Utah Limited Liability Company, Michael V. Call Manager has entered into an agreement to purchase KEGH-FM (Woodruff, UT) ...Read More

Woof Boom Radio Expands To Lima

Woof Boom Radio has announced it will acquire Childers Media Group and its five stations in Lima OH. Woof Boom, which currently owns six stations in Muncie IN, will add Country “92.1 The Frog” WFGF Wapakoneta, Sports “93.1 The Fan” WWSR Lima, Classic Rock “104.9 The Eagle” WEGE Lima, Classic Hits “Fun 107.1” WDOH Delphos, and “Sportstalk 940” WCIT Lima. Terms of the deal have not been announced. Childers Media Group purchased the cluster from Maverick Media in 2013 for $2.1 million. Matt Childers will remain with Woof Boom to operate the Lima market. Beginning with a vision of great radio that focuses on service to the local community, Woof Boom Radio now grows with the addition of five Lima Ohio area stations. Woof Boom Radio is ...Read More

Station Sales Week Of 8/25

Latino Public Radio is converting its LMA of 1290 WRNI Providence RI from Rhode Island Public Radio to a $400,000 purchase. If the buyer resells the station within two years of the closing date, Rhode Island Public Radio will receive 1/2 of the net above the $400,000 price. Ten years after selling “Coyote Country 106.3” WKNU Brewton AL, Ellington Radio Inc. is reacquiring the station from Jack Floyd’s WKNU Radio Inc. in exchange for forgiveness of the $843,420 owed by the buyer from their 2007 purchase of the station. WKNU Radio Inc. agreed to acquire the station in January 2007 for approximately $1,386,764.76 to be made in monthly installments of $10,049.02 over 138 months plus 6% interest. Iglesia Pentecostes El Lirio de Los Valles is assigning its agreement to purchase...Read More

Station Sales Week Of 8/18

Clearwater Communications sells AC “Big Hits 99.3” WKTJ-FM Farmington ME to Kathadin Communications for $525,000. The buyer owns Sports 1240 WSYY and Hot AC “The Mountain 94.9” WSYY-FM Millinocket ME. After taking Sports “ESPN Hawaii” 850 KHLO Hilo/790 KKON Kealakekua HI silent rather than repoint their satellite dishes, Pacific Media Group is donating the two stations to King’s Cathedrals and Chapels with a $195,000 valuation. Cristian Martinez acquires Regional Mexican “Maria 1380” KVSM Santa Maria CA from Ether Mining Company for $300,000. The price will include the purchase of KVSM’s translator 102.1 K271BV Orcutt from Edgewater Broadcasting, however the amount being paid for the translator nor the actual filing of that purchase were incl...Read More

MARC Radio Begins Gainesville Shuffle

MARC Radio has flipped Christian AC “106.9 The Pulse” WPLL Cross City/Gainesville to Classic Country “I Am Country” simulcasting 980 WDVH/94.1 W231DH Gainesville. WPLL was required to drop its format as part of a non-compete in the spinoff of 101.7 WDVH-FM Trenton. That station will drop out of the WDVH Classic Country format on Thursday, August 17 and join Radio Training Network’s non-commercial Christian AC “The Joy FM” network as its sale is finalized. The divestiture of WDVH-FM will enable MARC Radio to close on its acquisition of Classic Hits “Wow 100.9” WXJZ Gainesville from JVC Broadcasting. Original Report 5/24: MARC Radio is selling 101.7 WDVH-FM Trenton FL and acquiring 100.9 WXJZ Gainesville. MARC will pay $500,000 to purchas...Read More

Lazer Broadcasting Acquires Three In Reno

Lazer has filed its acquisition of Active Rock “Z105.3” KZTI Fallon Station, CHR “106.3 Pop-FM” KWNZ Lovelock, and Conservative Talk “107.3 K-News” KNEZ Hazen NV with the FCC. Lazer will pay $425,000 for the three stations and will begin operating the three stations via LMA today. Update 8/3: Bighorn Media has completed the flip of 104.1 KRZQ Fallon/Reno NV to Soft Oldies “Easy 104.1” KUEZ. Shamrock has parked the KRZQ call letters on the former 105.9 KZNV Amargosa Valley NV, which holds a CP to move to 106.1 where it will rimshot into Las Vegas. Shamrock has also announced the sale of the remainder of its Reno cluster to Lazer Broadcasting (and not Entravision as we incorrectly noted below). Active Rock “Z105.3” KZTI Fallon Stati...Read More

Station Sales Week Of 8/11

Ohio Midland Newsgroup agrees to purchase Sports “OV Sports” 1430 WEIR Weirton WV/Steubenville OH and 94.9 W235BX Colliers WV, Classic Hits “106.3 The River” WCDK Cadiz OH/Wheeling WV, and the CP to move 94.7 W234AV Punxsatawney PA to 102.1 Weirton from Priority Communications for $700,000. After acquiring News/Talk “107.7 The Pulse” WTPL Hillsboro/Concord NH along with two other stations from Great Eastern Radio for $2.6 million, Dirk Nadon’s Lakes Media turns around and sells WTPL to Binnie Media for $1.3 million. Binnie has also begun operating WTPL via LMA. Richard Brabandt sells Oldies 1550 WOCC Corydon IN to Dawn Fowler and Timothy Jackson’s Two Hawks Communications for $115,000. St. Francis Mission sells Variety 96.1 KINI Crookston NE ...Read More

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