Station Sales

Entercom LMA’s Sacramento & San Francisco Stations To Bonneville

Bonneville International will LMA Entercom’s required spin-offs in Sacramento and San Francisco. Bonneville International will gain control of four of CBS’ five stations in Sacramento: AC “Mix 96” 96.1 KYMX, Hot AC “Now 100.5” KZZO, “New Country 105.1” KNCI, and “Sports 1140” KHTK. Bonneville also will operate four stations in San Francisco: CBS Radio CHR “99.7 Now” KMVQ and Entercom AC 96.5 KOIT, Classic Rock “98.5 K-Fox” KUFX, and Urban AC 102.9 KBLX. No sale agreements are in place yet as the licenses will be held by the Divestiture Trust. Bonneville will begin operating the stations as soon as the Entercom/CBS Radio merger closes later this month. Rhythmic CHR 102.5 KSFM will remain with Entercom and jo...Read More

Lazer Broadcasting Acquires Remainder Of Casa Media Properties

The bankruptcy sell-off of Casa Media Partners has come to an end as Lazer Broadcasting agrees to acquire its remaining seven radio stations and one translator for $1.7 million. Lazer will acquire the “La Maquina Musical” Regional Mexican network of 100.5 KMQA East Porterville/Visalia/Bakersfield, 100.5 KMEN Mendota, 103.1 KAAT Oakhurst/Fresno, 100.9 KAEH Beaumont/San Bernardino, 103.7 KIQQ-FM Newberry Springs/Barstow and 1310 KIQQ Barstow as well as Soft AC “Soft Hits 1060” KTNS Oakhurst/Fresno and 104.3 K282AE Oakhurst (with CP to move to 107.9 in Victorville rebroadcasting KIQQ). Lazer owns or is in the process of purchasing 32 stations in California and Nevada. Casa Media Partners has been in Chapter 11 bankruptcy since 2015. It sold its three stations in Washin...Read More

Station Sales Week Of 10/27

William and Susan Amos’ Community Media Group is selling AAA “101.5 The Mountain” WVMP Vinton/Roanoke VA to Todd Robinson’s Lynchburg Radio Group for $250,000. Robinson’s WVJT Inc. previously filed to purchase the station in August 2016 for $600,000 but that deal was later withdrawn. WVMP began simulcasting on 102.5 WBZS Shawsville in January. Michael ‘Buzz Corona’ Hernandez’s Western Radio Ltd. purchases 690 KWRP/93.9 K230BZ Pueblo and 100.3 K262BB Boone CO from United States CP for $80,000. Hernandez had been programming the stations and 94.7 KFVR-FM Beulah as Classic Hip-Hop “The Buzz” for previous LMA operator SoCo Radio. Three months after acquiring 102.3 KHKF Island City OR for $50,000, Xana Oregon sells it and 101.3 K267CE ...Read More

Portland AM Duo Sold

Pamplin Media Group has announced it will sell Talk 860 KPAM Troutdale OR and Standards “Sunny 1550” KKOV Vancouver WA in the Portland market to Tron Dinh Do’s Intelli LLC. No terms have been announced yet. Pamplin states it is selling the stations to focus on its publishing operations and expand the digital reach of a group built around the Portland Tribune and 24 community newspapers in the region. Intelli owns four other stations focusing on brokered foreign language programming across the country with one in Atlanta, one in Dallas, and two in San Jose. Pamplin Communications Corporation has announced the sale* of KPAM (AM) and KKOV (AM), serving Portland, Oregon, to Intelli, LLC. Pamplin Media Group made the decision to sell its radio stations in order to fully concen...Read More

Cumulus Converts Chicago LMAs To Purchase

Cumulus Media is converting its LMA of Classic Rock “97.9 The Loop” WLUP and Alternative “101 WKQX” 101.1 WKQX Chicago from Merlin Media into an outright purchase. Cumulus will pay the greater of $70 million minus the aggregate amount of LMA fees or $50 million for the two stations as it exercised the put and call agreement within ninety days of the fourth anniversary of the LMA. Cumulus began operating WKQX and WLUP on January 3, 2014. The two stations join News/Talk 890 WLS and Classic Hits 94.7 WLS-FM in Cumulus’ Chicago clustr. The deal marks the end of Randy Michaels’ Merlin Media, which was formed in 2011 with the purchase of these two stations and 101.9 WRXP New York from Emmis and quickly flipped WKQX and WRXP to its ill-fated “FM News̶...Read More

K-Love Expands Its San Francisco Presence

Educational Media Foundation has purchased 89.3 KRSA Moss Beach and 103.3 K277CH San Francisco CA from Bill Lacy’s Broadcast Towers Inc. and Educational Public Radio Inc. for $414,000. The two signals will complete EMF’s “K-Love” coverage in the San Francisco Bay Area to fill in holes where its 107.3 KLVS Livermore does not reach. KRSA serves Daly City, South San Francisco and San Mateo south of the city while K277CH holds a CP to upgrade from 10w to 99w/378m to cover San Francisco proper. EMF’s 88.9 K205BM San Rafael currently covers San Francisco itself but holds a CP to relocate to Oakland from a tower near Berkeley where it will fill-in gaps in the East Bay with 250w vertical/453m.

Station Sales Week Of 10/20

Hearst News/Talk 1090 WBAL Baltimore has found its path to FM as the company purchases the CP for 101.5 W268BA Church Hill MD from Hope Christian Church of Marlton for $650,000. Educational Media Foundation sells 101.5 K268AH Palm Springs CA to Marker Broadcasting for $200,000 to rebroadcast an HD subchannel of 95.9 KJJZ Indian Wells. The translator became redundant to EMF when it acquired what is now 105.1 KLXB Bermuda Dunes. EMF is also buying in multiple areas. It will pay Audion Communications $250,000 for the CP of 104.1 KRXC Murrieta/Temecula CA to join its Christian CHR “Air 1” network. EMF will also acquire “Christian 107.3” WCLN-FM Clinton/Fayetteville NC from Christian Listening Network for $1.2 million. WCLN-FM will join its Christian AC “K-LoveR...Read More

Paul Coates & Mike Huckabee Take Branson Into New Directions

Paul Coates & Mike Huckabee’s New Directions Media Group LLC have announced their acquisition of Earls Family Broadcasting’s Branson MO stations for an undisclosed amount. The group had launched in 2015 with the debut of four stations in Pine Bluff AR and then expanded to the Tyler TX market earlier this year with the purchase of Waller Broadcasting. The stations included in the deal are Hot AC “My 100.1” KOMC-FM Kimberling City, Country “102.9 The Z” KHBZ Harrison AR, Classic Country 106.3 KRZK Branson, Full Service AC 900 KHOZ/94.9 K235CE Harrison AR, and Classic Hits 1220 KCAX/98.1 K251BZ Branson. Also included are local news site HometownDailyNews.com and cable channel “The Vacation Channel“. Tom Taylor Now adds that the company plan...Read More

Station Sales Week Of 10/13

Vincent Klepac’s Seaford Media is selling his two stations to separate buyers. Greg Bojko and A. Wray Fitch’s GSB Broadcasting will purchase “101.1 Jack-FM” WSUX-FM Snow Hill/Salisbury MD for $262,500 to join a cluster that includes Variety Hits “96.5 CTG” WCTG Chincoteague VA and Classic Country “Wow 101.5/87.7” WOWZ-FM Chincoteague and WOWZ-LP Salisbury. GSB also has begun operating “Shore Country 99.3” WVES Accomac VA and is currently simulcasting WOWZ as it plans to relaunch the station in November. Seaford Media then sells Regional Mexican “La Z 93.9” 1280 WSUX/93.9 W230CO Seaford DE to Ruby Lopez for $150,000. The sale of Educational Media Foundation’s 106.7 WKHL West Lafayette IN to Woof Boom Radio has a p...Read More

Entercom Narrows Down 16 Stations To Be Divested To Complete CBS Radio Merger

In order to complete its merger with CBS Radio, Entercom has agreed to divest sixteen stations in order to ensure regulatory approval. In a memo sent to CBS Radio employees CEO Andre Fernandez revealed that the following stations will be divested: Boston: CBS Radio’s News/Talk 1030 WBZ, Sports “98.5 The Sports Hub” WBZ-FM, Classic Rock 100.7 WZLX and Entercom’s Talk 680 WRKO and Urban AC “The New 97.7” WKAF. San Francisco: CBS Radio CHR “99.7 Now” KMVQ and Entercom AC 96.5 KOIT, Classic Rock “98.5 K-Fox” KUFX, and Urban AC 102.9 KBLX. Sacramento: CBS Radio’s AC “Mix 96” 96.1 KYMX, Hot AC “Now 100.5” KZZO, Country 105.1 KNCI, and Sports 1140 KHTK Seattle: CBS Radio’s Variety Hits “96.5 Jack...Read More

Station Sales Week Of 10/6

Robert Ingstad, Todd Ingstad, and Tallie Ingstad Colville are buying out the 25% stake of sister Tanya Ingstad Knudson in I3G Radio for $50,000. The three remaining siblings will increase their holdings in the company from 25% to 33.3%. I3G Radio LLC owns Farm “AG News 890” KQLX and Farm/Country “Thunder 106.1” KQLX-FM Lisbon/Fargo ND. I3G Radio will then purchase cousin Brooke Ingstad’s Radio Wahpeton-Breckenridge’s Country 1450 KBMW and Hot AC “B92.7” KBMW-FM Breckenridge MN for $925,000. Brooke Ingstad had purchased what became KBMW-FM from Robert Ingstad’s Basin Mediactive in 2016. for $275,000 and 1450 KBMW from her father James Ingstad’s Radio FM Media for $300,000. An LMA for the two stations started on September 1. Aasen P...Read More

Woof Boom Radio Expands To Lafayette IN

Woof Boom Radio is purchasing 106.7 WKHL West Lafayette IN from Educational Media Foundation for an undisclosed amount. Jim Stone will join the company to serve as Managing Partner for Woof Boom Radio Lafayette. Stone most recently ended 17 years in mornings at Midwest Family Broadcasting’s Rock “104.9 The X” WXRX Rockford IL and as OM/PD for other stations in that cluster. He also has programmed 107.5 WZZQ Terre Haute IN. EMF’s “K-Love” Christian AC programming will continue to be heard in the Lafayette market on 88.9 WLXJ Lafayette. Announcing the acquisition of WKHL 106.7 FM, West Lafayette, Woof Boom Radio continues its mission to build out great locally managed and owned radio stations. Woof Boom Radio began with a vision of great radio that focuses...Read More