Station Sales

Station Sales Week Of 12/29

Wild West Radio is selling Country 550 KRAI Craig and AC 93.7 KRAI-FM Craig/102.3 K272DE Steamboat Springs CO to Don Tlapek’s Blizzard Broadcasting for $600,000 as well as a 6 month consulting contract for Wild West Radio’s Frank Hanel worth $25,000. Blizzard owns Soft AC “Easy 94.1” KEZZ Phippsburg, Country “Big Country 96.9” KBCR, Sports “Fox Sports 98.9” KTYV, and Rock “100.5 The River” KCOQ Steamboat Springs and operates 105.7 KKSB Steamboat Springs via Time Brokerage Agreement. Bustos Media is selling three AMs and one translator to Centro Familiar Cristiano. Centro will acquire 1230 KRYN Gresham/Portland OR for $184,500, 730 KULE Ephrata WA for $40,000, and 1020 KDYK Union Gap and 93.7 K229AD Yakima WA for $150,000. All thre...Read More

Station Sales Week Of 12/22

Bustos Media will purchase 104.9 KYXE Union Gap/Yakima WA from Centro Familiar Cristiano for $215,000. KYXE has been operated by Bustos via LMA since early 2016 as Regional Mexican “La Z 104.9“. James Su’ EDI Media is acquiring Brokered Ethnic 1370 KWRM Corona/Riverside CA from Richard Vosper’s Major Market Stations for $1. EDI operates a network of Chinese language stations in markets including Atlanta, Boston, Portland, and San Francisco. Barnwell Community Radio donates 99.1 WHBJ Barnwell SC to Augusta Radio Fellowship for zero consideration. WHBJ already airs ARF’s Christian “Good News Network” programming.

Buyer Found For Silent 1510 WMEX Boston

After no bidders came forward in an auction of Daly XXL’s Silent 1510 WMEX Boston on Friday, Ed Perry’s Marshfield Broadcasting Company agreed to pay $125,000 to purchase the license for the station. The auction on Friday sought a minimum bid of $300,000 plus a ten year lease at $12,000 per month for the station’s current transmitter site. Northeast Radio Watch reports that Perry will need to find a new site for the station as well as new call letters as Daly XXL will retain the WMEX letters albeit with no other station right now to park them on. WMEX went silent at the end of June as its current lease with the tower site owner expired. Perry currently owns Silent 1460 WATD Brockton (with translator CP for 101.1) and Full Service AC 95.9 WATD-FM Marshfield MA. In confirmi...Read More

iHeart Begins Operating Remainder Of Boston & Seattle Acquisitions

Following the FCC’s approval of its necessary divestments yesterday, iHeartMedia has begun operating the remainder of the stations it acquired from Entercom. Talk 680 WRKO Boston and Variety Hits 96.5 Jack-FM” KJAQ and Classic Rock 102.5 KZOK Seattle officially began being operated by iHeartMedia at 12:01am this morning. At the same time Talk 1430 WKOX Everett MA, Smooth Jazz 102.9 KFNY Centralia (formerly Alternative “Alt 102.9” KFOO) and Christian CHR 104.9 KTDD Eatonville WA (formerly Rhythmic CHR KUBE) are now being operated by the Jeanette Tully led Ocean States Trust until divested. iHeart dropped the former formats on the two Washington stations last week in order to retain the intellectual property. KUBE’s format is now housed on 93.3 KPWK-HD2 Seattle,...Read More

TEGNA Acquires KFMB Stations From Midwest Television

TEGNA has announced it has entered into an agreement to purchase News/Talk 760 KFMB, Rock “100.7 KFM-BFM” KFMB-FM, and KFMB-TV from Midwest Television for $325 million. The deal marks a return to radio for TEGNA, as then part of Gannett it previously sold its remaining radio holdings to Evergreen Media in 1997. The radio stations are secondary to gaining the CBS and CW television affiliates in the San Diego market, but does not necessarily mean they will seek to divest the stations. Just as Hearst has with WBAL/WIYY Baltimore and Sinclair with KOMO/KPLZ Seattle there are existing cost synergies in place that may be worth retaining. TEGNA Inc. (NYSE: TGNA) and Midwest Television, Inc. jointly announced today they have entered into a definitive agreement under which TEGNA will ac...Read More

Station Sales Week Of 12/15

Lee Airwaves is purchasing Talk 1450 WCJU Columbia MS from Thomas McDaniel and Country “98.3 Nash Icon” WJDR Prentiss and Classic Hits 104.9 WCJU-FM Prentiss MS from McDaniel’s Sunbelt Broadcasting for $650,000. JVC Media sells Talk 900 WSWN Belle Glade FL to James Leger’s Sugar Broadcasting for $125,000. The buyer began operating WSWN via LMA on December 5 and flipped the station back to its previous Gospel “Sugar 900” identity that it had until JVC acquired it in 2014. Promise Radio Group is transferring Christian AC “99.7 The Way” KETE Sulphur Bluff TX back to Richard Witkovski’s North Texas Radio Group for forgiveness of its $185,940 promissory note. Reed Richins’ Double-R Communications purchases News/Talk 1230 KATO Safford, ...Read More

Station Sales Week Of 12/8

Everett-Snohomish Broadcasting sells “Q Country 103.3” KMCQ Oak Harbor WA to Bustos Media for $1.2 million. The station will simulcast one of Bustos’ other two stations in the Seattle market: Regional Mexican “La Gran D 99.3” KDDS-FM Elma or “La Z 1210” KMIA Auburn-Federal Way. Salem Media’s Caron Broadcasting sells Spanish Christian “Radio Luz 1360” WKAT North Miami and 102.3 W272DS Miami (formerly 101.3 W267BW Sebring) to Nelson Voltaire’s Radio Piment Bouk for $3.5 million. An LMA will commence between January 1 and January 21, 2018. Catco Communications sells Classic Country 1360 WHNR Cypress Gardens FL to Ferris Waller Sr.’s Walco Enterprises for $100,000. After filing in August to transfer 88.3 KTCN Acton CA to S...Read More

Station Sales Week Of 12/1: An Italian Dance Revolution In South Florida

ANCO Media Group is petitioning the FCC to allow its group of Italian citizens to purchase Zoo Communications and its Dance “Revolution 93.5” network of 93.5 WBGF Belle Glade, 93.5 WZFL Islamorada, 93.5 W228BV Fort Lauderdale, and 93.5 W228BY Miami FL from Zoo Communications for $1 million. Claudio Dompe and Marco Mazzoli would each own a 40% stake of the company, while Dompe’s daughter Claudia Dompe and Mazzoli’s wife Stefania Pittaluga would each hold 10% stakes. Mazzoli serves as General Manager and host on the station and is known as “The Howard Stern of Italy” where he hosts “The Zoo” on the Radio 105 network. Claudio Dompe currently holds a 20% stake in Zoo Communications. After a previous $55,000 sale to Pentecostal Church of God earli...Read More

Station Sales Week Of 11/24: iHeart Says Aloha To WBFA Columbus GA

iHeartMedia’s Aloha Stations Trust sells Urban “98.3 The Beat” WBFA Fort Mitchell AL/Columbus GA to RCG Media for $1.1 million. J. Christopher Martin, the sole owner of RCG Media, is the son of PMB Broadcasting (which owns or operates six stations in the Columbus market) co-owner James R. Martin. Both James Martin and partner Lynn Page have put personal guarantees on the loan for WBFA’s purchase but will have no connection to the operation of the station. The younger Martin has worked in sales for PMB since 2009 but will exit that position to operate WBFA. Roberto Medina seeks to sell his 75% stake in Deportes y Musica Comunicaciones’ Silent 99.5 KRPH Morristown/Wickenburg AZ and “Que Buena 105.7” KQMX Lost Hills/Bakersfield CA to 25% holders SMG-M...Read More

Station Sales Week Of 11/17

Eure Communications is transferring Country “97.9 The Bear” WNBB Bayboro/New Bern NC to Diana Schulman for $500,000. Schulmann currently serves as Sales Manager for the station. Sarah Shellhammer’s Morgan County Media is acquiring Country 105.5 WJVO South Jacksonville, News/Talk 1550 WJIL South Jacksonville and Classic Hits 102.9 W275BM Jacksonville IL from Bart Boling’s Morgan County Broadcasting for $250,000. Shellhammer has served as General Manager of the stations since 1997. Alpha Media is selling the Construction Permit for 99.1 KZAH Harper TX to JAM Broadcasting for $125,000. Alpha had paid $408,000 in the 2015 FCC Auction 98 for the rights to the allocation. The buyers also own Country “103.7 The Buck” KAXA Mountain Home TX. On the fringes of the...Read More

EMF Acquires WJKE Saratoga NY

Educational Media Foundation will acquire AC “101.3 The Jockey” WJKE Stillwater NY from Empire Broadcasting for $550,000. The station serves the northern portion of the Albany NY market including Saratoga. The signal will be paired with EMF’s 94.5 WYKV Ravena/Albany whose coverage contour nearly ends where WJKE’s begins. Upon completion of the sale, Empire Broadcasting will retain Standards “Moon Radio 900” WABY Watervliet, AAA “106.1 The X” 1160 WAIX Mechanicsville/106.1 W291BY Albany, and Talk/Business “Empire News Network” 1240 WPTR Schnectady.

Vic Latino Splits From JVC Broadcasting; Acquires West Palm Beach Station

Vic ‘Latino’ Canales is exiting JVC Broadcasting and taking Oldies “True Oldies 95.9/106.9” 960 WSVU North Palm Beach FL with him. Canales will exchange his 151,110.94 Class A and 212,500 Class B membership units of JVC valued at $301,110.95 for WSVU and translators 95.9 W240CI North Palm Beach and 106.9 W295BJ Jupiter. His stock will be split evenly between the other JVC investors including CEO John Caracciolo, Paul R. Homer & Jana E. Homer, Janet LePorin & Dennis LePorin, Patrick Caracciolo, and James G. Schiff. Canales previously worked on-air at “Party 105” WPTY Long Island, “Party 95.3” WPYO Orlando, 103.5 WKTU New York, and XM Satellite Radio prior to returning to Long Island in 2007 to launch “98.5 La Fiesta” WBON...Read More