Station Sales

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 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

Butte/Great Falls/Helena Swap Completed With Multiple Format Changes

Cherry Creek Radio and The Montana Radio Company have completed their multi-market swap and divestitures in Butte, Great Falls, and Helena MT leading to multiple format changes in those markets. In Butte, Cherry Creek has added previously Silent 107.7 KMTZ Walkerville to their cluster there and has launched the station as Variety Hits “107.7 Dave-FM“. Great Falls had previously seen two format changes as Cherry Creek flipped their Classic Rock “Rock 92.9” KLFM Great Falls to Classic Hits “Kool 92.9” in April and newly acquired 107.5 K298BL from a simulcast of Country “107.3 The Mighty Mo” KIMO Townsend/Helena to Alternative “107.5 The Peak” in May. Also in Great Falls, Classic Country “96.3 Mo Legends” KVMO Fort Benton...Read More

Station Sales Week Of 8/4

Townsquare Media sells Full Service AC 1490 WKNY Kingston NY to non-profit Radio Kingston Corp. for $500,000. The group is led Chairman Peter Buffett and Executive Director Jimmy Buff, who used to work on air in the market at Chet-5 Broadcasting AAA 100.1 WDST Woodstock. The buyers state WKNY’s new programming “will focus on community storytelling, artistic and musical expression, conversation and connection”. Pentecostal Temple Development Corporation sells Gospel 1150 WMNY New Kensington/Pittsburgh PA to Bhavna Gupta and Gagan Deep’s Radio 1150 LLC and Cambria Hill Realty for $180,000. The Gospel format will shift back to sister 1360 WGBN McKeesport. Delmarva Educational Association sells Silent 1540 WONA Richmond VA to Michael Mazursky led Mobile Radio Partners f...Read More

Bloomberg Acquires WNBP Newburyport MA

After leasing 1330 WRCA Watertown/106.1 W291CZ Boston MA from Beasley Media in July, Bloomberg LP is purchasing Port Broadcasting Oldies “The Legends” 1450 WNBP/106.1 W291CC Newburyport MA for $1 million. With an LMA starting at 12am this morning, the move is all about the translators as 106.1 W291CZ Boston currently has a null to the northeast to protect the pre-existing W291CC Newburyport with its 90w vertical/98m facilities. WNBP was the first station purchased by Carl Strube & Pete Falconi’s Port Brodcasting in 2009. The company will retain its other six stations in New Hampshire and Maine. The change brings an end to the Oldies format that had been heard on the station since it evolved from Adult Standards in 2013. Bloomberg programming currently airs in the Bos...Read More

Station Sales Week Of 7/28

Educational Media Foundation’s Christian AC “K-Love” will enter Puerto Rico for the first time as the company purchases Rock “Alfa Rock 105.7” WCAD San Juan from Broadcasting & Programming Systems of Puerto Rico for $2.9 million. Fitzgerald & Hawras Partnership and Sound Communications are entering a Coordinated Modification Agreement in which Fitzgerald & Hawras’ Oldies “Cool 96” 96.1 WPHD South Waverly PA and Sound AC “Magic 92.7” WENY-FM Elmira NY will exchange licenses but retain programming on their current frequencies. Both groups have filed modifications that would see the two stations swap frequency locations before then exchanging licenses to keep the current programming and ownership on the existing freque...Read More