Station Sales

Station Sales Week Of January 9

Station Sales Continental Broadcast Group is converting their LMA of Spanish CHR “Exitos 1590” WNTS Beech Grove/Indianapolis into a purchase for $950,000. Continental has operated WNTS via Time Brokerage Agreement from Davidson Media since October 2013. Continental owns Regional Mexican “Radio Latina 107.1” WEDJ Danville and Spanish Christian “Pescador 810” WSYW Indianapolis. Jimmy Johnson’s Brunswick County Broadcasting reacquires News/Talk 105.5 WVNC Lawrenceville, VA from Imperial Broadcasting Company for forgiveness of $179,100 in debt. The buyer has begun operating the station via TBA. Justin Dixon is acquiring an additional 2% of shares in 1250 KBTC and “Big Country 99.3 The Rooster” KUNQ Houston, MO from Amy Vermillion for $408. ...Read More

Colorado Public Radio Acquires ESPN 102.3 Denver

Colorado Public Radio has announced they have purchased Sports “ESPN 102.3” KDSP Greenwood Village/Denver, CO from Front Range Sports Network. Paying $5.75 million for the station, Colorado Public Radio will flip it on January 27 to a simulcast of its Adult Alternative “Open Air” 1340 KVOQ Denver. “Open Air” focuses on new music with an emphasis on local artists. It is one of three brands operated by CPR including a statewide Public News/Talk network based at 90.1 KCFR-FM Denver and a Classical network based at 88.1 KVOD-FM Lakewood. Public Media Company represented CPR in the transaction. The purchase of KDSP will be financed through the issuance of tax-exempt bonds, which is the same financing process CPR has followed for the past 15 years. Over time, ...Read More

Station Sales Weeks Of December 26 & January 2

Translator Sales River Vale Media Foundation is selling two New York City translator CP’s to Young Dae Kwon’s Sound of Long Island, Inc. The group will pay $5,000 each for 98.3 W252CS Brooklyn and 101.5 W268BY Queens. Both are currently licensed to rebroadcast 93.5 WVIP New Rochelle, NY. Radio Assist Ministry is transferring 69 translators to sister company Edgewater Broadcasting for no cost. Both groups are run by Clark Parrish. Longport Media is purchasing 92.5 W223CO Atlantic City, NJ from Susan Clinton for $26,000. W223CO will rebroadcast News/Talk 1400 WOND Pleasantville. Bustos Media purchases 93.7 K229AD Yakima, WA from Vincent Shiflet for $25,000. K229AD will begin rebroadcasting Regional Mexican 1020 KDYK Union Gap immediately via a $1 LMA Chalk Hill Communications acq...Read More

Country Superstars Debuts In Raleigh

Update 1/2: WFNL-FM returned to the air on New Years Day as “Country Superstars 102.3“. Update 12/2: The sale of Classic Hits “Kix 102.9” WKIX-FM Raleigh and 98.7 W254AS Louisburg from McClatchey Broadcadcasting Company to Curtis Media and the accompanying divestiture of 102.3 WFNL-FM (Formerly WWPL) Smithfield to Richard Heilmann Sr.’s Triangle Marketing Associates have closed. Curtis states it intends to retain the current format on WKIX-FM. Meanwhile, WFNL-FM has dropped the Bluegrass format it has run as a placeholder since September. 102.3 is currently dark, while TMA moves the station into new studios. It is expected to relaunch within thirty days. When the sale was first announced in February we reported that Heilmann had registered Country1023FM.com fo...Read More

Alpha Media Expands Into Shreveport & Tyler

Alpha will pay $13.75 million for the nine Access.1 stations in Shreveport and Tyler. Original Report 12/22: Alpha Media has announced the acquisition of nine stations in two markets from Access.1 Communications. The deal will bring Alpha up to 83 stations as the company adds Access.1’s stations in Shreveport, LA and Tyler, TX to its holdings. The stations involved in the deal are: Shreveport: Classic Hits 95.7 KLKL Minden, Rock “98 Rocks” 98.1 KTAL-FM Texarkana TX, Urban AC 102.1 KDKS-FM Blanchard, Urban “103.7 The Beat” KBTT Haughton, and Gospel “The Light 980” KOKA Shreveport Tyler: Regional Mexican “La Invasora 96.7” KOYE Frankston, Classic Country “104.1 The Ranch” KKUS Tyler, Country 105.7 KYKX Longview, and Classic Hi...Read More

Norsan Media To Acquire WJXR Jacksonville; Flip To Spanish Tropical

Norsan Media has announced the acquisition of 92.1 WJXR Macclenny/Jacksonville, FL from WJXR Inc. for an undisclosed price. The sale will see the end of WJXR’s 30 year old “Bargain Channel” Shopping programming on Wednesday, December 31 at 10:00pm when Norsan begins operating the station via LMA. The shopping programming will live on Oldies “102.3 The Beach” 1600 WZNZ/102.3 W272CQ Jacksonville from 7-9am and 4-6pm. Norsan will flip the station to Spanish Tropical “Latina 92.1” simulcasting soon-to-be sisters 970 WNNR/92.9 W225BI Stockade. Norsan also owns Regional Mexican “La Raza” 1160 WEWC Callahan/1570 WVOJ Fernandina Beach. The press release translated from Spanish follows: NORSAN Media, the leading media company serving Hispanics i...Read More

JLD Media Adds Third Boise FM

Kevin Terry’s JLD Media is adding a third FM in the Boise market with the purchase of Country “100.7 The Bull” KQBL Mountain Home from Impact Radio Group. JLD will pay $200,000 for the station, which will join their pending acquisitions Regional Mexican “101.9 La Grand D” KDBI Emmett and Spanish CHR “Latino 106.3” KQTA Homedale. Included in the sale contract is an agreement to move the KQBL call letters to another Impact station in the market as the Country format will stay with the company. Following the sale Impact will retain Variety Hits “96.1 Bob-FM” KSRV-FM Ontario, Rhythmic CHR “Wild 101.1” KWYD Parma, Hot AC “My 102.7” KZMG Melba, Sports “ESPN Boise” 730 KNFL/96.5 K260AI Boise, and “Oldi...Read More

Entercom Acquires Lincoln Financial Media

The Entercom/Lincoln Financial Media deal has been filed with the FCC. To comply with market cap limits in Denver, Sports “104.3 The Fan” KKFN Longmont will be placed in the Pikes Peak Trust run by Elliot Evers for divestiture to a third party. The remainder of the Lincoln Financial Media stations will begin to be operated by Entercom via Time Brokerage Agreement on January 15 or two days after DOJ approval of the deal, whichever is the latter of the two. During the TBA and until the actual sales close, Entercom agrees to not change any formats on the to-be-acquired stations. The $105 million purchase price will consist of a $77 million cash payment to Lincoln Financial, with the remainder consisting of Entercom stock grants to Lincoln. Original Report 12/8: Entercom Communicat...Read More

Station Sales Week Of 12/19

Station Sales Bogey Broadcasting is converting their Time Brokerage Agreement to operate “106.5 The Shark” KYRK Taft/Corpus Christi, TX into a purchase from Withers Family Texas Holdings for $1,284,000. Educational Media Foundation purchases the CP for 91.1 KJZD Perris/Riverside, CA from Cal State University Long Beach for $50,000. CSU has until January 10, 2015 to build the CP before it expires. Northeast Colorado Broadcasting acquires the CP for 104.5 KZLL Log Lane Village, CO from JER Licenses for $70,000. Northeast Colorado Broadcasting owns Country “94.5 The Ranch” KRFD Merino, Hot AC 105.7 KPMX Sterling, Country “B106.3” KPRB Brush, Farm 1010 KSIR Brush and has a pending purchase of Christian AC 100.1 KSIK Fleming. Zion Multimedia Oregon sells Spanish Christian 660 KXOR J...Read More

Delmarva Expands Its Wilmington, DE Cluster

Delmarva will be paying $3.2 million for WFAI and WJKS. Original Report: Delmarva Broadcasting is expanding its holdings in Wilmington, DE with the purchase of Urban “Kiss 101.7” WJKS Canton, NJ and Gospel “Faith 1510” WFAI Salem, NJ from QC Communications. The two stations will join a Delmarva cluster that includes CHR 93.7 WSTW Wilmington, Country 103.7 WXCY Havre de Grace, MD and News/Talk 1150 WDEL Wilmington. Delmarva will begin operating the two stations via LMA on January 1. No price was disclosed for the purchase.

WRCM/WMHK Flip To K-Love

EMF will close on their purchase of the three stations and one translator from Columbia International University today. The closing will accompany the end of local programming on “New Life 91.9” WRCM Wingate/88.3 WRZM Boiling Springs/101.5 W268BU Mooresville, NC in the Charlotte market and 89.7 WMHK Columbia, SC. The stations will all join EMF’s “K-Love” network. Both stations have posted farewell messages on their websites. Original Report 10/6: Columbia International University is selling its radio assets in Charlotte, NC and Columbia, SC to Educational Media Foundation for $10.5 million. The stations involved in the sale are Christian AC “New Life 91.9” WRCM Wingate and simulcasts 88.3 WRZM Boiling Springs and 101.5 W268BU Mooresville in the Cha...Read More

$3.5 Million Sale For NYC Translator

The long and winding road for Michael and Tammy Celenza’s Apple 107.1 to move and upgrade 106.3 W292DV New York has come to an end. John Bridge’s Big Apple Broadcasting has agreed to purchase the translator for $3.5 million. Bridge acquired 103.9 W280EM Chicago earlier this year, which is soon set to launch as Urban Jazz “The Groove“. W292DV is best known for its ill-fated attempt to relocate to 4 Times Square in 2011 where it was to be operated by Clear Channel. That move was shot down due to interference complaints by Press Communications’ WKMK Eatontown, NJ. The translator finally settled in Long Island City, Queens where it currently operates with 4 watts at 200 meters (Coverage Map) via STA with an application to make that permanent. W292DV currently airs...Read More

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