Station Sales Week Of 3/18
Gregory Shinn’s Central Arkansas Radio Group is buying Noalmark Broadcasting’s Hot Springs AR cluster for $1.6 million. The stations involved are Rock simulcast “Real Rock 93.5” KYRC Bismarck/101.5 KHRK Malvern, CHR 105.9 KLAZ Hot Springs, and Southern Gospel 1420 KBHS/105.5 K288FP Hot Springs. Noalmark retains its clusters in El Dorado and Magnolia AR and Hobbs and Roswell NM.
Adams Radio Group trades Variety Hits 1280 WSUX/96.3 W242AV Seaford DE to Vincent Klepac’s Bayshore Media for Alternative “104.3 The Ryde” 1590 WIJK/104.3 W282AW Ocean City and 105.1 W286BB Ocean Pines MD.
Liberman Broadcasting sells 1230 KCOH Houston to Roberta Rose Ramirez’ Pueblo de Galilea for $1.8 million. KCOH currently simulcasts Liberman Regional Mexican “La Ranchera” KNTE Bay City/850 KEYH Houston.
Telesouth Communications is purchasing three Mississippi stations from Olvie Sisk for $1.15 million. Air South Radio sells AC “Power 101” 101.9 WFTA Fulton/Tupelo and Variety Hits “Max 95.9” WCNA Potts Camp/Tupelo, while co-owned Metro Radio sells AC 96.1 WLZA Eupora/Starkville. Sisk will retain WFTA’s tower site while giving Telesouth all rights to antennas from 400′ and higher rent free for 30 years.
T&W Communications sells Gospel 1050 WTWG Columbus MS to CBN Communications for $75,000. The buyer is a consortium of three local Baptist churches.
Collins Communications Company sells Country “1470 The Twister” KDHN Dimmitt TX to Nancy Malone’s ELB Broadcasting for $10.
KSBJ Educational Association is walking away from its June 2014 application to purchase 99.7 KROY Palacios TX from Roy Henderson for $350,000. Multiple parties filed petitions to deny and informal objections to multiple infringements made by Henderson including not paying nearly $100,000 to Victoria Radioworks for an FCC show cause order related to moving 95.1 KVIC Victoria to 104.7 due to Henderson’s upgrade of 94.9 KHTZ Gandao to a Class C1 from a C2 on 104.7. Another petition stated that KROY should’ve had its license deleted for filing fraudulent STA applications and being silent for more than 365 consecutive days.