Station Sales Week Of 6/3: Multicultural Swaps Trust Assets In Los Angeles
After eight years in the Transition Radio trust, Multicultural Broadcasting is reacquiring Brokered Ethnic 900 KALI West Covina/Los Angeles CA while putting Korean 1230 KYPA Los Angeles in its place. The exchange will keep Multicultural with 5 AMs and 1 FM in the Los Angeles market: KALI, 1300 KAZN Pasadena, 1580 KBLA Santa Monica, 1430 KMRB San Gabriel, 1600 KAHZ Pomona and 106.3 KALI-FM Santa Ana.
Stu-Comm AAA 91.9 WNRN Charlottesville VA is expanding its presence in Richmond with the acquisition of Gospel 1590 WFTH Richmond from Tri-City Christian Radio for $300,000. Stu-Comm began operating WFTH via LMA on May 17. WNRN is also heard in the Richmond market on 103.1 W276BZ Midlothian.
After Northern Star Broadcasting sold the remainder of their stations last week, we know now who acquired 107.1 WCKC Cadillac MI. Currently part of a Classic Rock “The Bear” trimulcast, WCKC will go to Dom & Jennifer Theodore’s Up North Radio for $180,000. Up North currently operates Hot AC 107.9 WCDY McBain/Cadillac.
New South Media is selling its four Meridian MS stations to Roger Burke’s Burke Broadcasting for $500,000. Burke began operating Talk simulcast 910 WALT/102.1 WALT-FM Meridian, Classic Hits “95.1 The Buzz” WKZB Marion and Classic Country 97.9 WUCL Newton in March 2015 via a Time Brokerage Agreement and began a Joint Sales Agreement with Meridian Community College’s Soft AC “106.9 The Eagle” WEXR Stonewall MS on May 1.
East Arkansas Broadcasters is acquiring News/Talk 610 KARV Russelville/ 101.3 KARV-FM Ola and “Thunder Country 105.5” KYEL Danville AR from Kermit and Diane Womack for $800,000.
Santarelli Ventures purchases Southern Gospel 900 WIAM Williamston NC for $185,000. Ken Santarelli’s Surge Media LLC owns 100.5 W263BE Rose Hill and operates 710 WEGG Rose Hill and 104.5 WSTK Aurora NC via LMA as Dance “Surge Radio“.
As soon as it closed on its acquisition of the station, Duane Jeffrey’s Canaan Communications sells 105.1 WVRY Waverly TN to Mike Parchment’s MP Media LLC for $900,000. Canaan will retain 1030 WQSE White Bluff TN which it is purchasing a translator for (see below).
Solmart Media acquires Standards 1280 WTMY Sarasota FL from Southwest Florida Radio Broadcasting for $100,000. Solmart owns Regional Mexican “La Zeta 105.3” Nocatee in the Sarasota market.