Station Sales Week Of August 12
Artistic Media Partners is restructuring the ownership of CHR “B97” 96.7 WBWB Bloomington and “Hoosier Country” 105.1 WHCC Ellettsville IN. The deal will transfer the stations to AI Radio Inc. for $4.4 million giving Artistic Chairman Arthur Angotti, President/CEO Arthur Angotti III, and Steve Isenberg equal 33.33% ownership of the stations.
Noalmark Broadcasting is acquiring El Dorado Broadcasting’s “Real American Country 98.7” KLBQ and Southern Gospel 1290 KDMS El Dorado AR for $600,000. The seller had just closed on its purchase of the two stations from Jadon Broadcasting for $300,000.
Blue Sky Media is purchasing Sports “ESPN 105.7” KRDR Alva from One Media for $115,000 and the CP for 94.1 in Waynoka OK from Robert Young for an undisclosed amount.
Divine Word Communications is selling Catholic 1330 WCVC Tallahassee FL to La Promesa Foundation for $33,740. WCVC had been operated by Divine Word via LMA from previous owner Wendell Borrink since December 2011 and follows the sale of Divine Word’s other stations to La Promesa last year.
Jennifer Creemans sells 95.3 KJJB Eagle Lake TX to Roy Henderson’s S Content Marketing for $135,000.
Alta California Community Media has agreed to purchase 90.7 KTHM Red Bluff CA from Tehama County Community Broadcasters for $1.