Station Sales Week Of 9/30: Entercom Sells Atlanta AM
Entercom has sold 790 WQXI Atlanta to Atlanta Radio Korea for $850,000. Atlanta Radio Korea head Kyung Sook Park owns 1210 WDGR Dahlonega GA and operates 1040 WPBS Conyers GA via Time Brokerage Agreement. WQXI has been simulcasting sister Hot AC “Star 94.1” WSTR since July 2015.
John and Robert Landry’s Sugar River Media is acquiring the broadcast assets of Robert and the late Sheila Vinikoor for $1.95 million. The properties included in the deal are News/Talk 99.7 WNTK-FM New London/1490 WUVR Lebanon/98.9 W255CF West Lebanon NH, “Country 1010” WCNL Newport/94.7 W234BN Claremont NH, Classic Country “Real Country 1320” WCVR Randolph VT, and AC “Springfield’s Variety” 1480 WCFR/106.5 W293BH Springfield VT. Concurrently, Classical 90.9 WSCS New London NH goes from the Vinikoor Family Foundation to Sugar River Foundation for $10,000.
TalkQ Corporation sells News/Talk 1240 WPBQ Flowood/Jackson MS to Radio Jackson LLC for $21,000. The deal will see Wirt Yeager transfer his 50% stake in the station to William Fulgham, while Ken Rainey Sr. retains his stake. Rainey also owns Classic Hip-Hop “BDay 99.1” 970 WFQY Brandon/99.1 W256BL Ridgeland and WPBQ’s translator 94.3 W232DD in the Jackson market.
Rufus Resources is purchasing the CPs for 100.1 Myersville and 105.9 Austwell TX from Victoria Radioworks for $42,000.
Austin Airwaves sells the CP for 89.1 KTIM Ellinger TX to Texas Independent Media for $18,822.72.