Station Sales Week Of 10/21

Station Sales

860 The Answer ESPN Deportes KTRB San FranciscoSalem Media is converting its LMA of Conservative Talk “860 The Answer” KTRB San Francisco into a $5.125 million purchase from Susan Uecker, the bankruptcy court appointed receiver of Pappas Radio through an East Bay Broadcasting subsidiary. Salem began operating KTRB on July 1 after a previous attempt to sell the station to John Douglas’ US International Radio for $6.5 million in 2015 was cancelled.

Apex Media agrees to purchase Hot AC “i93.7” WALI Walterboro SC from Premiere Enterprises for $325,000. The station has also filed an application to relocate to Burton SC where it will join Apex Media’s Variety Hits “SC103” 103.1 WVSC Port Royal and Classic Hits “104.9 The Surf” WLHH Ridgeland in targeting the Hilton Head market.

Educational Media Foundation purchases 93.5 WLKE Gallitzin/Altoona and 105.1 WLSF Sheffield PA from Radio Partners LLC for $400,000. Both stations already run EMF’s Christian AC “K-Love” programming.

Ted Schober acquires Silent 850 WKGE Johnstown PA from Birach Broadcasting for $25,000.

Morcom Broadcasting purchases Silent KTUG Hudson WY from Higher Calling Communications for $60,100 with an immediate LMA. KTUG previously featured Christian AC as “Ledge 105.1“.

Edwin Brand will increase his 33% stake in Honey Creek Broadcasting’s Oldies 105.3 KEDB Chariton IA to 66%, while Frederick and Carolyn Jenkins will cut their share from 33% each to 33% combined. Concurrently the Jenkins will increase their stake in KMGO Inc., owners of AC 1400 KCOG and Country 98.7 KMGO Centerville IA from 10% each to 40% each by purchasing Emil Richard Calzascia’s stake for $285,000. Brand holds the other 20% of KMGO Inc.

Gateway Radio Work acquires Christian 980 WGWM London KY from WGWM Broadcasting for $5,000.

Entercom agreed to acquire Beasley’s required Charlotte NC spinoffs from the Greater Media acquisition: News/Talk 1110 WBT Charlotte/99.3 WBT-FM Chester SC and Hot AC “107.9 The Link” WLNK Charlotte as well as Beasley’s Sports “610 The Fan” WFNZ/102.5 W273DA Charlotte for $24 million.

LHTC Media acquired purchased Spectrum Radio Fairmont’s four station cluster in the Morgantown WV market for $700,000 (or $650K if revenue doesn’t reach $700,000 for the year).

Translator Sales

StationStateSellerBuyerPriceTo Rebroadcast
93.3 K227AO MorrisvilleMORadio Training NetworkZimmer Radio$80,000560 KWTO Springfield
100.1 K261BA RollaNDDown East Center For The Performing ArtsForum Communications$30,000970 WDAY Fargo
104.7 K284CB Peach SpringsAZAircraft Storage SolutionsDesert Broadcasters$20,000920 KPSI Palm Springs CA
96.1 W241BW LebanonINFriends Of Christian RadioDLC Media$25,000910 WAKO Lawrenceville IL
92.7 W224CZ MerrillvilleINFriends Of Christian RadioZamora Broadcast Systems$38,0001310 WDTW Detroit MI
98.7 K254BL Copperas CoveTXEducational Media FoundationGLG Media$30,0001120 KTXW Manor
100.7 W264CX VirginiaMNRefuge Media GroupQ Media Properties$40,0001350 WCMP Pine City
103.7 K279CM QuartzsiteAZAircraft Storage SolutionsSalem Media$20,0001210 KPRZ San Marcos-Poway
96.1 K241BQ Ft. McDowellAZ1TV.comMKhanGroup$175,000103.9 KZON Gilbert
92.5 W223CA BloomingtonILSpirit Education Association2820 Communications$2,00089.5 WSPI Ellsworth
103.5 W278BD MacclennyFLSpectrum Development GroupEdgewater Broadcasting$40,00090.9 WJKV Jacksonville
97.3 W247BT NaplesFLAmerican Educational BroadcastingNiche Radio$25,0001580 WSRF Fort Lauderdale
StationStateSellerBuyerPriceTo Rebroadcast

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Lance Venta is the Owner and Publisher of RadioInsight.com and a consultant for RadioBB Networks specializing in integration of radio and the internet. Lance has two decades of experience tracking the audio industry and its use of digital platforms.

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