Station Sales Week Of 12/2

Station Sales

93.7 The Wave WRMO Milbrook Bar Harbor Maine Public ClassicalFollowing the merger of Port Broadcasting and Aruba Capital Partners announced this week, Port is expanding into Bangor ME with the purchase of Pine Tree Broadcasting’s three AMs and one translator for $172,000. Oldies 1230 WGUY Veazie, Soft AC “94.1 The Wave” 1340 WBAN/94.1 W231CH Bangor, and Classic Country “1400 The Country Road” WCYR Veazie began being operated by Port via LMA on December 1. Charles Begin’s Pine Treen Broadcasting acquired the stations in December 2015 from the estate of Daniel Priestly for $90,000.

Roy Henderson sells Country 99.7 KROY Palacios/Bay City TX to New Wavo Communications for $550,000. KROY, which had been simulcasting Country “Texas Mix 105.3/94.9” KTWL Hempstead/KHTZ Ganado, has begun simulcasting New Wavo’s “99.7 K-Star” KVST Huntsville via LMA. A previous attempt to sell KROY in 2014 to KSBJ Educational Foundation for $350,000 failed to close after multiple parties filed petitions to deny and informal objections to multiple infringements made by Henderson.

Red Rock Radio continues its sell-off with the sale of 105.5 KBAJ Deer River/Grand Rapids MN to Lamke Broadcasting for $200,000. KBAJ currently operates as a simulcast of Classic Rock “KQ 95” 94.9 KQDS-FM Duluth. Lamke, which also owns AC 96.9 KMFY and Full Service Oldies 1320 KOFY in Grand Rapids MN will begin operating KBAJ via Time Brokerage Agreement on January 1.

Glenn Cherry is purchasing Silent 1590 WPUL South Daytona FL from the Julia Cherry Revocable Living Trust and Regional Mexican “La Jefa 94.9” 1070 WCSZ Sans Souci/Greenville SC from the trust’s Redemption Strategies Broadcasting for $25,000 each.

Translator Sales

StationStateSellerBuyerPriceTo Rebroadcast
92.1 W221DL South HavenMIEdgewater BroadcastingRuben's Productions$55,0001460 WKJR Rantoul IL
99.3 K257DB Anchor Point

102.3 K272CN Homer

104.9 K285EF Kenai

102.7 K274AB Kodiak

104.9 K285AA Kodiak

102.3 K272DG Seward

104.9 K285EG Seward

104.5 K283AB Soldotna
AKPeninsula CommunicationsTurquoise Broadcasting$40,000103.5 KWVV-FM Homer
102.7 K274CX IberiaMOScreen Door BroadcastingRadio Las Americas$250,0001380 KMUS Sperry OK
105.5 K288GR BayportMN630 Radio, Inc.Educational Media FoundationExchange for 92.1 W221BS Waite MN100.3 KFXN-HD3 Minneapolis
92.1 W221BS WaiteMNEducational Media Foundation630 Radio, Inc.Exchange For 105.5 K288GR Bayport MN740 WDGY Hudson WI
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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