Station Sales Week Of 3/31
After ten years in the Last Bastion Divestiture Trust from the Citadel Broadcasting purchase of ABC Radio, Cumulus Media has sold Sports “105.3 The Pro” KINB Kingfisher/Oklahoma City OK to Perry Media Group for $225,000. Perry owns Urban AC “Heart & Soul 92.1” 1140 KRMP/92.1 K221FQ Oklahoma City and Urban “Power 103.5” KVSP Anadarko in the market.
Following the sale of its two other Houma LA stations to Lisa Stiglets and Elizabeth McQueen’s JLE, Inc earlier this month, My Home Team Media has sold Classic Rock “LA 106.3” KXOR-FM Thibodaux to Educational Media Foundation for $525,000. EMF will flip the station to its “K-Love” Christian AC network.
After the stations it leases were sold to Twin Islands Media Group in February, GSB Broadcasting sells Variety Hits “92.5 CTG” WICO-FM Pocomoke City/Salisbury MD to The Bridge of Hope for $250,000. WICO-FM will flip to a simulcast of Christian AC “88.7 The Bridge” WKNZ Harrington DE on Sunday, April 2 via Time Brokerage Agreement.
Dale Ganske’s L. Topaz Enterprises sells the Construction Permit for 1540 KENT Enterprise/Las Vegas NV to El Sembrador Ministries for $125,000. El Sembrador will also gain a four year lease to operate 99.5 K258CZ Big Pine CA, which holds a CP to relocate to 96.7 in Las Vegas. El Sembrador operates a network of Spanish Christian stations in Southern California and Chicago.
St. Paul Bible College sells its “K-Jazz” Public Talk/Jazz network in Northern Arizona to Vic Michael’s Cedar Cove Broadcasting for $400,000. The stations involved are 89.5 KJZA Drake, 90.1 KJZP Prescott, 90.7 KJZK Kingman, and 91.3 K217EP Flagstaff.
Colorado College acquires Silent 89.5 KILE-FM Woodland Park CO from Grace Public Radio for $24,000. KILE-FM will become part of the Public News/Talk network based at 91.5 KRCC Colorado Springs.
Iglesia Pentecostes El Lirio de Los Valles purchases Living Proof’s 88.5 KWTW Bishop, 91.9 KWTD Ridgecrest, 95.7 K239AZ Lake Isabella CA, and 105.9 K290AO Tonopah NV for $100,000.
Janesville Christian Fellowship donates 97.7 K249CS Susanville CA to Pacific Cascade Communications for no consideration. K294CS rebroadcasts Pacific Cascade’s 98.1 KVIP-FM Redding CA.