Station Sales Week Of 8/11
Ohio Midland Newsgroup agrees to purchase Sports “OV Sports” 1430 WEIR Weirton WV/Steubenville OH and 94.9 W235BX Colliers WV, Classic Hits “106.3 The River” WCDK Cadiz OH/Wheeling WV, and the CP to move 94.7 W234AV Punxsatawney PA to 102.1 Weirton from Priority Communications for $700,000.
After acquiring News/Talk “107.7 The Pulse” WTPL Hillsboro/Concord NH along with two other stations from Great Eastern Radio for $2.6 million, Dirk Nadon’s Lakes Media turns around and sells WTPL to Binnie Media for $1.3 million. Binnie has also begun operating WTPL via LMA.
Richard Brabandt sells Oldies 1550 WOCC Corydon IN to Dawn Fowler and Timothy Jackson’s Two Hawks Communications for $115,000.
St. Francis Mission sells Variety 96.1 KINI Crookston NE to the Rosebud Sioux Tribe for $1. Rosebud Sioux Tribe owns Full Service CHR 88.1 KOYA Rosebud SD and began operating KINI via LMA on August 1.
Alma Vision Hispanic Network sells Silent 98.7 KAVB Hawthorne NV to Kevin Fitzgerald’s NYX Communications for $14,000.
Kenai Broadcasting sells 105.3 KKNI-FM, 94.3 K232EH, and 95.7 K239AV Sterling AK to KSRM Inc. for $200,000. KSRM Inc. owns five other stations in the Kenai/Sterling/Soldotna market.
After its sale to Chris Devine’s Spectrum Development Group failed to close, Educational Media Foundation agrees to sell 96.7 W244BQ Park Ridge IL to Edgewater Broadcasting for the same $350,000 price. W244BQ also seeks to increase power to 99w/348m from the AON Center in downtown Chicago rebroadcasting SBS’ 107.9 WLEY-HD3 Aurora.
B&M Broadcasting converts its lease of Edgewater Broadcasting’s 94.1 W231CL Wilmington NC to a $45,000 purchase. W231CL will continue to serve as the FM side of Oldies “94.1 The Beach” 1340 WLSG Wilmington.
Edgewater also sells 93.3 W227CW Lexington-Fayette KY to Christian Broadcasting System for $79,000. W227CW already rebroadcasts the buyer’s Southern Gospel 770 WCGW Nicholasville/Lexington.
A third Edgewater sale will see 102.5 W273CI Grand Haven/Muskegon MI go to Smile FM for $22,000.
Hope Christian Church of Marlton sells recent sign-on 106.3 W292FD Reading PA to Calvary Chapel Bible Broadcasting for $1. W292FD rebroadcasts the buyer’s “Truth-FM” WLEB-LP Lebanon PA.
Cameron Broadcasting sells 95.5 K238BS Kingman AZ to Catz & Dawgs LLC for $5,000. K235BS will continue to rebroadcast River Rat Radio’s 95.7 KPKR Parker/Lake Havasu City.
Centro Cristiano de Vida Eterna acquires 89.9 K210DF Lake Jackson and 91.5 K218EJ Galveston TX from Alelyua Broadcasting Network for no consideration. Both will rebroadcast they buyer’s 89.9 KQVI-FM Cedar Lake TX.