Station Sales Week Of 4/6
After purchasing 101.1 KZTS Cammack Village/Little Rock AR in March for $1.1 million and ending its LMA of 96.5 KHTE-FM England, Salem Communications is purchasing 1380 KDXE North Little Rock/105.5 K288EZ Little Rock from N C Communications for $180,000. As part of the deal, Salem will lease the station to Steve Hegwood’s Core Communications to keep the Urban “Streetz” format that was displaced off of 101.1 KZTS. That move started on Sunday, April 1.
JW Broadcasting sells Conservative Talk “Newstalk 1160” WCFO Eastpoint/Atlanta GA to Atlanta Catholic Radio for $750,000. The purchase price is split between $500,000 for the station property and $250,000 for the tower land. The buyer will begin operating WCFO via Time Brokerage Agreement on Monday, April 16.
ADX Communications is acquiring News/Talk 1330 WEBY/99.1 W256DL Milton/Pensacola FL from Spinnaker Communications for $300,000. ADX began operating WEBY via Time Brokerage Agreement on December 6, 2017 as the station becomes its third alongside Talk 1620 WNRP Gulf Breeze and “Cat Country 98.7” WYCT Pensacola.
Empowered Broadcasting Company sells Christian AC “92.7 The Beacon” WBNK Pine Knoll Shores NC to Educational Media Foundation for $100,000. The station has begun airing EMF’s “K-Love” network under an affiliation agreement.