Station Sales Week Of 7/20
Radio Sharon transfers its option to acquire 1220 WSTL and 93.7 W229AN Providence RI to Diaz Holdings. New England Christian Media will sell the stations to to Diaz for $240,000. WSTL is the originating station for Radio Sharon’s Spanish CHR “Mega 94.9” W235CN Providence.
After applying earlier this month to donate Silent 1450 WBVA Bayside and 1550 WVAB Virginia Beach VA to the Multicultural Media, Telecom, and Internet Council’s MMTC Broadcasting, Birach Broadcasting will instead donate the two stations to Dr. Katrina Chase’s Believe & Achieve Family & Education Center.
Jose Carlos Maron’s Radio La Patrona Inc. will purchase Silent 760 KMTL/97.7 K249FE Sherwood/Little Rock AR from the estate of George Domerese for $100,000.
James Utley’s CLI Radio purchases Gospel “Gospel Joy 1490” WWIL and 104.9 W285FQ Wilmington NC from Carolina Christian Radio for $127,500. The buyer purchased Spanish/Christian 1180 WLTT Carolina Beach/Wilmington from the seller in July 2016 for $50,000.
Hanszen Broadcasting sells Tyler TX rimshot Classic Country 100.7 KPXI Overton TX to Louisiana State University’s Red River Radio for $350,000. KPXI will join LSU’s Public Classical/Jazz network based at 89.9 KDAQ Shreveport LA.
JAM Broadcasting purchases Talk 1230 KERV and the CP for 107.7 K299CA Kerrville TX from Foster Charitable Foundation for $50,000. The buyer began operating KERV and Classic Rock “94.3 Rev-FM” KRVL Kerrville via LMA in March.
Walker Broadcasting and Communications sells Classic Country 1420 KJDL/98.7 K254CI Lubbock TX to Flores Communications for $140,000. A previous sale between the two parties in March 2017 for $275,000 never closed.
Calvary Chapel of Twin Falls acquires Silent 89.9 KJCU Fort Bragg CA from Living Proof for $3,000 with an immediate Time Brokerage Agreement.
St. Paul Radio Co. donates Catholic 1110 WMUX Hurricane and the CP for 99.3 W257EK Charleston WV to Positive Alternative Radio. PAR will pay an addition $2,000 to handle incidental expenses.
Calvary Chapel Iowa acquires 105.1 K286BY Iowa City IA from Edgewater Broadcasting for $50,000. The translator is currently licensed to rebroadcast the buyer’s 97.5 KEWR-LP Cedar Rapids.