Station Sales Week Of 12/21: EMF Grows In Corpus Christi & Rome
Educational Media Foundation is acquiring stations in Corpus Christi TX and Rome GA.
EMF will purchase Regional Mexican “La Caliente 98.3” KMJR Odem TX from Tejas Broadcasting for $432,000. EMF currently owns 88.7 KPLV and 103.7 KXAI in the Corpus Christi market, while Tejas will retain its other three FMs in the market.
In Rome, EMF files to acquire Classic Rock “95.7 The Ridge” WATG Trion from TTA Broadcasting for $200,000.
Perry Broadcasting is selling seven stations and three translators in Oklahoma to Matthew Mollman’s Mollman Media for $3 million. Mollman will acquire Urban “97.9 Jamz” KJMZ Cache, Country “Superstar Country 98.5” KACO Apache, Urban AC “Heart & Soul” 1050 KXCA/93.7 K229DG Lawton, Sports “The Ticket 1380” KKRX/96.7 K244FW Lawton in the Lawton market and Country “Kickin Country 97.1” KKEN Duncan, Classic Rock “Kiss Rocks 105.3” KDDQ Comanche/Duncan, News/Talk 1350 KPNS/106.1 K291CT Duncan. Mollman currently owns Classic Hits “Kool 105.5” KWCO-FM and Classic Country “106.1 The Ranch” K291BR/KWCO-HD2 Chickasha.
Canaan Communications sells Christian 1030 WQSE/106.3 W292FB White Bluff TN to Jamal Jones’ Young Country Holdings for $100,000. The buyer has applied to relocate the W292FB translator into Nashville on 96.7.
Aerostar Communications will acquire Regional Mexican “104.7 Mi Preferida” KNIV Lyman WY/Salt Lake City from Mav Media for the assumption of the $2.64 million promissory note owed to Simmons Broadcasting from its 2011 purchase. Mav Media principle Scot Matthews holds a 16.8% stake in Aerostar, whose Spanish AC “Placer 107.1” KEGH Woodruff UT has a Joint Sales Agreement with KNIV.
Franklyn and Melanie Mueller’s JJIE Corporation will purchase the Silent trio of 96.7 KQMB Levan, 1400 KSRR Provo and 96.7 K244DH Fort Douglas UT from Zeta Holdings for $100,000.
VCI Radio sells AC “Sunny 1470” WLOA Farrell PA and the CP for 102.3 W272EI Youngstown OH to Andrew Arnold and Clay Church’s Over/Under LLC for $85,000.
Peace Baptist Church of Wilmington acquires Southern Gospel 88.1 WGHW Lockwoods Folly Town/Wilmington NC from Church Planters of America for $250,000.
Rubin Broadcasting sells 100.9 KBOQ Lima MT to Ted Austin’s Southwest Montana Media for $5,000 plus a $1 per month Time Brokerage Agreement until the sale closes.
Real Presence Radio acquires 106.7 KZJZ Babbitt and 105.5 W288AI Ely MN from Aurora Broadcasting for $25,000 and an immediate $1 per month Time Brokerage Agreement. Both stations had been simulcasting the seller’s AAA “95 Wave” 95.3 WVVE Grand Marais.
David Magnum will acquire six translators from Sister Grace Inc. for $3,000 each. The translators being acquired are: 95.7 W239CD Beloit WI, 95.7 W239CV Oshkosh WI, 99.1 W256DW Menominee MI, 103.9 W280GB Gladstone MI, 104.5 K283DA Monroe LA, and 107.3 W297CT La Crosse WI.
First Baptist Church of Riverview purchases 93.7 K229BN La Grande OR from KCMB LLC for $20,000. K229BN will rebroadcast Christian 90.1 KOLU Pasco WA.