Station Sales Week Of 3/29

Hit City USA WPKELynn Parrish’s Mountain Top Media is acquiring the nine stations and five translators of East Kentucky Broadcasting Corporation and East Kentucky Radio Network from the estate of Walter May for $2.85 million. The stations involved in the deal are: Country 93.1 WDHR Pikeville KY, Country 96.5 WXCC Williamson WV, Classic Rock “Rock 103.1” WPKE-FM Coal Run KY, CHR “Z107.5” WZLK Virgie KY, Sports “Fox Sports East Kentucky” 900 WLSI/95.9 W240CL Pikeville 960 WPRT/104.5 W283AP Prestonsburg and 1400 WBTH/102.5 W273BC Williamson WV, and Oldies “Hit City USA” 1240 WPKE/98.1 W251AI Pikeville KY and 1460 WEKB/104.3 W282BZ Elkhorn City KY. An immediate Time Brokerage Agreement has taken effect.

A pair of Panama City FL stations have found new operators this week.

Gulf Coast Community College sells 1480 WKGC Southport/Panama City to Ronald Hale’s Omni Broadcasting for $5,000. Gulf Coast Community College retains Public News/Talk 90.7 WKGC-FM Panama City. Omni also owns Silent 93.5 (CP to move to 93.7) WTKP Port St. Joe in the Panama City market.

Charles Gay is sells his 50% interest in Hour Group Broadcasting and its Conservative Talk 1430 WLTG/101.7 W269DR Panama City to Charles Winstanley for $20,000 and forgiveness of a loan. A.D. Whitehurst will retain the other 50% stake.

Franklin Radio Associates sells Country 950 WAKM Franklin TN to Linda Carden and Charles Jackson’s Heritage Broadcast Associates for $40,000. The buyers have been operating WAKM via a Time Brokerage Agreement since August 2017.

Hispanic Target Media sells 102.7 KQHM Zapata TX to Villanova Media Group for $30,000.

Translator Sales

As part of an interference settlement, Educational Media Foundation will transfer 90.3 K212FA Temple City/Pasadena CA to Razorcake/Gorsky Press in exchange for the group turning in the license of 92.7 KFFL-LP Pasadena. EMF has been fighting the grant of a license to KFFL-LP since 2014 claiming it is interfering with the coverage of its 92.7 KYLA Fountain Valley. K212FA will rebroadcast White Fox Horse Rescue’s 90.3 KTCN Acton.

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