Station Sales Week Of 11/8
Hog Radio Inc. will sell its 5 station cluster in Fayetteville AR to Candace Dixon-Horne’s Horne Broadcasting for $3,425,000. Dixon-Horne has served as General Manager of the cluster since December 2015 after previously spending 17 years as an account executive at Cumulus Media’s Fayetteville and Fort Smith AR clusters. The stations involved in the deal are Country “96.7 The Coyote” KCYT Fayetteville, “Sports 99.5” KAKS Goshen and 1290 KUOA Siloam Springs/95.3 K237GR Johnson, Classic Hits “Star 101.5” KFMD-FM Greenland and Soft AC “Lite 106.5” KBVA Bella Vista.
American General Media adds to its Bakersfield cluster with the purchase of Colt Comm’s Classic Country 95.7 KKCA Arvin for $262,500. AGM currently owns six stations in the Bakersfield market: CHR “Hits 93.1” KKXX, Rhythmic CHR “Hot 94.1” KISV, Regional Mexican “96.9 La Caliente” KEBT, AC 101.5 KGFM, News/Talk 1180 KERN/96.1 K241CI, and Sports “ESPN 101.1” 1230 KGEO/101.1 K266GG
Radio Punjab Dallas LLC will acquires Brokered Asian 890 KTXV Mabank/Dallas TX from Dallas Major Radio LLC for $225,000.
Bud Walter’s Cromwell Group expands into Michigan with the purchase of News/Talk 1490 WABJ and Country “Q95” 95.3 WQTE Adrian MI for $450,000. Cromwell owns 24 stations across Illinois, Indiana, Kentucky and Tennessee.
Mid-America Radio Group of Logansport-Peru sells News/Talk 1230 WSAL/94.9 W235CU Logansport, Classic Hits “Classic Mix 102.3” WLHM Logansport and “Hoosier Country 103.7” WHZR Royal Center IN to Iron Horse Broadcasting for $780,000.
Thomas Susman’s Vandalia Media Partners buys Southern Gospel 990 WJEH Gallipolis and Country 93.1 WNTO Racine OH from Sunny Broadcasting for $250,000. The buyer owns News/Talk 1360 WMOV Ravenswood WV just across the Ohio River.
Music Guild International acquires Classic Hits “101 The One” 101.5 WEXP Brandon/Rutland VT from Woodchuck Radio LLC for $275,000. WEXP currently simulcasts 101.7 WCVT Stowe/Burlington. Music Guild International will take over operations of WEXP on December 1 via Time Brokerage Agreement.
Gregory Adams’ Epic Communications will purchase Natchez Communications’ 97.7 WTYJ Fayette and Natchez Broadcasting’s 1240 WMIS Natchez MS for $250,000. The two stations, under common ownership, both air a mix of Gospel and Blues music.
Timothy Lee’s Sunbelt Broadcasting Corporation buys Talk/Sports 950 WHSY/105.9 W290DQ Hattiesburg MS from Gulf South Communications for $12,000. Lee began operating WHSY via Time Brokerage Agreement in April.
George C Hudson III acquires the license of Christian 1540 WBIN Benton TN from Pioneer Health & Missions for $2500. Concurrently Michael Beverly will purchase the studio and tower equipment of the station for $7500 with the agreement to remove the tower and all wiring from the property.
The Estate of Jax Broadcasting sells Talk 1400 WZNG/100.9 W265EE and Americana 1580 WLIJ/98.7 W254BW Shelbyville TN to Hopkins Farms Broadcasting for $265,000.
The Estate of Thomas C. Abdoo sells Oldies 1480 WNKW/97.5 W248DI Neon KY to Thomas R Abdoo and Quinn Bowling Box’s Sunshine Media Group for $1500.