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Station Sales Week Of 3/6

Lance Ventaby Lance Venta
March 6, 2020

ESPN Northern Michigan 105.5 WSRJ 106.7 WSRTNorthern Broadcasting continues to break apart its Northern Michigan holdings as it sells the former “ESPN 106.7” WSRT Gaylord/Traverse City and 98.3 W252DA Petoskey to Macdonald Garber Broadcasting for $215,000. WSRT and then simulcaster 105.5 WSRJ Honor went Silent in December as Northern Broadcasting began winding down operations.

WSRT will join a MacDonald Garber cluster that also includes AC “Lite 96.3” WLXT Petoskey, Country “96.7 The Bull” WLXV Cadillac, CHR “106 KHQ” 105.9 WKHQ-FM Charlevoix, News/Talk “Rush Radio 1240” WATT Cadillac, Talk 1270 WMKT Charlevoix/102.3 W272CR Petoskey/103.3 W277DY Petoskey, and Sports “1340 The Ticket” WMBN/104.7 W284DF Petoskey. Patricia MacDonald Garber also owns a controlling 52% stake in Playtime Media’s Variety Hits “104.5 Bob-FM” WZTC Traverse City.

On the south side of Chicago, Gospel 1570 WBGX Harvey IL and its CP for 95.9 W240EI Harvey have been transferred by Great Lakes Radio – Chicago to court ordered receiver Brian Byrnes after owner Timothy Gallagher defaulted on a promissory note for a mortgage worth $1,394,451.47.

Cool Radio LLC sells AAA “103.9 The Mammoth” KSNO-FM Snowmass Village/Aspen CO to Rocky Mountain Radio Group for $200,000. The deal includes a Time Brokerage Agreement that began on March 1 and a Sales Consultancy Agreement with seller Tom Dobrez for five years. Rocky Mountain Radio Group also owns Classic Rock “104.7 The Mile” KKVM Vail and Alternative “97.7 The Zephyr” KZYR Avon CO.

Mayo Broadcasting Corporation transfers Christian/Talk “Rockingham County Radio” 1490 WLOE (CP for 92.5 W223DJ) Eden and 1420 WMYN (CP for 97.5 W248DG) Mayodan NC to Beulah Baptist Church of Bennett as a charitable donation for a tax write-off. A Time Brokerage Agreement took effect on Monday, March 2

Middle Tennessee Broadcasting sells Classic Hits 101.7 WKOM and AC “Muletown Radio” 1340 WKRM/103.7 W279DL Columbia TN to Sam Delk Kennedy Jr. for $1,050,000. An LMA took effect on February 27.

After selling 94.3 KCMC-FM Mountain Home AR to Jay Brentlinger’s Broadcast Industry Group for $5,000 last week, High Plains Radio Network sells 690 KAFN/99.3 K257GP Benton, 1310 KZYP Malvern/104.1 K281CK Sheridan, 1240 KVRC Arkadelphia, 100.9 KDEL-FM Arkadelphia, 99.7 KWPS-FM Caddo Valley/Hot Springs, and 106.9 KYXK Gurdon AR to Broadcast Industry Group for $20,000. Broadcast Industry Group has been operating the stations via LMA since October 2018. The stations all carry the same Classic Rock “Arkansas Rocks” format along with the buyer’s 880 KLRG Sheridan/94.5 K233BF Greenbrier and 1190 KJJI White Hall/98.9 K255AX Pine Bluff.

West Lane Translator sells Community 90.7 KXCR Florence OR to KXCR Community Radio Partners for $1.

Lightwave Inc. donates 89.9 WLWW Cornersville TN to Road Map Ministries.

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Lance Venta

Lance Venta

Lance Venta is the founder and publisher of RadioInsight.com. Lance has been covering the radio industry since founding the first radio industry discussion forums in the mid 1990s. He also advises and builds content strategies and web platforms for stations and programs across America.

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Station Sales Week Of 3/6

Lance Ventaby Lance Venta
March 6, 2020

ESPN Northern Michigan 105.5 WSRJ 106.7 WSRTNorthern Broadcasting continues to break apart its Northern Michigan holdings as it sells the former “ESPN 106.7” WSRT Gaylord/Traverse City and 98.3 W252DA Petoskey to Macdonald Garber Broadcasting for $215,000. WSRT and then simulcaster 105.5 WSRJ Honor went Silent in December as Northern Broadcasting began winding down operations.

WSRT will join a MacDonald Garber cluster that also includes AC “Lite 96.3” WLXT Petoskey, Country “96.7 The Bull” WLXV Cadillac, CHR “106 KHQ” 105.9 WKHQ-FM Charlevoix, News/Talk “Rush Radio 1240” WATT Cadillac, Talk 1270 WMKT Charlevoix/102.3 W272CR Petoskey/103.3 W277DY Petoskey, and Sports “1340 The Ticket” WMBN/104.7 W284DF Petoskey. Patricia MacDonald Garber also owns a controlling 52% stake in Playtime Media’s Variety Hits “104.5 Bob-FM” WZTC Traverse City.

On the south side of Chicago, Gospel 1570 WBGX Harvey IL and its CP for 95.9 W240EI Harvey have been transferred by Great Lakes Radio – Chicago to court ordered receiver Brian Byrnes after owner Timothy Gallagher defaulted on a promissory note for a mortgage worth $1,394,451.47.

Cool Radio LLC sells AAA “103.9 The Mammoth” KSNO-FM Snowmass Village/Aspen CO to Rocky Mountain Radio Group for $200,000. The deal includes a Time Brokerage Agreement that began on March 1 and a Sales Consultancy Agreement with seller Tom Dobrez for five years. Rocky Mountain Radio Group also owns Classic Rock “104.7 The Mile” KKVM Vail and Alternative “97.7 The Zephyr” KZYR Avon CO.

Mayo Broadcasting Corporation transfers Christian/Talk “Rockingham County Radio” 1490 WLOE (CP for 92.5 W223DJ) Eden and 1420 WMYN (CP for 97.5 W248DG) Mayodan NC to Beulah Baptist Church of Bennett as a charitable donation for a tax write-off. A Time Brokerage Agreement took effect on Monday, March 2

Middle Tennessee Broadcasting sells Classic Hits 101.7 WKOM and AC “Muletown Radio” 1340 WKRM/103.7 W279DL Columbia TN to Sam Delk Kennedy Jr. for $1,050,000. An LMA took effect on February 27.

After selling 94.3 KCMC-FM Mountain Home AR to Jay Brentlinger’s Broadcast Industry Group for $5,000 last week, High Plains Radio Network sells 690 KAFN/99.3 K257GP Benton, 1310 KZYP Malvern/104.1 K281CK Sheridan, 1240 KVRC Arkadelphia, 100.9 KDEL-FM Arkadelphia, 99.7 KWPS-FM Caddo Valley/Hot Springs, and 106.9 KYXK Gurdon AR to Broadcast Industry Group for $20,000. Broadcast Industry Group has been operating the stations via LMA since October 2018. The stations all carry the same Classic Rock “Arkansas Rocks” format along with the buyer’s 880 KLRG Sheridan/94.5 K233BF Greenbrier and 1190 KJJI White Hall/98.9 K255AX Pine Bluff.

West Lane Translator sells Community 90.7 KXCR Florence OR to KXCR Community Radio Partners for $1.

Lightwave Inc. donates 89.9 WLWW Cornersville TN to Road Map Ministries.

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Lance Venta

Lance Venta

Lance Venta is the founder and publisher of RadioInsight.com. Lance has been covering the radio industry since founding the first radio industry discussion forums in the mid 1990s. He also advises and builds content strategies and web platforms for stations and programs across America.

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Join Now | Lost Password?

Comments

Leave a ReplyCancel reply

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