William Wachter’s One Media is acquiring the 60 percent of Blue Sky Media’s Classic Hits 105.7 KRDR Alva OK it does not own for $90,000. The payment will be made to a pair of banks for payment of loans made. The deal buys out station partners Matt Adair, Clint Claypole and Terry Ross.
Frank Neely’s RFPJY LLC sells R&B Oldies 95.3 WYPJ Due West SC to Douglas Sutton and Terry Carter’s Lake Hartwell Radio for $280,000. Neely concurrently filed a Silent STA to take the station off the air to prevent further financial losses until the sale closes. WYPJ had applied last year to modify its facilities which Lake Hartwell Radio had filed a Petition To Deny as it would have been short spaced to their rulemaking applications to add new facilities on 95.5 in Edgefield SC and 95.7 in Bowman GA. The modification application was dismissed with the sale filing.
Sale Dismissals
The $20 sale of 750 WAUG and the CP for 103.5 W278CT New Hope/Raleigh NC from Saint Augustine’s College to Damian ‘DY Nasty’ Powell and Delores Stewart’s PMC Broadcasting has been dismissed per their request. PMC continues to operate WAUG and its current translator 97.9 W250AZ Raleigh via LMA as Hip Hop “Hot 97.9“.
The $200,000 sale and LMA of Cool Radio LLC AAA “103.9 The Mammoth” KSNO-FM Snowmass Village/Aspen CO to Rocky Mountain Radio Group has been terminated. The deal was to include a five year Sales Consultancy Agreement with Cool Radio head Tom Dobrez. Rocky Mountain Radio Group continues to own Classic Rock “104.7 The Mile” KKVM Vail and Alternative “97.7 The Zephyr” KZYR Avon CO.
