iHeartMedia is consolidating all of its license holding companies into one. The move will eliminate the remnant holding companies of its predecessor companies as iHM Licenses LLC will absorb AMFM Broadcasting Licenses LLC, AMFM Radio Licenses LLC, AMFM Texas Licenses LLC, Capstar TX LLC, Citicasters Licenses Inc, and Clear Channel Broadcasting Licenses Inc.
Michael Holderfield is acquiring WOOF Inc. and its Sports “560 The Ball” WOOF/100.1 W261AT/107.1 W296DQ Dothan and AC 99.7 WOOF-FM Dothan AL. Holderfield, who owns Classic Country “Weevil 101.1” WVVL Elba AL, will pay $1.2 million for the stations with $1.16 million going to ADD LLC to pay off mortgage debt owed to be paid off in $10,000 monthly installments through August 1, 2030.
Joseph Rice and Todd Fowler’s GT Radio will purchase Country 93.7 WPGI Georgetown SC from Colonial Radio Group for $275,000.
Darren Girdner’s G2 Media Corp. purchases 1580 KHGG Van Buren/Fort Smith AR from Pharis Broadcasting for $34,000. G2 owns Southern Gospel “98.7 The Cross” 1650 KFSW/98.7 K254AM Fort Smith and Country/Rock “Mix 105.1” KXMX Muldrow OK in the Fort Smith market.
East Texas Results Media sells 1400 KEBE/104.7 K284CT Jacksonville and 1580 KTLU/103.9 K280CL Rusk TX to William Wachter, Mike Greene and Julie Harrison’s Chisolm Trail Broadcasting for $100,000. Chisolm Trail owns Classic Hits “K-Hits 95.5” KOME-FM Tolar/ 106.5 KITT Meridian TX. Both KEBE and KTLU began simulcasting KOME-FM when they resumed operations this summer.
La Promesa Foundation sells Spanish Catholic 1380 KWMF Pleasanton TX to Virgen de Guadalupe Global Communications for $367,500.
Ernie and Wanda Barbee’s Casa Pinon LLC sells Country “KBear 100” 1470 KXSL Show Low/100.5 K263CA Taylor and 107.9 K300CL Show Low AZ to Vance and Karey Barbee’s New Star Broadcasting for $40,000 and the cancellation of $49,000 in debt owed. New Star is in the process of acquiring 97.7 KXMQ McNary and 103.5 KXBK Taylor, which serve Show Low from Cochise Media. Karey Barbee previously controlled 99.7 KVBX-LP Show Low until its transfer closed in August.
Oscar Aguero Ministry sells Spanish Christian 88.3 WBIY La Belle and 100.5 W263BY Naples FL to Association Des Haitiens Vivant A L’Etranger Pour Le Develop for $500,000. The buyer began operating WBIY via Public Service Operating Agreement on October 1.
Legacy Broadcasting purchases Christian 88.7 WCDG Dahlonega from Silver Dove Broadcasting for $75,000. The buyer also owns Christian Country 89.9 KYMS Rathdrum ID.
Translator Sales
Bustos Media will purchase 92.5 K223CI Tucson AZ from RadioForSale LLC for $450,000. K223CI currently operates as Spanish Adult Hits “Toño 92.5” rebroadcasting Lotus’ 96.1 KLPX-HD3. As part of the deal, Bustos will lease KLPX-HD3 for $5000 per month starting November 1 to simulcast either Conservative Talk “1030 The Voice” or 106.3 KTGV-HD2.
Vic Michael’s Mountain Community Translators sells 107.5 K298CK Phoenix AZ to Amigo Multimedia for $60,000. K298CK rebroadcasts Amigo’s Spanish News/Talk “Onda 1190” KNUV Tolleson.
Woof Boom Radio sells 98.3 W252CY Anderson IN to Inter-Mirifica for $10,000. The translator already rebroadcasts the buyer’s “Indy Catholic Radio” 90.9 WSQM Noblesville.
