John Brown University continues its growth in northwestern Arkansas with the purchase of Rock “94.5 The Fort” KFPW-FM Barling/Fort Smith from Pharis Broadcasting for $290,000. The buyer will flip the station to non-commercial status joining their Christian AC 90.9 KLRC Tahlequah OK and 101.1 KLAB Siloam Springs AR and Christian Rhythmic “100.3 Real-FM” KRLY Gravette AR. Pharis retains “The Sports Hog 103.5” KHGG-FM Mansfield and Classic Hits “Kool 104.7” KQBK Waldron AR.
Kristy Roberts transfers Spanish Media Consulting Corporation Regional Mexican “La Jota Mexicana” 1570 KXJJ/101.3 K267CD Loveland CO to William Neidig for $16,000.
Solid Rock Baptist Church purchases Gospel 760 WCIS/100.9 W265DY Morganton NC from John Whisnant’s W.F.M. Incorporated for $100,000.
Jeffrey Jones sells his 50% stake in Audiotraxx Media Partners LLC’s “Rock Classics 103.9″ 1540 WTXY/103.9 W280FO Whiteville NC to partner Glasgow Hicks for $45,000.
kent
Pharis has been wanting to leave the business and retire for several years, or so I’ve heard. Makes me wonder if we’ll see a deal on the rest of his stations before long.
94.5 has come full-circle. It started as “95 Alive” KPHN in the late 80’s/early 90’s and has done religion at least one other time during its existence.