1540 Las Vegas

Station Sales Week Of 3/31

After ten years in the Last Bastion Divestiture Trust from the Citadel Broadcasting purchase of ABC Radio, Cumulus Media has sold Sports “105.3 The Pro” KINB Kingfisher/Oklahoma City OK to Perry Media Group for $225,000. Perry owns Urban AC “Heart & Soul 92.1” 1140 KRMP/92.1 K221FQ Oklahoma City and Urban “Power 103.5” KVSP Anadarko in the market. Following the sale of its two other Houma LA stations to Lisa Stiglets and Elizabeth McQueen’s JLE, Inc earlier this month, My Home Team Media has sold Classic Rock “LA 106.3” KXOR-FM Thibodaux to Educational Media Foundation for $525,000. EMF will flip the station to its “K-Love” Christian AC network. After the stations it leases were sold to Twin Islands Media Group in February, G...[Read More]

FCC AM Auction Complete

After six days of bidding, 5he FCC’s auction of 22 Construction Permits for new AM signals is now complete. Of the 22 stations available, only 10 received bids from the 17 qualified bidders over 34 rounds. The FCC gained $891,500 from the auction of the ten stations. With a $409,000 bid in the 32nd round, The Levine/Schwab Partnership gains 1500 in Culver City, CA. The Los Angeles market station will operate with 25kW daytime and 1kW nights. Their bid beat a competing attempt from Royce International, who had been attempting to get their former 1500 KRCK Burbank relicensed and built in Culver City since the mid-80’s. $409,000 also gives Alexander Communications a CP to relocate its 1300 WRCR Spring Valley to Ramapo with 10kW daytime and 1kW nights. Alexander beat out a competin...[Read More]

FCC To Auction 22 New AM Signals

On May 6, 2014 the FCC will hold a closed auction of twenty two new AM licenses. The auction will resolve mutual exclusive applications dating back to a 2003 filing window. Bidding will be limited to the groups who have already applied for the licenses. There are a total of 57 applications that will lead to up to 22 new signals. Among the licenses available are: Rocye International Broadcasting and Levine/Schwab Partnership seek 1500 in Culver City, CA in the Los Angeles market. Royce seeks to operate with 50kW-Day 4.3kW-Night; while Levine/Schwab applied for 25kW-Day 1kW-Night. Royce previously owned the license to now deleted 1500 in Burbank that is had been attempted to relocate to Culver City for the past two decades Four bidders are competing for 1700 in Rockland County, NY. Talkline ...[Read More]