840 Rio Grande Valley

Station Sales Week Of 11/6

Station Sales Roberto Gonzalez’s MBM Radio sells Variety Hits “104.9 Jack-FM” KJAV Alamo and Spanish News/Talk 840 KVJY Pharr in the Rio Grande Valley of Texas to Andrés Bichara’s Bi-Media License for $2.2 million. These are Bi-Media’s first stations, while MBM as R Communications will still retain 3 FMs and 1 AM in the McAllen/Edinburg/Brownsville market. In addition to beginning to operate WJSJ Fernandina Beach/Jacksonville FL as “CBS Sports 105.3“, Neal Ardman’s NIA Broadcasting will purchase the station from Tama Broadcasting’s bankruptcy receiver Scott Savage for $800,000. Lazer Broadcasting is acquiring the Construction Permit for a Monterey/Salinas market rimshot on 98.7 in Greenfield CA from Lotus Communications for $250,000. Th...[Read More]

Border Media Sells Rio Grande Valley Stations

Border Media Partners has sold its Rio Grande Valley cluster to MBM Radio for $2.5 Million. The stations included are News/Talk 710 KURV Edinburg, “Fox Sports 840” KVJY Pharr, Regional Mexican “La Ley 92.7” KESO South Padre Island, “Super Tejano” 95.3 KZSP South Padre Island & 102.1 KBUC Raymondville, and Variety Hits “104.9 Jack-FM” KJAV Alamo. Border also manages four Mexican stations that cover the Rio Grande Valley market: Spanish Oldies “La Lupe” 620 XEGH/89.1 XHCAO, Spanish CHR “Digital 101.5” XHAVO, and 102.5 XHRR which duplicates the programming of 92.7 KESO. MBM will assume the management of those stations as well. MBM Radio previously announced plans to acquire Border Media’s Laredo cluster earlier...[Read More]