890 Fargo

Station Sales Week Of 10/6

Robert Ingstad, Todd Ingstad, and Tallie Ingstad Colville are buying out the 25% stake of sister Tanya Ingstad Knudson in I3G Radio for $50,000. The three remaining siblings will increase their holdings in the company from 25% to 33.3%. I3G Radio LLC owns Farm “AG News 890” KQLX and Farm/Country “Thunder 106.1” KQLX-FM Lisbon/Fargo ND. I3G Radio will then purchase cousin Brooke Ingstad’s Radio Wahpeton-Breckenridge’s Country 1450 KBMW and Hot AC “B92.7” KBMW-FM Breckenridge MN for $925,000. Brooke Ingstad had purchased what became KBMW-FM from Robert Ingstad’s Basin Mediactive in 2016. for $275,000 and 1450 KBMW from her father James Ingstad’s Radio FM Media for $300,000. An LMA for the two stations started on September 1. Aasen P...[Read More]

Ingstad Family To Split Three More Fargo Stations

The various members of the Ingstad family are continuing to purchase stations around Fargo with the purchase of three stations from Dakota Broadcasting. Brooke Ingstad’s Radio Wahpeton Breckenridge will acquire Classic Hits “106.9 The Eagle” KEGK Wahpeton ND from Dakota Broadcasting for $600,000. Brooke is in the process of acquiring Country 1450 KBMW Breckenridge from her father James Ingstad’s Radio Fargo-Moorhead and Classic Hits “92.7 The Drive” KZDR Kindred ND from her cousin Robert Ingstad III and moving it out of the Fargo market to Breckenridge MN. Robert Ingstad will partner with his siblings Tallie Colville, Tami Ingstad Knudson, and Todd Ingstad to purchase Dakota’s Farm 890 KQLX and Country “Thunder 106.1” KQLX-FM Lisbon ND ...[Read More]