Nearly three years after selling CHR “U93” 92.9 WNDV-FM South Bend, “Rock 97.7” WYXX Goshen, and 1980s Hits 102.3 WYET New Carlisle IN to Sound Management LLC, Artistic Media Partners is reacquiring the three stations for $3.4 million. Sound Management had paid $3.5 million for the stations in October 2014, but the owners of that company also make up the management and part of the ownership of Artistic. The deal reunites the three FMs with Standards 1620 WDND South Bend and two FMs in Bloomington IN. The estate of Joel Kinlow sells Silent 101.5 KAVH Eudora AR to Larry Fuss’ Contemporary Communications for $75,000. Contemporary owns Country “Kix 92.7” WMYQ Moorhead MS and Fuss is a partner in Delta Radio Network which owns six stations across the Mi...[Read More]
Arthur A. Angotti is selling Artistic Media Partners three FM’s in South Bend, IN to Sound Management, LLC. The $3.5 million sale of CHR “U93” WNDV-FM and Classic Hits simulcast “The Stream” 97.7 WSSM Goshen/102.3 WSMM New Carlisle will transfer operations of the stations to Angotti’s son Arthur A. Angotti III. Sound Management’s ownership will have 45% held by Angotti III, 10% by Barbara Angotti, and 45% by Artistic Media Partners. Sound Management will begin operating the stations via LMA on November 1. Angotti III currently serves as President of Aristic. That company will continue to own WNDV simulcast 1620 WDND South Bend, two FMs in Bloomington, and 1 AM and 3 FMs in Lafayette, IN.