The closing of the two deals between Burke Broadcasting, Mississippi Broadcasters, and New South Radio has led to a three station format shuffle in Meridian MS. The Urban format of “105.7 The Beat” WJXM De Kalb stays with Clay Holladay’s Mississippi Broadcasters as it moves to 95.1 WKZB Marion as “95.1 The Beat“. That move sends Burke’s Classic Hits “95.1 The Buzz” to 97.9 WUCL Newton and “Classic Country 97.9” to 105.7 WJXM. Burke had been operating the stations formerly owned by New South Media since March 2015 via Time Brokerage Agreement and acquired them for $500,000. He then swapped WKZB and 910 WALT Meridian to Mississippi Broadcasters for WJXM, but continues to operate WALT via TBA.
After eight years in the Transition Radio trust, Multicultural Broadcasting is reacquiring Brokered Ethnic 900 KALI West Covina/Los Angeles CA while putting Korean 1230 KYPA Los Angeles in its place. The exchange will keep Multicultural with 5 AMs and 1 FM in the Los Angeles market: KALI, 1300 KAZN Pasadena, 1580 KBLA Santa Monica, 1430 KMRB San Gabriel, 1600 KAHZ Pomona and 106.3 KALI-FM Santa Ana. Stu-Comm AAA 91.9 WNRN Charlottesville VA is expanding its presence in Richmond with the acquisition of Gospel 1590 WFTH Richmond from Tri-City Christian Radio for $300,000. Stu-Comm began operating WFTH via LMA on May 17. WNRN is also heard in the Richmond market on 103.1 W276BZ Midlothian. After Northern Star Broadcasting sold the remainder of their stations last week, we know now who acquire...[Read More]
Following the closing of a sale that saw three stations spun off to other operators and one station donated, the repercussions are starting to be felt in Meridian, MS. Mississippi Broadcasters LLC, who already owned four stations in the market, purchased the five station cluster owned by Clear Channel and operated by URBan Radio for $1.1 Million. In order to fit under market caps, 95.1 WJDQ and 104.1 WZKS were then sold to New South Communications for $350K. 93.5 WMLV was sold to EMF Broadcasting for $175K and 106.9 WKZB was donated to Meridian Community College. The formats are shuffling all over the place with the ownership changes. 101.3 WMSO has dropped its Country “Miss 101” format for Adult CHR “Q101” merging the programming previously heard on 95.1 WJDQ as ...[Read More]