Station Sales Week Of 10/21

Station Sales Salem Media is converting its LMA of Conservative Talk “860 The Answer” KTRB San Francisco into a $5.125 million purchase from Susan Uecker, the bankruptcy court appointed receiver of Pappas Radio through an East Bay Broadcasting subsidiary. Salem began operating KTRB on July 1 after a previous attempt to sell the station to John Douglas’ US International Radio for $6.5 million in 2015 was cancelled. Apex Media agrees to purchase Hot AC “i93.7” WALI Walterboro SC from Premiere Enterprises for $325,000. The station has also filed an application to relocate to Burton SC where it will join Apex Media’s Variety Hits “SC103” 103.1 WVSC Port Royal and Classic Hits “104.9 The Surf” WLHH Ridgeland in targeting the Hilton Hea...[Read More]

Q94 and Classic Rock Return To Altoona

Sherlock Broadcasting dropped its Country “True Country 94.3” format on WBXQ Patton/Altoona, PA yesterday and returned the heritage Classic Rock “Q94” format to the market. The “Q94” identity had a long run in the market with Classic Rock through the 90’s and early 2000s on 94.7 WBXQ and later simulcasting on 94.3 WBRX. The two stations swapped call letters when 94.7 flipped to AC “Mix 94.7” in 2007. WBXQ then flipped to its now former Country format in 2009. The Altoona market has been without a dedicated Classic Rock station. Forever Media Rock “Rocky 104.9” WRKY-FM Hollidaysburg had the Rock market to itself.

Forever Broadcasting & Keymarket Licenses To Merge

Three of Kerby Confer and Donald Alt’s broadcast holding companies are merging. Forever of PA, LLC, Keymarket Licenses, and Forever Broadcasting LLC will merge into FM Radio Licenses, LLC. The combined company will own 45 stations and 1 translator in Pennsylvania, Ohio, and West Virginia including Forever’s stations in Altoona, Johnstown, Meadville/Franklin, New Castle, State College and Keymarket’s stations in Pittsburgh and Uniontown, PA and Wheeling, WV. The FCC filing states estate planning as the reason for the merger. Following the closing of the transaction on December 31, ownership of FM Radio Licenses will be split as such: 34% – Judy Alt Irrevocable Trust (Donald Alt, Trustee) 22% – Kerby Confer Granted Annuity Trust (Kerby Confer, Trustee) 18% ̵...[Read More]