Station Sales After leasing 98.3 WPKV Duquesne/Pittsburgh PA for seven years, Educational Media Foundation is excercising its option to purchase the station from Forever Media’s FM Radio Licenses for $6.7 million and two translators. Forever will acquire 105.5 W288BO Pittsburgh and 96.7 W244BR Springfield OH. Forever also announced its acquisition of 94.3 WINX-FM and 96.7 WCEI-FM from First Media Radio for $6.5 million. First Media Radio is also selling its remaining assets in West Central Pennsylvania to Seven Mountains Media. For $4.5 million Seven Mountains will acquire Hot AC 93.1 WQYX Clearfield, Rock “ZDB Rocks” 95.9 WZDB Sykesville/101.3 WZDD Strattanville, Country “Q102” 102.1 WOWQ Du Bois, and Oldies 900 WCPA Clearfield. The two groups previously made...[Read More]
Dimes Media has brought some pieces of the former “New Rock 107.3” KURQ Grover/San Luis Obispo CA back to the market. 1340 KYNS San Luis Obispo/93.7 K229AK Baywood-Los Osos/106.1 KWWV-HD3 have flipped to Alternative “Alt 93.7“. Two on-air pieces of the former KURQ have joined KYNS. The syndicated Bob & Tom will air in mornings, while Hammer joins for afternoons. Just like at KURQ, Hammer will voicetrack for San Luis Obispo from his base at One Putt Broadcasting’s “New Rock 104.1” KFRR Fresno. The former Soft AC “B93.7” format heard on KYNS/K229AK continues to be heard as “B98.5” on K253BR San Luis Obispo/KKWV-HD2. The station had been heard on both frequencies since K253BR signed-on earlier this year.
The final station of El Dorado Broadcasters San Luis Obispo cluster to find a new owner has been revealed. El Dorado has agreed to donate 101.3 KJRW Los Osos-Baywood to Santa Monica College’s Public 89.9 KCRW Santa Monica/Los Angeles. KJRW was the former AC “Coast 101.3” KSTT until the intellectual property of that station was transferred to American General Media’s 104.5 KIQO last month. KJRW will become the sixth full powered station carrying KCRW’s programming joining 88.1 KCRY Mojave, 88.7 KDRW Santa Barbara, 89.1 KCRU Oxnard, and 89.3 KCRi Indio/Palm Springs.
EMF will pay $350,000 to El Dorado for KSLY-FM. KSLY-FM has applied for a main studio waiver to rebroadcast 91.9 KLVR Middletown CA meaning that it will become the “K-Love” affiliate for San Luis Obispo while 88.5 KLVH will perhaps switch over to “Air 1“. Original Report 7/15: The sell-off of El Dorado Broadcasters’ Central California assets continues as the company has agreed to sell 96.1 KSLY-FM San Luis Obispo to Educational Media Foundation. KSLY-FM dropped its short-lived Country “96.1 SLO Country” format at the end of June and along with sister 101.3 KJRW Los Osos-Baywood Park went dark, while sister 107.3 KURQ Grover Beach flipped from Active Rock to Regional Mexican as Gold Coast Radio began operating it via LMA. No purchase price has been ...[Read More]
Following the sign-off of Modern Rock “New Rock 107.3” KURQ Grover Beach/San Luis Obispo at the end of June, we now know who is operating the El Dorado Broadcasters owned station. Gerardo Ceja’s Gold Coast Radio, the owner of Regional Mexican “La M 103.7” KMLA El Rio/Ventura is now simulcasting on KURQ. KMLA currently leads the Oxnard/Ventura market with a 7.9 share as of the Fall 2015 Nielsen Audio ratings. The simulcast does have a coverage hole over Lompoc and Santa Barbara.
In addition to the sale of News/Talk 920 KVEC and transfer of the IP of AC “Coast 101.3” KSTT to American General Media’s Classic Hits “Q104.5” KIQO Atascadero, El Dorado Broadcasters has seemingly shut down operations in San Luis Obispo CA. Modern Rock “New Rock 107.3” KURQ Grover Beach ceased broadcasting at midnight and was replaced with a Regional Mexican format. Additionally the web presence for Country “96.1 SLO Country” KSLY-FM San Luis Obispo has gone missing and no word on what is now on 101.3 KJRW following the move of KSTT. Andrew Cannon, PD of the El Dorado San Luis Obispo cluster has crossed town to join Dimes Media Rhythmic CHR “Wild 106.1” as Program Director. Attempts to reach out to El Dorado have so far pro...[Read More]
We now know where the KSTT IP will relocate on July 1. American General Media has registered Coast1045.com for the station and has applied to relocate the KSTT call letters to what is now Classic Hits “Q104.5” KIQO Atascadero. 101.3 in turn will take the KJRW call letters. Rewind? While KSTT was tied for second in the Fall 2015 Nielsen Audio ratings with a 5.1 share, KIQO was not far behind in fourth with a a 4.7 share. Original Report 5/31: El Dorado Broadcasters continues to sell off its assets as it has made a third deal with American General Media to acquire the intellectual property for AC “Coast 101.3” KSTT Los Osos/San Luis Obispo CA. The move will take place on July 1 to as yet unannounced frequency. AGM currently owns Variety Hits “Krush 92.5” K...[Read More]
Station Sales Logos Broadcasting Corporation is selling Christian AC “Life 89.3” KLFF San Luis Obispo CA to Family Life Broadcasting for $400,000. Family Life will convert KLFF to a satellite rebroadcaster of 88.5 KFLT-FM Tucson AZ along with eighteen other stations. Eduardo Zavala’s ZGS Communications sells Regional Mexican “La Ley 1550” WAMA Tampa FL to George and Esperanza Arroyo’s Q Broadcasting for $550,000. The Arroyo’s son Manuel previously purchased 107.7 W299CI Melbourne FL to move to Tampa to rebroadcast WAMA. GLG Media will convert their Time Brokerage Agreement of Christian Talk “1120 The Bridge” KTXW Manor/Austin TX to an outright purchase from Bustos Media for $1.75 million. GLG has operated KTXW since June 2014. Lee Reyno...[Read More]
Station Sales Mark Jorgenson’s ACM JCE IV B LLC sells 1480 KBXD Dallas to Chris Muse for $1.5 million plus a $13,000 payment to break the station’s tower lease. The previously announced sale of News/Talk 920 KVEC San Luis Obispo CA from El Dorado Broadcasters to American General Media has been filed with the FCC and a purchase price of $450,000. Randy Michaels’ Radioactive LLC sells Classic Hits 95.9 WIQI Watseka IL to Joe Young’s Smash Hit Media for $100,000. Smash Hit Media has been operating WIQI via LMA since February 2015. LKCM Radio sells “Coyote Country K96” 95.7 KYBE Frederick OK to Monte Spearman’s High Plains Radio Network for $175,000. Jose Roberto and Aida Esperanza Ekonomo’s Eko Media Group sells “Fox Sports 1400” WSP...[Read More]
With El Dorado Broadcasters selling half of their “Sunny Country” simulcast in San Luis Obispo/Santa Maria CA, the market finds itself with two competing stations. American General Media has closed on its purchase of 102.5 KSNI-FM and News/Talk 1240 KSMX Santa Maria from El Dorado. KSNI-FM retains the “Sunny Country” branding but the airstaff exits. Jay Turner, who served as PD/Morning Host at KSNI from 1999 through 2012 returns to the station as APD/Morning Host. He had been working as PD/Afternoon host at El Dorado’s Classic Rock 99.1 KXFM in the market. With El Dorado retaining 96.1 KSLY-FM San Luis Obispo, the station has become “96.1 SLO Country“. Group Production Director Scott Taylor and AC “Coast 101.3” KSTT midday host Jennifer...[Read More]
In addition to its pending sale of Country “Sunny Country 102.5” KSNI-FM and News/Talk 1240 KSMX Santa Maria to American General Media, El Dorado Broadcasters is selling Regional Mexican “106.7 El Compa” KSMY to Lazer Broadcasting for $400,000. Lazer owns Regional Mexican “La Mejor 1480″ KSBQ Santa Maria but no stations carrying its flagship “Radio Lazer” brand in the market. Original Report 2/26: American General Media is adding two more stations to its Santa Maria CA cluster. AGM is acquiring Country “Sunny Country 102.5” KSNI-FM and News/Talk 1240 KSMX Santa Maria from El Dorado Broadcasters for an undisclosed price. American General Media already owns Rhythmic CHR “95.7 The Beat” KPAT, Regional Mexican “La Le...[Read More]
Moves made by Educational Media Foundation and Bob Stevens’ Broadcast Communications in recent months have now converged as the two groups agree to exchange three stations and a translator. Broadcast Communications and subsidiary Broadcast Educational Communications will send Silent 88.1 WKJL Clarksburg, WV and 106.9 WRIJ Masontown, PA/Morgantown, WV to EMF in exchange for 95.9 WDKL Grafton, WV and 95.3 W237CX Bridgeport, WV. Broadcast Communications acquired both stations from He’s Alive, Inc. last year for a combined $375,000. EMF applied earlier this month to relocate WDKL to Loch Lynn Heights, MD which will enable it to become BCI’s fourth station serving the Oakland, MD market. BCI will enter into a Network Affiliation Agreement with EMF to place “K-Love”...[Read More]