Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 11/11/2001 7:00:00 PM
Information provided by BIA Financial Networks' Media Access Pro, Chantilly, Va. www.bia.com
FMs
KMEZ(FM) Belle Chasse and WRNO-FM New Orleans
Price: $23 million
Buyer: Wilks Broadcasting LLC (Jeff Wilks, CEO); owns 15 other stations, including WSJZ-FM and WYLA-FM New Orleans.
Seller: Beasley Broadcast Group (George G. Beasley, Chairman/CEO)
Facilities: KMEZ(FM): 102.9 MHz, 5 kW, ant. 604 ft.; WRNO-FM: 99.5 MHz, 100 kW, ant. 1,004 ft.
Format: KMEZ(FM): urban oldies; WRNO-FM: classic rock
Broker: Michael J. Bergner, Bergner & Co.
KAJM-FM and KAZL-FM Payson (Phoenix), Ariz.
Price: $8 million
Buyer: Lakeshore Media LLC (Chris Devine, member); owns two other stations, none in this market
Seller: Sierra H. Broadcasting Inc (Jayson R. Brentlinger, president)
Facilities: KAJM-FM:104.3 MHz, 100 kW, ant. 1,070 ft.; KAZL-FM: 101.1 MHz, 82 kW, ant. 1,070 ft.
Format: KAJM-FM: R&B oldies; KAZL-FM: classic hits
Broker: Kalil & Co. Inc.
KBTO(FM) Bottineau, N.D.
Price: $595,000
Buyer: Programmers Broadcasting Inc. (John Kircher, president); no other broadcast interests
Seller: Ivers Broadcasting (Richard Ivers, president)
Facilities: 101.9 MHz, 52 kW, ant. 489 ft.
Format: Country
Broker: Bill Lytle of Media Services Group
WCFR-FM Walpole, N.H.
Price: $200,000
Buyer: Vox Media Corp. (Jeff Shapiro, owner); owns 29 other stations, none in this market.
Seller: Walpole Radio Partners (Gary P. Savoie, sole proprietor); currently 49%-owned by Vox and will sell remaining 51% to Vox
Facilities: 96.3 MHz, 320 W, ant. 407 ft.
Format: Oldies
AMs
WRGC(AM) Sylva, N.C.
Price: $450,000
Buyer: Sutton Radiocasting Corp. (Douglas Sutton Jr., chairman/CEO); owns 10 other stations, none in this market
Seller: Childress Radio (James B. Childress, president)
Facilities: 680 kHz, 1 kW day, 250 W night
Format: Country Christian
WIBS(AM) Guayama, P.R.
Price: $300,000
Buyer: Pedro Roman Collazo; owns three other stations, none in this market
Seller: Wigberto Baez Santiago (Wanda Baez Diaz, sole heir)
Facilities: 1540 kHz, 1 kW
Format: Spanish/variety
WJRI(AM) Lenoir, N.C.
Price: $300,000
Buyer: McClatchey Broadcasting Co. (Billy McClatchey, president); owns two other stations, none in this market
Seller: WJRI Inc. (Don Goodale, general manager)
Facilities: 1340 kHz, 1 kW day, 1 kW night
Format: Oldies
WKGX(AM) Lenoir, N.C.
Price: $245,000
Buyer: McClatchey Broadcasting Co. (Billy McClatchey, president); owns two other stations, is buying WJRI(AM) in this market
Seller: Furniture City Broadcasters (Rooster Bush, owner)
Facilities: 1080 kHz, 5 kW
Format: Country/blue grass
KCGS(AM) Marshall, Ark.
Price: $200,000
Buyer: Southland Broadcasting Corp. (Wilmer Feltman, president); no other broadcast interests
Seller: Ragland Broadcasting Corp, (Roy Ragland, owner/GM)
Facilities: 960 kHz, 3 kW day
Format: Gospel
WLFE(AM) Plattsburgh, N.Y.
Price: $150,000
Buyer: Northeast Broadcasting Co. (Steven A. Silberburg, clerk/director); owns 10 other stations, none in this market.
Seller: Family Broadcasting Network (Alexander McEwing, president)
Facilities: 1070 kHz, 5 kW day
Format: Country
WVZN(AM) Columbia, Pa.
Price: $165,000
Buyer: Esfuerzo de Union Cristiana (Wilson Cortez, president/director); no other broadcast interests
Seller: Susquehanna Association for the Blind and Vision Impaired (Dennis Steiner, vice president)
Facilities: 1580 kHz, 500 W day, 5 W night
Format: News, talk
WVMC(AM) Mount Carmel, Ill.
Price: $85,000
Buyer: Wabash Communications Corp. (Randolph Bell, vice president); owns three other stations, none in this market
Seller: Original Company Inc. (Mark Lange, president)
Facilities: 1360 kHz, 500 W day, 20 W night
Format: Nostalgia
KJBC(AM) Midland (Odessa-Midland), Texas
Price: $85,000
Buyer: La Promesa Foundation (Leonard Oswald, president/secretary); no other broadcast interests
Seller: First Coast Catholic Communications Inc. (J. Christopher Williams, president)
Facilities: 1150 kHz, 1 kW day
Format: Christian talk
WGAM(AM) Greenfield, Mass.
Price: $70,000
Buyer: Edward Skutnik; no other broadcast interests. Note: Skunik is exercising his right to purchase the station under an asset-purchase agreement dated July 20, 1996
Seller: Vox Media Corp. (Jeff Shapiro, owner)
Facilities: 1520 kHz, 10 kW day
Format: Easy
WHDM(AM) McKenzie, Tenn.
Price: $69,000
Buyer: Benton-Weatherford (Larry Weatherford, president); owns four other stations, none in this market.
Seller: Gateway Broadcasting LLC (Bruce L. Cox, president)
Facilities: 1440 kHz, 500 W day, 91 W night
Format: Gospel country
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