Deals
By BIA Financial Networks -- Broadcasting & Cable, 4/10/2005 8:00:00 PM
TVs
KEAT(LP) Amarillo, Texas
PRICE: $200,000
BUYER: Equity Broadcasting Corp.
(Greg W. Fess, EVP)
SELLER: Univision Communications
Inc. (A. Jerrold Perenchio, chairman/CEO)
FACILITIES: Ch. 22, 12.9 kW
AFFILIATION: Uni.
W68DR Rehoboth Beach, Del.
PRICE: $2,550
BUYER: Victory Television Inc.
(William Greene, president)
SELLER: Trinity Broadcasting Network
(Paul F. Crouch, president)
FACILITIES: Ch. 68, 5.5 kW
AFFILIATION: TBN
K61HN Lewiston, Idaho
PRICE: $2,000
BUYER: Brady Broadcasting (William
G. Brady, owner)
SELLER: ESI Broadcasting Corp. (Mike
Stocklin, president/director)
FACILITIES: Ch. 61, 5 kW, ant. -624
ft.
K24GP Lubbock, Texas
PRICE: $1
BUYER: Mako Communications LLC
(Michael Mintz, member)
SELLER: Venture Technologies Group
LLC (Lawrence Rogow, president)
FACILITIES: Ch. 24, 10 kW, ant. 666
ft.
W63DC and W65EF Ocean City, Md.
PRICE: $1
BUYER: Chris McHale (Chris McHale,
owner)
SELLER: Chang Broadcasting (Jeff
Chang, member)
FACILITIES: W63DC: Ch. 63, 11.2 kW,
ant. 397 ft.; W65EF: Ch. 65, 7 kW, ant. 398 ft.
AFFILIATION: W63DC: TBN
COMMENT: Jeff Chang is assigning his
50% interest in the CPs for W63DC and W65EF Ocean City, Md., giving Chris
McHale 100% ownership in these two CPs.
K56GY Greybull, Wyo.
PRICE: Donation
BUYER: Central Wyoming College
(Joanne McFarlen, president/CEO)
SELLER: Mark Silberman (Mark
Silberman, owner)
FACILITIES: Ch. 56, 0.999 kW
K58GQ Glendo, Wyo.
PRICE: Donation
BUYER: Central Wyoming College
(Joanne McFarlen, president/CEO)
SELLER: Mark Silberman (Mark
Silberman, owner)
FACILITIES: Ch. 58, 0.999 kW
K28IE Barstow, Calif.
PRICE: Undisclosed
BUYER: Chang Broadcasting (Jeff
Chang, member)
SELLER: Equity Broadcasting Corp.
(Greg W. Fess, EVP)
FACILITIES: Ch. 28, 30 kW, ant. 697
ft.
K35BW Lewiston, Idaho
PRICE: No cash consideration
BUYER: Cowles Publishing Co. (Betsy
Cowles, chair of the board)
SELLER: Orchards Community TV
Association Inc. (H.V. Yochum, president)
FACILITIES: Ch. 35, 0.174 kW
COMMENT: The only consideration is
the continued operation of K35BW without further cost to the seller. K35BW is
being used to rebroadcast the signal of KHQ Spokane, Wash.
KKRP(LP) St. George, Utah
PRICE: No cash consideration
BUYER: TSM Inc. (Ray Carpenter,
president)
SELLER: Washington County TV Dept
(Ray Carpenter, technical director)
FACILITIES: Ch. 46, 0.745 kW
AFFILIATION: ABC
WRNT(LP) Hartford, Conn.; WESA(LP) Springfield,
Mass.
PRICE: Undisclosed
BUYER: R and S Broadcasting LLC
(Salvatore Minniti, manager)
SELLER: Salvatore Minniti (Salvatore
Minniti, owner)
FACILITIES: WRNT(LP): Ch. 48, 50 kW;
WESA(LP): Ch. 34, 45 kW
COMMENT: Transfer from an
individual, Salvatore Minniti, to a limited-liability company whose equity
members are Minniti and his wife, Rita Minniti
K52JO Wichita Falls, Texas
PRICE: Undisclosed
BUYER: Hispanic Christian Community
Network Inc. (Omar Vasquez, VP)
SELLER: Vernon G. Snyder (Vernon G.
Snyder III, owner)
FACILITIES: Ch. 52, 10 kW
BROKER: The LPTVStore.com LLC
FMs
KTCM(FM) Kingman, Kan.
PRICE: $1.7 million
BUYER: Connoisseur Communications
(Jeff Warshaw, CEO); owns no other stations
SELLER: Maria Salazar
FACILITIES: 100.3 MHz, 48 kW, ant.
505 ft.
FORMAT: Spanish/Mexican
BROKER: Michael J. Bergner of
Bergner & Co.
WHLG(FM) Port St. Lucie (Ft. Pierce-Stuart-Vero
Beach), Fla.
PRICE: $1.2 million
BUYER: Horton Broadcasting Co.
(Vernon D. Smith, president); owns no other stations
SELLER: Horton Broadcasting Co.
(Helen B. Horton, president)
FACILITIES: 101.3 MHz, 6 kW, ant.
299 ft.
FORMAT: AC
COMMENT: Smith is buying Helen B.
Horton's 20% common stock and 100% voting stock in Horton Broadcasting Co.
(HBC), making him 100% holder of the votes and assets.
KVUW(FM) Wendover, Nev.; NEW (FM)(CP) Laramie
(Cheyenne), Wyo.
PRICE: $750,000
BUYER: Mountain States Radio Inc.
(Victor A. Michael, president); owns six other stations, including KRQU(FM)
Cheyenne
SELLER: Mt Rushmore Broadcasting
Inc. (Jan C. Gray, president)
FACILITIES: KVUW(FM): 102.3 MHz, 3
kW, ant. 26 ft.; NEW (FM): 98.7 MHz, 110 W, ant. 1,073 ft.
FORMAT: KVUW(FM): CP–NOA; NEW
(FM): CP–NOA
WKNZ(FM) Collins (Laurel-Hattiesburg),
Miss.
PRICE: $550,000
BUYER: Rainey Broadcasting Inc.
(Kenneth Rainey, president/director); owns one other station, WMXI(FM)
Laurel-Hattiesburg
SELLER: Radio Broadcasters LLC
(Kenneth Rainey, managing member)
FACILITIES: 107.1 MHz, 2 kW, ant.
541 ft.
FORMAT: Modern AC
COMMENT: John H. Phillips is selling
his 50% interest in Radio Broadcasters LLC (RBL) to Cheryl Rainey; the
remaining 50% interest in RBL is held by Kenneth Rainey.
KXXQ(FM) Milan, N.M.
PRICE: $450,000
BUYER: IHR Educational Broadcasting
(Douglas Sherman, president); owns seven other stations, none in this
market
SELLER: Tom Hodgins
FACILITIES: 100.7 MHz, 100 kW, ant.
1,362 ft.
FORMAT: Country
BROKER: MCH Enterprises Inc
WSEH(FM) Cumberland, Ky.
PRICE: $265,000
BUYER: Regina Kay Moore; owns one
other station
SELLER: Cumberland City Broadcasting
(Susan Burton, GM)
FACILITIES: 102.7 MHz, 175 W, ant.
1,824 ft.
FORMAT: Country
KQNS(FM) Lindsborg, Kan.
PRICE: $220,000
BUYER: Waitt Radio (George
Pelletier, SVP, radio); owns 42 other stations, none in this market
SELLER: B-B Broadcasting Inc.
(Elizabeth A. Chalmers, president)
FACILITIES: 95.5 MHz, 16 kW, ant.
417 ft.
FORMAT: Lite Rock
COMMENT: Buyer has been programming
the station.
KKVO(FM) Altus, Okla.
PRICE: $150,000
BUYER: Educational Media Foundation
(Richard Jenkins, president); owns 121 other stations, none in this market
SELLER: Altus Educational
Broadcasting Foundation (Bat Masterson, president)
FACILITIES: 90.9 MHz, 4 kW, ant. 820
ft.
FORMAT: Christian
BROKER: Greg Guy of Patrick
Communications
WHFD(FM) Lawrenceville, Va.
PRICE: $100,000
BUYER: Lawrenceville Christian
(Katrina T. Chase, president); owns no other stations
SELLER: Willis Broadcasting Corp.
(Levi E. Willis, president)
FACILITIES: 105.5 MHz, 6 kW, ant.
154 ft.
FORMAT: Black Gospel
WWZP(FM) Freeland (Saginaw-Bay City-Midland),
Mich.
PRICE: $75,000
BUYER: Educational Media Foundation
(Richard Jenkins, president); owns 125 other stations, including WTRK(FM)
Saginaw-Bay City-Midland
SELLER: American Family Association
Inc. (Donald E. Wildmon, chairman)
FACILITIES: 90.9 MHz, 240 W, ant.
213 ft.
FORMAT: Christian
WUPY(FM) Ontonagon, Mich.
PRICE: $75,000
BUYER: JBS Ltd (Bruce Lindsey,
president); owns no other stations
SELLER: S&S Broadcasting (Robert
Shulz, president)
FACILITIES: 101.1 MHz, 100 kW, ant.
620 ft.
FORMAT: Country
KVFR(FM)(CP) Laytonville, Calif.
PRICE: $50,000
BUYER: Radio Bilingue Inc. (Hugo
Morales, owner/executive director); owns five other stations, none in this
market
SELLER: Family Stations Inc. (Harold
Camping, president)
FACILITIES: 88.5 MHz, 1 kW, ant.
2,336 ft.
FORMAT: CP–NOA
BROKER: Public Radio Capital
AMs
KNRC(AM) Englewood (Denver-Boulder),
Colo.
PRICE: $5.53 million
BUYER: New Radio Venture LLC (Maria
Elena Llansa, manager); owns one other station, not in this market
SELLER: NRC Broadcasting Inc. (Tim
Brown, chairman/CEO)
FACILITIES: 1150 kHz, 50 kW day/1 kW
night
FORMAT: News/Talk
BROKER: Larry Patrick, Patrick
Communications; Jody McCoy, Media Services Group
KMZT(AM) Piedmont (San Francisco),
Calif.
PRICE: $5.1 million
BUYER: Mapleton Communications LLC
(Adam Nathanson, president); owns 28 other stations, none in this market
SELLER: Mt Wilson FM Broadcasters
(Saul Levine, president)
FACILITIES: 1510 kHz, 8 kW day/230 W
night
FORMAT: Oldies
BROKER: American Radio Brokers
Inc./SFO
WYXC(AM) Cartersville (Atlanta),
Ga.
PRICE: $500,000
BUYER: Clarion Communications Inc.
(Charles Shiflett, president); owns no other stations
SELLER: Rogers Communications Inc.
(William Rogers, president)
FACILITIES: 1270 kHz, 2 kW
FORMAT: News/Talk/Sports
KTTP(AM) Pineville (Alexandria),
La.
PRICE: $175,000
BUYER: Benjamin-Dane LLC (Ronald
Reeves, president); owns one other station, not in this market
SELLER: Peoples Broadcasting Network
LLC (Otto Miller, member)
FACILITIES: 1110 kHz, 2 kW
FORMAT: Ethnic/Gospel
BROKER: Holt Media Group
KCOM(AM) Comanche, Texas
PRICE: $164,000
BUYER: Cherry Creek Radio (Joseph D.
Schwartz, CEO/president); owns 36 other stations, including KYOX(FM)
Comanche
SELLER: Texas West Media Inc. (David
B. Bacon, president/director)
FACILITIES: 1550 kHz, 250 W day/54 W
night
FORMAT: Country
BROKER: Media Services Group
KUGT(AM) Jackson, Mo.
PRICE: $150,000
BUYER: Withers Broadcasting Co. (W.
Russell Withers Jr., president); owns 21 other stations, none in this
market
SELLER: Light & Power Co. Inc.
(Larry E. Dunger, president)
FACILITIES: 1170 kHz, 250 W
FORMAT: Christian
WRPN(AM) Ripon, Wis.
PRICE: $150,000
BUYER: Radio One Communications LLC
(Michael Enfelt, member); owns no other stations
SELLER: Radio Plus Inc. (Christopher
Bernier, president)
FACILITIES: 1600 kHz, 5 kW
FORMAT: News/Talk/Sports
WRSM(AM) Sumiton (Birmingham),
Ala.
PRICE: $106,501
BUYER: American Trust Corp. (Earl F.
Hilliard, president); owns no other stations
SELLER: Sumiton Broadcasting Inc.
(Herb Steadman, shareholder)
FACILITIES: 1540 kHz, 1 kW
FORMAT: Country
KSWB(AM) Seaside, Ore.
PRICE: $100,000
BUYER: Calcomm Stations Oregon LLC
(Cal Brady, managing member); owns one other station, not in this market
SELLER: Cannon Beach Radio LLC (A.
Michael Gould, member)
FACILITIES: 840 kHz, 1 kW day/500 W
night
FORMAT: Nostalgia
KPGM(AM) Pawhuska (Tulsa), Okla.
PRICE: $100,000
BUYER: Kevin and Dorea Potter (Kevin
Potter, owner); owns three other stations, none in this market
SELLER: Pearl Communications Group
(Danny L. Hester, president/director)
FACILITIES: 1500 kHz, 500 W
FORMAT: Gospel
WSVS(AM) Crewe, Va.
PRICE: $95,000
BUYER: Gee Communications Inc.
(David Gee, president/owner); owns one other station, not in this market
SELLER: Colonial Broadcasting Co.
(John Wilson, president)
FACILITIES: 800 kHz, 5 kW day/275 W
night
FORMAT: Country
WZZJ(AM) Pascagoula-Moss Point
(Biloxi-Gulfport-Pascagoula), Miss.
PRICE: $88,000
BUYER: Flagship Radio Group Inc.
(Timothy D. Lee, president); owns no other stations
SELLER: Judah Broadcasting Network
Inc. (Kevin Grady)
FACILITIES: 1580 kHz, 5 kW day/51 W
night
FORMAT: News/Talk
COMMENT: Price includes assumption
of $36,610 back rent owed by seller to Clear Channel Communications for tower
site and equipment building.
WBCE(AM) Wickliffe, Ky.
PRICE: $85,200
BUYER: David N. Courtney; owns no
other stations
SELLER: WBCE Inc. (Jim Baggett,
president)
FACILITIES: 1200 kHz, 1 kW
FORMAT: Gospel
COMMENT: Foreclosure/public
auction
INFORMATION PROVIDED BY: BIA Financial Networks' Media Access Pro. Chantilly, Va., www.bia.com
| Station Sales Scorecard | ||||
|---|---|---|---|---|
| 2005 (YTD)* | 2004 (YTD) | |||
| Number | Value (000) | Number | Value (000) | |
| Television | 9 | $143,550 | 66 | $896,723 |
| Radio | 238 | $556,755 | 846 | $1,838,643 |
No related content found.
-
No Top Articles
VIEW ALL GALLERIES
