Deals
By BIA Financial Networks -- Broadcasting & Cable, 5/7/2006 8:00:00 PM
TVs
K35DI College Station, Texas
PRICE: $370,000
BUYER: Equity Broadcasting Corp. (Greg Fess, senior VP/COO)
SELLER: Gerald G. Benavides
FACILITIES: Ch. 34, 150 kW
AFFILIATION: Ind.
BROKER: Holt Media Group
K44HI Ukiah, Calif.
PRICE: Undisclosed
BUYER: Brady Broadcasting (William Brady, owner)
SELLER: Hull, William (William Hull, owner)
FACILITIES: Ch. 44, 1.19 kW
K11IY and K13JD Battle Mountain, K06FQ Cooper, Nev.
PRICE: No cash consideration
BUYER: Lander County General Improvement Dist. 1 (Alan Greager, contact rep)
SELLER: Argenta TV Maintenance District (Alan Greager, contact rep)
FACILITIES: K11IY: Ch. 11, 0.472 kW; K13JD: Ch. 13, 0.057 kW; K06FQ: Ch. 6, 0.188 kW
AFFILIATION: K11IY: CBS; K13JD: ABC; K06FQ: CBS
COMMENT: Voluntary assignment; Argenta TV can’t continue operation of the translators.
Combos
WTSA(AM) and WTSA(FM) Brattleboro, Vt.
PRICE: Undisclosed
BUYER: Corbeil, William and Kelli (William Corbeil, owner); owns no other stations
SELLER: Tri-State Broadcasters Inc. (John Kilduff, general manager)
FACILITIES: WTSA(AM): 1450 kHz, 1 kW; WTSA(FM): 96.7 MHz, 5 kW, ant. 135 ft.
FORMAT: WTSA(AM): Sports/Talk; WTSA(FM): Hot AC
FMs
WYND(FM) Hatteras, WFMZ(FM) Hertford, WVOD(FM) Manteo, WZPR(FM) Nags Head (Elizabeth City-Nags Head), N.C.
PRICE: $3.5 million
BUYER: CapSan Media LLC (Bill Whitlow, CEO); owns no other stations
SELLER: Convergent Broadcasting LLC (Bruce Biette, president/CEO)
FACILITIES: WYND(FM): 97.1 MHz, 59 kW, ant. 558 ft.; WFMZ(FM): 104.9 MHz, 50 kW, ant. 492 ft.; WVOD(FM): 99.1 MHz, 50 kW, ant. 492 ft.; WZPR(FM): 92.3 MHz, 18 kW, ant. 384 ft.
FORMAT: WYND(FM): Easy; WFMZ(FM): Classic Hits; WVOD(FM): AAA; WZPR(FM): CHR
BROKER: Kalil and Co. Inc.
WFFL(FM)(CP) Panama City, Fla.; KNBE(FM) Beatrice, KNFA(FM) Grand Island, KNHA(FM) Hastings, Neb.
PRICE: $1 million
BUYER: Family Worship Center Church Inc. (Jimmy Swaggart, president/director); owns 17 other stations, none in this market
SELLER: American Family Association Inc. (Donald E. Wildmon, chairman)
FACILITIES: WFFL(FM): 91.7 MHz, 310 W, ant. 207 ft.; KNBE(FM): 88.9 MHz, 25 kW, ant. 87 ft.; KNFA(FM): 90.7 MHz, 250 W, ant. 161 ft.; KNHA(FM): 90.9 MHz, 500 W, ant. 45 ft.
FORMAT: All: CP–NOA
KFFW(FM) Cabool, Mo.
PRICE: $296,420
BUYER: Lake Area Educational Broadcasting Foundation (James McDermott, president); owns six other stations, none in this market
SELLER: First Free Will Baptist (Rick Jesse, director of engineering)
FACILITIES: 89.9 MHz, 11 kW, ant. 495 ft.
FORMAT: Christian Contemporary
COMMENT: In addition to purchase price, buyer will provide airtime to seller valued at $51,400 as consideration for fixtures, building and equipment.
KSRT(FM) Cloverdale, KMHX(FM) Windsor (Santa Rosa), Calif.
PRICE: Undisclosed
BUYER: Lazer Broadcasting Corp. (Alfredo Plascencia, president); owns 19 other stations, none in this market
SELLER: Results Radio LLC (Jack W. Fritz II, president/CEO)
FACILITIES: KSRT(FM): 107.1 MHz, 4 kW, ant. 430 ft.; KMHX(FM): 104.1 MHz, 250 W, ant. 1,106 ft.
FORMAT: KSRT(FM): R&B/Hip-Hop; KMHX(FM): Hot AC
BROKER: Media Venture Partners
KRPQ(FM) Rohnert Park (Santa Rosa), Calif.
PRICE: Undisclosed
BUYER: Maverick Media LLC (Gary Rozynek, president/COO); owns 19 other stations, including KSRO(AM), KFGY(FM), KVRV(FM) and KXFX(FM) Santa Rosa
SELLER: Results Radio LLC (Jack W. Fritz II, president/CEO)
FACILITIES: 104.9 MHz, 7 kW, ant. 548 ft.
FORMAT: Country
BROKER: Media Venture Partners
KYLA(FM) Homer (Shreveport), La.
PRICE: Undisclosed
BUYER: Educational Media Foundation (Richard Jenkins, president); owns 170 other stations, none in this market
SELLER: NWLA Broadcasting LLC (Alfred Moore, Jr., member)
FACILITIES: 106.7 MHz, 50 kW, ant. 459 ft.
FORMAT: Country
BROKER: John Pierce of John Pierce & Co. LLC
WGKC(FM) Mahomet, WEVX(FM) and WQQB(FM) Rantoul, WEBX(FM) Tuscola (Champaign), Ill.
PRICE: Undisclosed
BUYER: RadioStar Inc. (Jim Glassman, president); owns no other stations
SELLER: AAA Entertainment (John Maguire, president/CEO)
FACILITIES: WGKC(FM): 105.9 MHz, 3 kW, ant. 512 ft.; WEVX(FM): 95.3 MHz, 2 kW, ant. 413 ft.; WQQB(FM): 96.1 MHz, 4 kW, ant. 404 ft.; WEBX(FM): 93.5 MHz, 6 kW, ant. 308 ft.
FORMAT: WGKC(FM): Classic Rock; WEVX(FM): Rock; WQQB(FM): Top 40; WEBX(FM): AOR
KMXN(FM) Osage City (Topeka), Kan.
PRICE: Undisclosed
BUYER: Jayhawk Broadcasting Inc. (Jerome Zimmer, president); owns two other stations, including KLZR(FM) Topeka
SELLER: Viking Enterprises LLC (Jerome R. Zimmer, sole member)
FACILITIES: 92.9 MHz, 36 kW, ant. 564 ft.
FORMAT: Hip-Hop
COMMENT: Reorganization of businesses and properties owned by the Zimmer family
AMs
WGNC(AM) Gastonia (Charlotte-Gastonia-Rock Hill), WOHS(AM) Shelby, N.C.
PRICE: $1.5 million
BUYER: HRN Broadcasting Inc. (D. Mark Boyd III, president/director); owns four other stations, including WCSL(AM) and WLON(AM) Charlotte-Gastonia-Rock Hill
SELLER: KTC Broadcasting Inc. (Calvin Hastings, president)
FACILITIES: WGNC(AM): 1450 kHz, 1 kW; WOHS(AM): 730 kHz, 1 kW day/168 W night
FORMAT: WGNC(AM): Oldies; WOHS(AM): Oldies
KDUN(AM) Reedsport, Ore.
PRICE: $220,000
BUYER: Bill Schweitzer, dba WKS Broadcasting Inc. (Bill Schweitzer, owner); owns no other stations
SELLER: Pamplin Communications Corp. (Robert Boisseau Pamplin Jr., chairman/CEO)
FACILITIES: 1030 kHz, 50 kW day/630 W night
FORMAT: Country
BROKER: Tom McKinley of Media Services Group
WDRF(AM) Woodruff (Greenville-Spartanburg), S.C.
PRICE: $210,000
BUYER: BJL Broadcasting (Betty Joyce Lewis, president); owns no other stations
SELLER: B&B Media Inc. (Wayne Brown, president)
FACILITIES: 1510 kHz, 1 kW
FORMAT: Southern Gospel
WCKS(AM) Jacksonville, Fla.
PRICE: $207,940
BUYER: Leslie E. Gradick; owns no other stations
SELLER: Steven L. Gradick
FACILITIES: 810 kHz, 50 kW day/500 W night
FORMAT: Country
COMMENT: Leslie E. Gradick is acquiring his son Steven L. Gradick’s 50% membership in Alabama 810 LLC, licensee of WCKS(AM).
WHAP(AM) Hopewell (Richmond), Va.
PRICE: $200,000
BUYER: Benjamin-Dane LLC (Ronald Reeves, president); owns two other stations, neither in this market
SELLER: MainQuad Communications Inc. (Daniel Berman, owner/president)
FACILITIES: 1340 kHz, 1 kW
FORMAT: Dark
WRAG(AM) Carrollton, Ala.; WSDT(AM) Soddy-Daisy (Chattanooga), Tenn.
PRICE: $200,000
BUYER: Kingdom Radio of Chattanooga LLC (Harold Vogt, manager/member); owns no other stations
SELLER: Willis Broadcasting Corp. (Levi Willis, president)
FACILITIES: WRAG(AM): 590 kHz, 1 kW day/185 W night; WSDT(AM): 1240 kHz, 1 kW
FORMAT: WRAG(AM): Gospel; WSDT(AM): Dark
KNAK(AM) Delta, Utah
PRICE: $185,000
BUYER: Accent Radio Inc. (Jedidiah Harrison, president); owns no other stations
SELLER: Sam Bushman
FACILITIES: 540 kHz, 1 kW day/13 W night
FORMAT: News/Talk/Sports
KHOL(AM) Beulah, N.D.
PRICE: $150,000
BUYER: Digital Syndicate Network LLC (Guy W. Giuliano, member/manager); owns no other stations
SELLER: Two Guys Broadcasting Inc. (Dick Knaup, president)
FACILITIES: 1410 kHz, 1 kW day/189 W night
FORMAT: AC
NEW(AM) (CP) Charlottesville, Va.
PRICE: $150,000
BUYER: Saga Communications Inc. (Edward K. Christian, president/CEO); owns 86 other stations, including WINA(AM), WQMZ(FM) and WWWV(FM) Charlottesville
SELLER: Charles Anderson
FACILITIES: 1450 kHz, 1 kW
FORMAT: CP–NOA
KWDF(AM) Ball (Alexandria), La.
PRICE: $150,000
BUYER: Opus Media Partners LLC (Richard Linhart, chairman); owns 11 other stations, including KBKK(FM), KEZP(FM) and KLAA(FM) Alexandria
SELLER: Educational Media Foundation (Richard Jenkins, president)
FACILITIES: 840 kHz, 8 kW
FORMAT: Gospel
BROKER: John Pierce of John Pierce and Co.
KHOL(AM) Beulah, N.D.
PRICE: $150,000
BUYER: Digital Syndicate Network LLC (Guy W. Giuliano, member/manager); owns no other stations
SELLER: Two Guys Broadcasting Inc. (Dick Knaup, president)
FACILITIES: 1410 kHz, 1 kW day/189 W night
FORMAT: AC
KELY(AM) Ely, Nev.
PRICE: $140,000
BUYER: Ely Radio LLC (Fred Weinberg, manager/member); owns no other stations
SELLER: Ruby Radio Corp. (Ken Sutherland, president)
FACILITIES: 1230 kHz, 250 W
FORMAT: Oldies
BROKER: The Exline Co.
Information provided by: BIA Financial Networks' Media Access Pro., Chantilly, Va., www.bia.com, 718-818-2425
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