AMS
By BroadCasting & Cable Staff -- Broadcasting & Cable, 4/30/2000 8:00:00 PM
KGXL(AM) Costa Mesa/Los Angeles, Calif.
Price: $30 million
Buyer: Chagal Communications Inc., Santa Monica, Calif. (Jack Siegal, president); no other broadcast interests
Seller: Mount Wilson FM Broadcasters Inc., Los Angeles (Saul Levine, president); owns KKGO-FM Los Angeles, KJAZ(AM) Beverly Hills/Los Angeles, KNOB(AM) Costa Mesa/Los Angeles and KJQI(AM) San Rafael, Calif.
Facilities: 1650 kHz, 10 kW day, 930 W night
Format: Jazz (simulcasts kjaz)
WDNC(AM) Durham/Raleigh/Chapel Hill, N.C.
Price: $1.2 million
Buyer: WCHL-WDNC Inc., Raleigh (Donald W. Curtis, president); owns WCHL(AM) Chapel Hill/Raleigh/Durham, N.C. Curtis owns/has interest in eight other AMs and seven FMs, including WBBB(FM), wcly(am), wdtf(am), wptf(am)-wqdr(fm) and WWND(FM) Raleigh/Durham/Chapel Hill
Seller: Durham Herald Co. Inc., Durham (David Hughey, president); no other broadcast interests
Facilities: 620 kHz, 5 kW day, 1 kW night
Format: News/talk
KAFY(AM) and construction permit for KZPM(AM) Bakersfield, Calif.
Price: $825,000
Buyer: Golden Pegasus Financial Services Inc., Hughson, Calif. (Nelson Gomez, president); no other broadcast interests
Seller: Amancio V. Suarez Sr., Miami; no other broadcast interests
Facilities: kafy: 970 kHz, 1 kW day, 5 kW night; kzpm: 1100 kHz, 5 kW day, 1 kW night
Format: kafy: Spanish
WMBA(AM) Ambridge, Pa.
Price: $325,000
Buyer: Iorio Broadcasting Inc., Beaver Falls, Pa. (Frank Iorio Jr., president); owns WBVP(AM) Beaver Falls
Seller: Donn Communications Inc., Ambridge (Donn R. Wuycik, president); no other broadcast interests
Facilities: 1460 kHz, 500 W
Format: Talk
WJBY(AM) Gadsden, Ala.
Price: $250,000 (for stock)
Buyer: Donnie H. Thomas, Oneonta, Ala.; no other broadcast interests
Seller: Hinton Mitchem, Gadsden; no other broadcast interests
Facilities: 930 kHz, 5 kW day, 500 W night
Format: Religion
KHOL(AM) Beulah, N.D.
Price: $110,000
Buyer: Two Guys Broadcasting Inc., Bismarck, N.D. (Richard Knaup, president); owns KHND(AM) Harvey, N.D.
Seller: Mercer Broadcasting Inc., Beulah (Alice Bolinske, president); no other broadcast interests
Facilities: 1410 kHz, 1 kW day, 180 W night
Format: C & W
AMplification
Snowden Associates brokered the $1.2 million sale of WMIW-FM North Myrtle Beach, S.C., by Covenant Educational Fellowship Inc. to Educational Media Foundation (B & C, April 17).
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