FMS
By BroadCasting & Cable Staff -- Broadcasting & Cable, 7/23/2000 8:00:00 PM
WLKE Bar Harbor, WBFB Belfast/Brewer, WKSQ Ellsworth/Brewer, WVOM Howland, WGUY Dexter/Newport and WBYA Searsport, all Bangor, Maine area
Price: $20 million
Buyer: Clear Channel Communications Inc., San Antonio (L. Lowry Mays, chairman); owns/is buying 19 TVs and 873 other radio stations
Seller: Communications Capital Managers LLC, East Lansing, Mich. (Michael H. Osterle, managing member). Osterle and other members of CCM own/are buying four AMs. Oesterle also is a manager of Southern Broadcast Group LLC, which is buying four AMs and five FMs. Note: CCM has acquired the FMs it is selling for $13.7 million since February (Changing Hands, Feb. 28, March 27, April 10)
Facilities: wlke: 99.1 MHz, 45 kW, ant. 400 ft.; wbfb: 104.7 MHz, 10 kW, ant. 1,099 ft.; wksq: 94.5 MHz, 11.5 kW, ant. 1,027 ft.; wvom: 103.9 MHz, 54 kW, ant. 1,509 ft.; wguy: 102.1 MHz, 26.5 kW, ant. 672 ft.; wbya: 101.7 MHz, 6 kW, ant. 236 ft.
Formats: wlke, wbfb: country; wksq: AC; wvom: news/talk; wguy: hits of the'50s,'60s and early '70s; wbya: classical
Broker: Communications Equity Association (seller)
KCDA(FM) Spokane, Wash.
Price: $4.7 million
Buyer: AGM Nevada LLC, Riderwood, Md. (Charles H. Salisbury, member/50% owner; brothers Anthony S. and L. Rogers Brandon, each member/25% owner); owns/is buying four AMs and nine other FMs. Salisbury owns six FMs; Brandon brothers have interest in five other AMs and 15 other FMs
Seller: AMFM Inc., Dallas (Thomas O. Hicks, chairman); owns/is buying 124 AMs and 318 FMs, including kaqq(am)-kisc(fm) and kudy(am)-kkzx(fm) Spokane and KNFR(FM) Opportunity/ Spokane, Wash. (see first TV item)
Facilities: 103.1 MHz, 2.35 MHz, ant. 4,400 ft.
Format: Country
No related content found.
-
No Top Articles
Featured Company
-
Parks Associates
Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups throug..more
VIEW ALL GALLERIES
