Changing Hands
By BIA Financial Networks Media Access Pro -- Broadcasting & Cable, 12/9/2001 7:00:00 PM
TVs
WVBT-TV Virginia Beach (Norfolk), Va.
Price: $4.25 million
Buyer: LIN Television Corp. (Gary R. Chapman, president/CEO);owns 24 TV stations including WAVY(TV) Norfolk, which has operated WVBT-TV under a local marketing agreement
Seller: Entravision Holdings (Walter Ulloa, chairman/CEO)
Facilities: Ch.43, 5,000 kW, ant. 856 ft.
Affiliation: Fox
Combos
WPET-AM-WKSI(FM) Greensboro, N.C.
Price: $20.5 million
Buyer: Entercom (David J. Field, president/COO); owns 96 other stations, including WEAL-AM, WJMH-FM, WMQX-FM and WQMG-FM Greensboro-Winston Salem-High Point, N.C.
Seller: Bahakel Communications (Cy N. Bahakel, president)
Facilities: WPET-AM:950 kHz, 500 W day; WKSI-FM: 98.7 MHz, 100 kW, ant. 1,037 ft.
Format: WPET-AM:gospel; WKSI-FM: modern AC
Broker: Media Venture Partners
WJHR-AM Flemington, N.J., WVPO(AM)-WSBG(FM) Stroudsburg, Pa.
Price: $10.5million, including exchange of WHWH(AM)-WTTM(FM) Princeton, N.J.
Buyer: Nassau Broadcasting Partners (Louis Mercatanti Jr., president);owns six other stations, including WILT(AM) Wilkes Barre-Scranton, Pa.
Seller: Multicultural Radio Broadcasting (Arthur Liu, president)
Facilities: WJHR-AM: 1040 kHz, 5 kW day, 1 kW night; WVPO-AM:840 kHz, 250 W; WSBG-FM: 93.5 MHz, 550 W, ant. 764 ft.
Format: WJHR-AM:business news; WVPO-AM:adult standard; WSBG-FM: modern rock
Brokers: Serafin Brothers and Schutz & Co.
WJLS-AM-FM Beckley, W.Va.
Price: $3.6 million
Buyer: First Media (Alex Kolobielski, president); owns eight other stations, including WZWW-FM Easton, Pa.
Seller: Personality Stations (William O'Brien, vice president)
Facilities: WJLS-AM: 560 kHz, 5 kW day, 470 W night; WJLS-FM:99.5 MHz, 34 kW, ant. 1,050 ft.
Format: WJLS-AM: gospel; WJLS-FM: country
WSGC-AM-WEHR(FM) Elberton and WNEG(AM) Toccoa, both Ga.
Price: $1.39 million
Buyer: Sutton Radiocasting Corp. (Douglas Sutton Jr., chairman); owns 11 other stations, including WWRK-FM Elberton.
Seller: Sorenson Southeast Radio (Dean Sorenson, president)
Facilities: WSGC-AM:1400 kHz, 1 kW day, 1 kW night; WEHR-FM: 105.1 MHz, 6 kW, ant. 328 ft.; WNEG-AM: 630 kHz, 500 W day, 44 W night
Format: WSGC-AM:adult standard; WEHR-FM: AC; WNEG-AM: adult standard
WLSP(AM)-WRXF(FM) Lapeer (Flint), Mich.
Price: $1.3 million
Buyer: Regent Communications (Terry Jacobs, chairman/CEO); owns 60 other stations, including WFNT-AM, WCRZ-FM and WWBN-FM Flint
Seller: Covenant Communications Corp. (Jay Alexander, operations manager)
Facilities: WLSP-AM: 1530 kHz, 5 kW day; WRXF-FM: 103.1 MHz, 3 kW, ant. 299 ft.
Format: WLSP-AM:sports; WRXF-FM: rock
Broker: Media Services Group
FMs
WSKX-FM Hinesville (Savannah), Ga.
Price: $1.88 million
Buyer: Communications Capital Managers (Michael Oesterle, manager); owns seven other stations, including WHFB-AM-FM Benton Harbor, Mich.
Seller: TCB Broadcasting (Raymond Bilbrey, president)
Facilities: 92.3 MHz, 50 kW, ant. 495 ft.
Format: Hot AC
Construction permit for new FM Franklin, Idaho
Price: $1.5 million
Buyer: 3 Point Media Utah (Bruce Buzil, manager);Buzilalso hasaninterest in KXPC Lebanon, Ore.
Seller: DBM Entertainment Enterprises Inc.
Facilities: 97.5 MHz, 100 kW, ant. 26 ft.
Format: Not available
WCCA-FM and WLTT-FM Shallotte (Wilmington), N.C.
Price: $1.2 million
Buyer: Burns Media Strategies (Gary Burns, owner)
Seller: Rodwell Family Associates(Clay McCauley, general manager)
Facilities: WCCA-FM:106.3 MHz, 6 kW, ant. 305 ft.; WLTT-FM: 103.7 MHz, 25 kW, ant. 328 ft.
Format: WCCA-FM:talk; WLTT-FM: talk
Information provided by BIA Financial Networks'Media Access Pro, Chantilly, Va. www.bia.com
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