Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 1/27/2002 7:00:00 PM
Information provided by BIA Financial Networks' Media Access Pro, Chantilly, Va. www.bia.com
TVs
WTRF-TV Wheeling, W.Va.
Price: $18.5 million
Buyer: Cary Communications (Albert B. Cary Jr, CEO); also owns WBOY-TV Clarksburg-Weston, W.Va.
Seller: Benedek Broadcasting Corp. (A. Richard Benedek, chairman)
Facilities: Ch.7; 316 kW, ant. 961 ft.
Affiliation: CBS
Combos
KNRB-FM, KALT(AM) and KPYN(AM) all Atlanta, Texas, and KNHD(AM) Camden, Ark.
Price: $2.05 million
Buyer: Family Worship Center Church Inc (Jimmy Swaggart, member); owns two other stations, including WJFM(FM) Baton Rouge, La., but none in this market
Seller: Dominion Media (John Swain, chairman)
Facilities: KALT(AM):1610 kHz, 10 kW day, 1 kW night; KPYN(AM): 900 kHz, 1 kW day, 330 W night; KNRB-FM: 100.1 MHz, 50 kW, ant. 492 ft.; KNHD(AM): 1450 kHz, 1 kW day, 1 kW night
Format: KALT(AM):talk; KPYN(AM): gospel; KNRB-FM: AC; KNHD(AM): gospel
Broker: MGMT Services Inc.
KLCK(AM)-KYYT-FM Goldendale, Wash.
Price: $400,000
Buyer: Danny V. Manciu, who owns no other stations
Seller: Cole Malcolm
Facilities: KLCK(AM): 1400 kHz, 1 kW; KYYT-FM: 102.3 MHz, 2 kW, ant. 1,873 ft.
Format: KLCK(AM): oldies; KYYT-FM: country
FMs
WQSS-FM Camden, Maine
Price: $1.72 million
Buyer: Clear Channel Communications, the top-ranked radio group owner (Randy Michaels, chairman, Radio Group);owns 1,213 other stations; this represents its entry into this market
Seller: Gopher Hill Communications Inc. (Charles Hutchins, president)
Facilities: 102.5 MHz, 8 kW, ant. 1,201 ft.
Format: Classic hits
Broker: George Silverman & Associates
WEGZ-FM Washburn, Wis.
Price: $465,000
Buyer: VCY America Inc. (Victor Eliason, VP); owns nine other stations including WCVM(FM) Iron Mountain, Mich., but none in this market
Seller: DDS Communications (Howard Moe, president)
Facilities: 105.9 MHz, 98 kW, ant. 742 ft.
Format: Country
WGBV-FM Glasgow (Bowling Green), Ky.
Price: $416,412
Buyer: Forever Broadcasting Inc. (Carol Logan, president); owns 40 other stations, including WBGN(AM), WBVR-FM and WUHU-FM Bowling Green
Seller: Royse Radio Inc. (Henry Royse II, owner)
Facilities: 94.1 MHz, 5 kW, ant. 299 ft.
Format: Country
AMs
KIFO(AM) Pearl City (Honolulu), Hawaii
Price: $500,000
Buyer: Diamond Broadcasting Corp. (Jeffrey B. Bate, president); owns no other stations
Seller: Hawaii Public Radio (Michael Titterton, president)
Facilities: 1380 kHz, 6 kW day, 6 kW night
Format: News/talk
WFVR(AM) Valdosta, Ga.
Price: $255,000
Buyer: Rama Communications Inc. (Sabeta Persaud, president); owns four other stations, including WOKB(AM) Orlando, but none in this market
Seller: AC Broadcasting (Ron Cameron, president)
Facilities: 910 kHz, 5 kW day, 5 kW night
Format: News/talk
Broker: Wally Tucker, MGMT Services Inc.
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