Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 8/4/2002 8:00:00 PM
Information provided by BIA Financial Networks', Media Access Pro, Chantilly, Va. www.bia.com
TVs
KPXF-TV Porterville, Calif.
Price: $35 million
Buyer: Univision Communications Inc. (A. Jerrold Perenchio, chairman/CEO)
Seller: Paxson Communications Corp. (Jeff Sagansky, president/CEO)
Facilities: Ch.61, 2,510 kW, ant. 2,635 ft.
Affiliation: PAX
Combos
KTOC(AM) -FM Jonesboro, La.
Price: $200,000
Buyer: Family Worship Center Church Inc. (Jimmy Swaggart, member); owns 10 other stations, none in this market
Seller: Willis Broadcasting Corp. (Levi E. Willis, president)
Facilities: KTOC(AM): 920 kHz, 1 kW; KTOC-FM: 104.9 MHz, 8 kW, ant. 246 ft.
Format: KTOC(AM): Gospel; KTOC-FM: Gospel
FMs
NEW-FM(CP) Ashtabula, Ohio
Price: $525,000
Buyer: Clear Channel Communications (Mark Mays, CEO Radio); owns 1,213 other stations, including WFUN(AM) & WREO-FM Ashtabula
Seller: Ashtabula Broadcasting Corp. (David C. Rowley, president/treasurer)
Facilities: 98.3 MHz, 2 kW, ant. 387 ft.
Format: cp
NEW-FM(CP) Pangburn, Ark.
Price: $180,000
Buyer: Caldwell Broadcasting LLC, (Larry Crain, Sr., managing member); owns six other stations, none in this market
Seller: Capps Radio Co. (John Paul Capps, president)
Facilities: 99.1 MHz, 6 kW, ant. 328 ft.
Format: cp
WGAZ-FM Goodman, Wis.
Price: $20,000
Buyer: WRVM Inc. (Lyle Hill, president); owns one other station, not in this market
Seller: School District of Goodman-Armstrong High School (Carl Frydrych, president)
Facilities: 91.3 MHz, 420 W, ant. 118 ft.
Format: Variety
AMs
WEGO(AM) Concord (Charlotte-Gastonia-Rock Hill) and WSVM(AM) Valdese, N.C.
Price: $450,000
Buyer: GHB Broadcasting, (George H. Buck, Jr., president); owns 13 other stations, including WAVO(AM), WCGC(AM), WHVN(AM) & WNMX-FM Charlotte-Gastonia-Rock Hill.
Seller: Hilker Properties (Robert Hilker, president)
Facilities: WEGO(AM): 1410 kHz, 1 kW day, 182 W night; WSVM(AM): 1490 kHz, 1 kW day, 1 kW night
Format: WEGO(AM): Classic Rock; WSVM(AM): Oldies
KOKC(AM) Guthrie (Oklahoma City)
Price: $150,000
Buyer: Family Worship Center Church Inc. (Jimmy Swaggart, member); owns 11 other stations, none in this market
Seller: Fox Family (Mike Holt, CEO)
Facilities: 1490 kHz, 1 kW day, 1 kW night
Format: DARK
WGZS(AM) Dothan, Ala.
Price: $140,000
Buyer: James Lee; owns one other station, not in this market
Seller: Satellite Radio Network (Michael Glinter, president)
Facilities: 700 kHz, 2 kW
Format: Christian Contemporary
WSBI(AM) Static, Tenn.
Price: $125,000
Buyer: Small Town Radio Inc. (Don Boyd, president); owns three other stations, none in this market
Seller: Donnie Cox
Facilities: 1210 kHz, 250 W
Format: Country
WMOV(AM) Ravenswood, W. Va.
Price: $60,000
Buyer: Harold F. Parshall; no other broadcast interests
Seller: Legend Communications LLC (W. Lawrence Patrick, president)
Facilities: 1360 kHz, 1 kW
Format: Oldies
KVDW(AM) England (Little Rock), Ark.
Price: $35,000
Buyer: Wells Broadcasting Inc. (Vernon Wells, officer); no other broadcast interests
Seller: Equity Broadcasting Corp. (Gordon W. Heiges, vice president)
Facilities: 1530 kHz, 250 W
Format: CHR/Rhythmic
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