By BroadCasting & Cable Staff -- Broadcasting & Cable, 11/19/2000 7:00:00 PM
Three-way swap involving WHK-FM Canton, WHK(AM) Cleveland, WCLV(FM) Cleveland and WAKS(FM) (formerly WZLE) Lorain/Cleveland, Ohio
Value: Reported $35 million (includes $18.5 million from Salem Communications to Radio Seaway; $8 million from Clear Channel to Salem) Swapper, WHK-am-fm/ acquirer, WCLV : Salem Communications Corp., Camarillo, Calif. (Edward G. Atsinger III, president/43.4% owner); owns/is buying 74 other radio stations, including WHK(AM), WKNR(AM) and WRMR(AM ) Cleveland, WCCD(AM) Parma/Cleveland, Ohio, and WXRT(AM) Chicago (see first AM item, below) Swapper, wclv /acquirer, WHK(am), WAKS : Radio Seaway Inc., Cleveland (Robert D. Conrad, president/80% owner). Radio Seaway is part of foundation that owns WVIZ-TV and WCPN(FM) Cleveland Acquirer, whk-fm/ swapper,WAKS: Clear Channel Communications Inc., San Antonio, Texas (L. Lowry Mays, chairman; Randy Michaels, chairman, Clear Channel Radio); owns/is buying 19 TVs and at least 1,111 other radio stations, including WGAR-FM , WMJI(FM), WMMS(FM) and WTAM(AM)-WMVX(FM) Cleveland, WFUN(AM)-WREO-FM Ashtabula/parts of Cleveland and WZOO-FM Edgewood/parts of Cleveland; is selling WJMO(AM ), WQAL(FM ) and WZAK(FM) Cleveland and WZJM(FM) Cleveland Heights/ Cleveland, Ohio. Also see first FM item.
Facilities: WHK-FM : 98.1 MHz, 36 kW, ant. 570 ft.; WHK(AM) : 1420 kHz, 5 kW; WCLV : 95.5 MHz, 31 kW, ant. 620 ft.; WAKS : 104.9 MHz, 3 kW (to be 6 kW), 1.3 kW, ant. 499 ft.
Formats: WHK-FM : religion, Christian talk; WHK(AM) : rebroadcasts WHK-FM (to be classical); WCLV : classical (likely to be Christian); WAKS : CHR (to simulcast WHK-FM )
Brokers: Gary Stevens (Salem); Media Services Group Inc. (Radio Seaway)
KINN(AM)-KZZX-FM Alamogordo, N.M.
Price: $800,000 cash
Buyer: Burt Broadcasting Inc., Alamogordo (William F. Burt, president/50% owner; Donnie L. Burt, vice president/50% owner); owns KYEE(FM) Alamagordo
Seller: KINN Inc., Alamogordo (David Nicholson, president); no other broadcast interests
Facilities : AM: 1270 kHz, 1 kW day, 500 W night; FM: 105.3 MHz, 6 kW, ant. 157 ft.
Formats: AM: talk; FM: country
Broker: Media Services Group Inc. (seller)
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