By BIA Financial Networks -- Broadcasting & Cable, 1/18/2004 7:00:00 PM
KDLH-TV Duluth, K33ET Aitkin, K57BH Grand Portage, K59BQ Deer River and K63BI Grand Marais, Minn.
PRICE: $7.5 million
BUYER: New Vision Group Inc. (Jason Elkin, chairman/CEO)
SELLER: Chelsey Broadcasting LLC (Paul Goodman, CEO)
FACILITIES: KDLH: Ch. 3, 100 kW, ant. 991 ft.; K33ET: Ch. 33, 0.587 kW; K57BH: Ch. 57, 0.818 kW; K59BQ: Ch. 59, 11.3 kW; K63BI: Ch. 63, 0.499 kW
AFFILIATION: KDLH: CBS
Broker: Michael McHugh representing the buyer
WUTR(TV) Utica, N.Y.
PRICE: $3.725 million
BUYER: Mission Broadcasting Inc. (David Smith, president/ treasurer)
SELLER: Clear Channel TV Inc. (William Moll, president)
FACILITIES: Ch. 20, 912 kW, ant. 801 ft.
WRGO-FM Cedar Key (Gainesville-Ocala), WYNY(AM) and WKZY-FM Cross City, WLUS(AM) and WTMN(AM) Gainesville, WRZN(AM) Hernando, WHHZ-FM Newberry, WDJY-FM Trenton, and WTMG-FM Williston (Gainesville-Ocala), Fla.
PRICE: $8 million
BUYER: Jablamo LLC (Amber L. Morrell, member); owns no other stations
SELLER: Pamal Broadcasting Ltd. (James Morrell, chairman/CEO)
FACILITIES: WRGO-FM: 102.7 MHz, 13 kW, ant. 459 ft.; WYNY(AM): 1240 kHz, 1 kW; WKZY-FM: 106.9 MHz, 100 kW, ant. 469 ft.; WLUS(AM): 980 kHz, 5 kW day/166 W night; WTMN(AM): 1430 kHz, 10 kW; WRZN(AM): 720 kHz, 10 kW day/250 W night; WHHZ-FM: 100.5 MHz, 11 kW, ant. 492 ft.; WDJY-FM: 101.7 MHz, 4 kW, ant. 390 ft.; WTMG-FM: 101.3 MHz, 4 kW, ant. 433 ft.
FORMAT: WRGO-FM: Oldies; WYNY(AM): Country; WKZY-FM: '80s Hits; WLUS(AM): Nostalgia; WTMN(AM): Sports; WRZN(AM): Adult Standard; WHHZ-FM: Alternative/Rock; WDJY-FM: Country; WTMG-FM: Urban AC
KBMR(AM), KQDY-FM and KSSS-FM Bismarck, N.D.
PRICE: $8 million
BUYER: Clear Channel Communications (John Hogan, CEO, radio); owns 1,212 other stations, including KFYR(AM), KXMR(AM) and KYYY-FM Bismarck
SELLER: James Ingstad
FACILITIES: KBMR(AM): 1130 kHz, 10 kW; KQDY-FM: 94.5 MHz, 100 kW, ant. 1,119 ft.; KSSS-FM: 101.5 MHz, 100 kW, ant. 988 ft.
FORMAT: KBMR(AM): Country; KQDY-FM: Country; KSSS-FM: Classic Rock
WBBK(AM) and WBBK-FM Blakely, WSEM(AM) and WGMK-FM Donalsonville, Ga.
PRICE: $2 million
BUYER: Styles Media Group LLC (Thomas A. DiBacco, managing member); owns nine other stations, none in this market
SELLER: Convergent Broadcasting LLC (Bruce Biette, president/COO)
FACILITIES: WBBK(AM): 1260 kHz, 1 kW; WBBK-FM: 93.1 MHz, 45 kW, ant. 328 ft.; WSEM(AM): 1500 kHz, 1 kW; WGMK-FM: 106.3 MHz, 6 kW, ant. 331 ft.
FORMAT: WBBK(AM): Country/ Talk; WBBK-FM: Country; WSEM(AM): Country/Talk; WGMK-FM: Hot AC
BROKER: George Reed of Media Services Group
COMMENT: Convergent Broadcasting is assigning its rights to WBBK(AM) and -FM, WSEM(AM) and WGMK-FM to Styles Media Group for $350,000. Styles Media Group is assuming the obligations set out in the Merchant Broadcasting to Convergent Broadcasting agreement.
WEEL-FM Shadyside (Wheeling, W.Va.), Ohio
BUYER: Clear Channel Communications (John Hogan, CEO, radio); owns 1,214 other stations, including WBBD(AM), WWVA(AM), WEGW-FM, WKWK-FM and WOVK-FM Wheeling
SELLER: Ohio Valley Communications Inc. (Gene McCoy, president)
FACILITIES: 95.7 MHz, 2 kW, ant. 627 ft.
WPVQ-FM Greenfield and WRSI-FM Turners Falls (Springfield), Mass.; WRSY-FM Marlboro, Vt.
PRICE: $7 million
BUYER: Saga Communications Inc. (Edward K. Christian, president/CEO); owns 74 other stations, including WHMP(AM), WHNP(AM), WAQY-FM and WLZX-FM Springfield
SELLER: Vox Media Corp. (Jeff Shapiro, COO)
FACILITIES: WPVQ-FM: 95.3 MHz, 570 W, ant. 761 ft.; WRSI-FM: 93.9 MHz, 4 kW, ant. 390 ft.; WRSY-FM: 101.5 MHz, 120 W, ant. 745 ft.
FORMAT: WPVQ-FM: Country; WRSI-FM: AAA; WRSY-FM: Soft AC
BROKER: Richard A. Foreman of Richard A. Foreman Associates Inc.
KWOM(AM) Watertown (Minneapolis-St. Paul), Minn.
BUYER: WM Broadcasting (Pedro Zamora, president/ director); owns no other stations
SELLER: Linder Broadcasting Group (John Linder, president)
FACILITIES: 1600 kHz, 5 kW
KNSG-FM Springfield (Mankato-New Ulm-St Peter), Minn.
BUYER: Linder Broadcasting Group (John Linder, president); owns nine other stations, including KTOE(AM), KDOG-FM and KXAC-FM Mankato-New Ulm-St Peter
SELLER: James Ingstad
FACILITIES: 94.7 MHz, 50 kW, ant. 472 ft.
KBVL-FM Pawhuska (Tulsa), Okla.
BUYER: CBI Holdings Inc. (William H. Kurtis, president); owns two other stations, neither in this market
SELLER: Borgen Broadcasting Co. (Jack Borgen, president)
FACILITIES: 103.9 MHz, 6 kW, ant. 328 ft.
FORMAT: Top 40
KTNR-FM Kenedy, Texas
BUYER: Blue Texas Broadcasting (Todd P. Robinson, member); owns no other stations
SELLER: La Nueva Cadena Radio Luz Inc. (Israel Tellez, president)
FACILITIES: 92.1 MHz, 3 kW, ant. 220 ft.
KOOU-FM Hardy, Ark.
BUYER: Bragg Broadcasting Inc. (James Bragg, president/owner); owns two other stations, neither in this market
SELLER: Ramblin Enterprises (Robert Ernest, president)
FACILITIES: 104.7 MHz, 6 kW, ant. 302 ft.
KZPN-FM Bayside, Calif.
BUYER: JPR Foundation Inc. (Ronald Kramer, executive director); owns four other stations, none in this market
SELLER: Community of Humboldt Educational Enhancement Radio
FACILITIES: 91.5 MHz, 550 W, ant. 509 ft.
KAFN-FM Gould, Ark.
BUYER: Arkansas County Broadcasters Inc. (Bobby Caldwell, president); owns three other stations, none in this market
SELLER: Citadel Broadcasting Corp. (Farid Suleman, chairman/CEO)
FACILITIES: 102.5 MHz, 6 kW, ant. 328 ft.
WAUR(AM) Sandwich, Ill.
PRICE: $3.5 million
BUYER: Starboard Media Foundation Inc. (Mark Follett, chairman/CEO); owns 13 other stations, none in this market
SELLER: Catholic Radio Network LLC (Bill Agee, board member)
FACILITIES: 930 kHz, 3 kW day/4 kW night
WMSX(AM) Brockton (Boston), Mass.
PRICE: $1.43 million
BUYER: Hispanic Broadcasters (Antonio Molina, president); owns no other stations
SELLER: Anastos Broadcast Group (J. Scott Collins, president)
FACILITIES: 1410 kHz, 1 kW day/156 W night
WSNJ(AM) Bridgeton, N.J.
BUYER: Quinn Broadcasting Inc. (James F. Quinn, president); owns one other station, not in this market
SELLER: Seeger, Guest and Fort (Edward F. Seeger, president)
FACILITIES: 1240 kHz, 1 kW
BUYER: Salem Communications Corp. (Edward G. Atsinger III, president/CEO); owns 92 other stations, including KGU (AM), KHCM(AM), KHNR(AM) and KAIM(AM) and -FM Honolulu
SELLER: Legacy Communications Corp. (E. Morgan Skinner Jr., president/CEO)
FACILITIES: 1170 kHz, 6 kW day/4 kW night
WIRA(AM) Fort Pierce (Ft. Pierce-Stuart-Vero Beach), Fla.
BUYER: Team One Media (Larry Lee Jr., managing member); owns no other stations
SELLER: Port St. Lucie Broadcasters Inc. (Carol Wyatt, president/treasurer)
FACILITIES: 1400 kHz, 1 kW
WOWZ(AM) Appomattox (Roanoke-Lynchburg), Va.
BUYER: Perception Media Group (Ben Peyton, president/director); owns three other stations: WCQV(AM), WNRV(AM) and WWWR(AM) Roanoke-Lynchburg
SELLER: OneCom Inc. (Victor C. Bosiger, president)
FACILITIES: 1280 kHz, 1 kW
WTKN(AM) Daleville (Dothan), Ala.
BUYER: John H. Beebe; owns one other station, not in this market
SELLER: Joseph Adams
FACILITIES: 1560 kHz, 5 kW
WZFB(AM) Fair Bluff, N.C.
BUYER: Good Samaritan Communications Inc. (Michael Augustus, president); owns two other stations, neither in this market
SELLER: Solomon Radio Partners (David Solomon, president)
FACILITIES: 1480 kHz, 1 kW day/48 W night
|Station Sales Scorecard|
|2004 YTD*||2003 Total|
|Source: BIA Financial Networks NA = not available *Through 1/14/04
|Number||Value (000)||Number||Value (000)|
Information provided by: BIA Financial Networks' Media Access Pro Chantilly, Va., www.bia.com
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