Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 2/8/2004 7:00:00 PM
TVs
KKJB(TV) Boise, Idaho
PRICE: $3 million
BUYER: Gary M. Cocola Family Trust (Gary M. Cocola, trustee)
SELLER: KM Communications Inc. (Myoung Bae, owner)
FACILITIES: Ch. 39, 2,490 kW, ant. 2,671 ft.
Combos
WRBO-FM Como (Memphis), Miss.; WGKX-FM Memphis, WSRR-FM Millington and WJZN-FM Munford (Memphis), Tenn.
PRICE: $100 million
BUYER: Citadel Broadcasting Corp. (Farid Suleman, chairman/CEO); owns 206 other stations, none in this market
SELLER: Barnstable Broadcasting Inc. (Michael Kaneb, president/COO)
FACILITIES: WRBO-FM: 103.5 MHz, 100 kW, ant. 679 ft.; WGKX-FM: 105.9 MHz, 100 kW, ant. 994 ft.; WSRR-FM: 98.1 MHz, 100 kW, ant. 869 ft.; WJZN-FM: 98.9 MHz, 40 kW, ant. 1,135 ft.
FORMAT: WRBO-FM: Rhythm & Blues/Oldies; WGKX-FM: Country; WSRR-FM: Classic Hits; WJZN-FM: Smooth Jazz
BROKER: Kalil & Co. Inc.
KUMU(AM), KUMU-FM and KAHA-FM Honolulu
PRICE: $5.25 million
BUYER: Visionary Related Entertainment LLC (John Detz Jr., president); owns nine other stations, none in this market
SELLER: Maverick Media (Gary Rozynek, president/COO)
FACILITIES: KUMU(AM): 1500 kHz, 10 kW; KUMU-FM: 94.7 MHz, 100 kW, ant. 79 ft.; KAHA-FM: 105.9 MHz, 92 kW, ant. 1,965 ft.
FORMAT: KUMU(AM): Soft AC; KUMU-FM: Lite Rock; KAHA-FM: Classic Rock
BROKER: Kalil and Co. Inc.
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