Changing Hands
By: BIA Financial Networks -- Broadcasting & Cable, 4/11/2004 8:00:00 PM
TVs
W55BT Talleyville, Del.
PRICE:
$300,000
BUYER:
Benjamin-Dane LLC (Ronald Reeves, member)
SELLER:
Mediacasting LLC (William E. Mattis, member)
FACILITIES: Ch. 53, 18.1 kW, ant. 442 ft.
K44HN Tullos, La.
PRICE:
$10,000
BUYER:
KM Communications (Myoung Hwa Bae, president)
SELLER:
U S Interactive LLC (Dean M. Mosely, CEO)
FACILITIES: Ch. 44, 1 kW
KFBI(LP) Ashland, Ore.
PRICE:
$10,000
BUYER:
Vernon G. Snyder (Vernon G. Snyder III, owner)
SELLER:
M.C. Allen Production (Mark C. Allen, owner)
FACILITIES: Ch. 63, 0.16 kW
W44CE Natchez, Miss.
PRICE:
$7,000
BUYER:
KM Communications (Myoung Hwa Bae, president)
SELLER:
Inspiration TV Inc. (George E. Sebastian, president)
FACILITIES: Ch. 44, 0.5 kW
Combos
WJST(FM) Ellwood City and WBZY(AM) and WKST(AM) New Castle, Pa.
PRICE: $2.85 million
BUYER: WJST(FM): Keymarket of Pennsylvania/Ohio LLC (Gerald A. Getz, president); owns 13 other stations, none in this market; WBZY(AM) and WKST(AM): Forever Broadcasting Inc. (Carol Logan, president); owns 30 other stations, none in this market
SELLER: Clear Channel Communications (John Hogan, CEO/radio)
FACILITIES: WJST-FM: 92.1 MHz, 6 kW, ant. 299 ft.; WBZY-AM: 1280 kHz, 5 kW day/1 kW night; WKST-AM: 1200 kHz, 5 kW day/1 kW night
FORMAT: WJST-FM: AC; WBZY-AM: Oldies; WKST-AM: News/ Talk/Sports
| Station Sales Scorecard | ||||
|---|---|---|---|---|
| 2004 YTD* | 2003 Total | |||
| Source: BIA Financial Networks *As of 4/7/04 |
||||
| Number | value (000) | Number | value (000) | |
| Television | 28 | $80,976 | 70 | $500,601 |
| Radio | 255 | $524,398 | 000 | $2,315,269 |
FMs
KVST(FM) La Porte (Houston-Galveston)
PRICE: $32.2 million
BUYER: Cumulus Broadcasting Inc. (Lewis W. Dickey Jr., president/CEO); owns 302 other stations, including KRWP-FM and KSTB(FM) Houston-Galveston
SELLER: New Wavo Communications Group (Benjamin B. Amato, president/secretary)
FACILITIES: 103.7 MHz, 100 kW, ant. 1,924 ft.
FORMAT: Country
KNOR(FM) Krum (Dallas-Ft. Worth), Texas
PRICE: $15.5 million
BUYER: Liberman Broadcasting Inc. (Lenard Liberman, executive VP); owns 15 other stations, none in this market
SELLER: Witko Broadcasting LLC (Dick Wilkowski, president)
FACILITIES: 93.7 MHz, 12 kW, ant. 1,952 ft.
FORMAT: Dark
WSJZ(FM) Sebastian (Melbourne-Titusville-Cocoa), Fla.
PRICE: $5 million
BUYER: Cumulus Broadcasting Inc. (Lewis W. Dickey Jr., president/CEO); owns 302 other stations, including WINT-AM, WAOA-FM, and WHKR(FM) Melbourne-Titusville-Cocoa
SELLER: Sebastian Broadcasting Co. (Michael Tuchman, co-owner)
FACILITIES: 95.9 MHz, 25 kW, ant. 289 ft.
FORMAT: Smooth Jazz
BROKER: George Reed of Media Services Group
WVIM(FM) Coldwater, Miss.
PRICE: $2.1 million
BUYER: First Broadcasting Co. LP (Gary M. Lawrence, president/vice chairman); owns 15 other stations, none in this market
SELLER: Tate and Desota Broadcasting (Talmadge Lane, owner)
FACILITIES: 95.3 MHz, 4 kW, ant. 423 ft.
FORMAT: Christian Contemporary/Spanish
BROKER: Gammon Media Brokers Inc.
WTRK(FM) Bay City (Saginaw-Bay City-Midland), Mich.
PRICE: $800,000
BUYER: Educational Media Foundation (Richard Jenkins, president); owns 91 other stations, none in this market
SELLER: Beyond the Bay Media Group (Mark Dewitt, general manager)
FACILITIES: 89.1 MHz, 2 kW, ant. 328 ft.
FORMAT: Christian Contemporary
BROKER: Greg Guy of Patrick Communications
KOFR(FM) Post, Texas
PRICE: $550,000
BUYER: Educational Media Foundation (Richard Jenkins, president); owns 91 other stations, none in this market
SELLER: Stephens Family Limited Partnership (Michael P. Stephens, president)
FACILITIES: 107.3 MHz, 22 kW, ant. 748 ft.
FORMAT: Christian Contemporary
BROKER: John Pierce of John Pierce and Co.
KLGD(FM) Stamford (Abilene), Texas
PRICE: $550,000
BUYER: Elizabeth Nunez; owns no other stations
SELLER: Texas Gulfwest Communications Corp. (Bill Hooten, president)
FACILITIES: 106.9 MHz, 40 kW, ant. 548 ft.
FORMAT: Country
KAJP-FM(CP) Firebaugh (Fresno), Calif.
PRICE: $450,000
BUYER: Lazer Broadcasting Corp. (Alfredo Plascencia, president); owns 16 other stations, including KNGS(FM) Fresno
SELLER: Central Valley Educational Services (Jesus Garcia, VP)
FACILITIES: 94.7 MHz, 900 W, ant. 66 ft.
FORMAT: CP-NOA
KYZZ(FM) San Angelo, Texas
PRICE: $450,000
BUYER: Foster Communications (Fred M. Key, president); owns three other stations: KKSA(AM), KIXY(FM), and KWFR(FM) San Angelo
SELLER: DH Carver Corp. (Audrey E. Luna, administrator)
FACILITIES: 100.1 MHz, 35 kW, ant. 338 ft.
FORMAT: Tejano
KOKU(FM) Agana, Guam
PRICE: $350,000
BUYER: Moy Communications (Kurt S. Moylan, president); owns no other stations
SELLER: Guam Radio Services Inc. (Lee Holmes, president)
FACILITIES: 100.3 MHz, 50 kW, ant. 541 ft.
FORMAT: CP-NOA
KNGS(FM) Coalinga (Fresno), Calif.
PRICE: $300,000
BUYER: Lazer Broadcasting Corp. (Alfredo Plascencia, president); owns 16 other stations, including KAJP(FM) Fresno
SELLER: William L. Zawilla
FACILITIES: 100.1 MHz, 19 kW, ant. 794 ft.
FORMAT: Nostalgia
AMs
WNEZ(AM) Manchester and WLAT(AM) New Britain (Hartford-New Britain-Middletown), Conn.
PRICE: $3 million
BUYER: Freedom Communications CT (Stephen Brisker, chairman/CEO/treasurer); owns no other stations
SELLER: Mega Communications Inc. (Adam Lindemann, chairman/president/CEO)
FACILITIES: WNEZ-AM: 1230 kHz, 1 kW; WLAT-AM: 910 kHz, 5 kW
FORMAT: WNEZ-AM: AC; WLAT-AM: Tropical
KRML(AM) Carmel (Monterey-Salinas-Santa Cruz), Calif.
PRICE: $725,000
BUYER: David C. Kimball; owns no other stations
SELLER: Wisdom Broadcasting (Alan Schultz, co-owner)
FACILITIES: 1410 kHz, 500 W day/16 W night
FORMAT: Jazz
KPTL(AM) Carson City (Reno), Nev.
PRICE: $700,000
BUYER: Jerry Evans; owns one other station, not in this market
SELLER: Casino Radio LLC (Harold Holder Sr., president)
FACILITIES: 1300 kHz, 5 kW day/500 W night
FORMAT: Oldies
BROKER: The Exline Co.
KUBA(AM) Yuba City, Calif.
PRICE: $500,000
BUYER: Nevada County Broadcasters (Bob Breck, CEO); owns two other stations, none in this market
SELLER: Midvalley Radio Partners LLC (Bruce Buzil, president)
FACILITIES: 1600 kHz, 5 kW day/3 kW night
FORMAT: Adult Standard
WCSL(AM) Cherryville and WLON(AM) Lincolnton (Charlotte-Gastonia-Rock Hill), N.C.
PRICE: $500,000
BUYER: HRN Broadcasting (D. Mark Boyd III, president/
director); owns no other stations
SELLER: KTC Broadcasting Inc. (Calvin Hastings, president)
FACILITIES: WCSL(AM): 1590 kHz, 1 kW day/42 W night; WLON(AM): 1050 kHz, 1 kW day/231 W night
FORMAT: WCSL(AM): Oldies; WLON(AM): Oldies
KCCS(AM) Salem (Portland), Ore.
PRICE: $500,000
BUYER: KCCS LLC (Donald R. Wyant Jr., sole member); owns no other stations
SELLER: Christian Center (Larry Murrell, president)
FACILITIES: 1220 kHz, 1 kW day/171 W night
FORMAT: Christian Contemporary
WJAK(AM) Jackson, Tenn.
PRICE: $318,000
BUYER: Black Crow Media Group (Mike Linn, president); owns 24 other stations, including WFKX(FM), WHHM(FM), WWYN(FM) and WZDQ(FM) Jackson
SELLER: Wolfe Communications Inc. (James E. Wolfe, president)
FACILITIES: 1460 kHz, 1 kW day/128 W night
FORMAT: R&B Oldies
WRCW(AM) Canton, Ohio
PRICE: $300,000
BUYER: Living Bread Radio (Barbara Gaskell, president/director); owns no other stations
SELLER: Arcey Broadcasting (Ronald D. Colaner, president)
FACILITIES: 1060 kHz, 5 kW
FORMAT: AC/Talk
KBRN(AM) Boerne (San Antonio), Texas
PRICE: $200,000
BUYER: Gerald G. Benavides (Gerald G. Benavides, owner); owns no other stations
SELLER: La Radio Cristiana Network Inc. (Paulino Bernal Jr., president)
FACILITIES: 1500 kHz, 250 W
FORMAT: Spanish/Christian
KGLD(AM) Tyler (Tyler-Longview), Texas
PRICE: $160,000
BUYER: Salt of Earth Broadcasting (Darrell E. Martin, president/director/secretary); owns one other station, not in this market
SELLER: Gleiser Communications LP (Paul L. Gleiser, managing member/president)
FACILITIES: 1330 kHz, 1 kW day/77 W night
FORMAT: Oldies
Information provided by: BIA Financial Networks' Media Access Pro Chantilly, Va., www.bia.com
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