Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 9/19/2004 8:00:00 PM
TVs
KIMO Anchorage, K13KU Delta Junction, KATN
Fairbanks, KJUD Juneau, K03FW Kenai and K13MZ Usibelli, Alaska; KEYT and
KSBB-LP Santa Barbara and K57BC San Luis Obispo, Calif.; K13OC Douglas, Mass.;
WKTV Utica, N.Y.; WFFF Burlington, Vt.
PRICE: Undisclosed
BUYER: Smith Media LLC (Michael
Granados, CEO)
SELLER: Smith Broadcasting Group
(Leslie J. Goldman, president/CEO)
FACILITIES: KIMO: Ch. 13, 316 kW,
ant. 781 ft.; K13KU: Ch. 13, 2.68 kW; KATN: Ch. 2, 26.7 kW, ant. 715 ft.; KJUD:
Ch. 8, 0.204 kW, ant. –948 ft.; K03FW: Ch. 3, 0.15 kW; K13MZ: Ch. 13, 0.008
kW; KEYT-TV: Ch. 3, 50.1 kW, ant. 3,009 ft.; KSBB-LP: Ch. 17, 1.07 kW; K57BC:
Ch. 57, 0.804 kW; K13OC: Ch. 13, 0.028 kW; WKTV: Ch. 2, 34.7 kW, ant. 1,381 ft.
; WFFF: Ch. 44, 1,450 kW, ant. 2,756 ft.
AFFILIATION: KIMO: ABC; KATN: ABC;
KJUD: ABC; KEYT: ABC; WKTV: NBC; WFFF: Fox
COMMENT: The seller will exchange
certain assets for limited-liability-company units in the buyer. At closing,
the seller will sell to the buyer 2.6 million of the units at $10 each.
KTGF Great Falls and K47DP Lewiston,
Mont.
PRICE: $3 million
BUYER: Destiny Communications LLC
(Darnell Washington, president)
SELLER: Max Media LLC (John A.
Trinder, president)
FACILITIES: KTGF: Ch. 16, 2,040 kW,
ant. 1,047 ft.; K47DP: Ch. 47, 1.1 kW
AFFILIATION: KTGF: NBC
BROKER: Minority Media and
Telecommunications Council
WBWX-CA Minneapolis
PRICE: $1.25 million
BUYER: Equity Broadcasting Corp.
(Greg W. Fess, executive vice president)
SELLER: The Box Worldwide LLC (Amy
Brown)
FACILITIES: Ch. 13, 1.25 kW
AFFILIATION: Ind.
K48DS San Antonio
PRICE: $100,000
BUYER: Mako Communications LLC
(Michael Mintz, member)
SELLER: San Antonio College (Robert
E. Zeigler, president)
FACILITIES: Ch. 48, 1.55 kW
W22CU and W64CS Marietta, Ohio
PRICE: $40,000
BUYER: Wood Investments LLC (Tom
Susman, manager)
SELLER: Michael Mintz
FACILITIES: W22CU: Ch. 22, 2.02 kW;
W64CS: Ch. 64, 65 kW
K06NV, K09MH, and K11MP White Sulphur Springs,
Mont.
PRICE: Donation
BUYER: Meagher County Television
District (Jamie Doggett, chairman/county commissioner)
SELLER: Flatiron Corp. (Betty
Bridges, board member)
FACILITIES: K06NV: Ch. 6, 0.065 kW;
K09MH: Ch. 9, 0.051 kW: K11MP: Ch. 11, 0.007 kW
Combos
KWOW(FM) Clifton (Waco) and KXEB(AM) Frisco
(Dallas-Ft. Worth) and KLNT(AM), KNEX(FM) and KQUR(FM) Laredo and KHHL(FM)
Leander, KXXS(FM) Marble Falls and KOKE(AM) Pflugerville (Austin),
Texas
PRICE: $70 million
BUYER: BMP Radio LP (Thomas H.
Castro, president/CEO); owns 14 other stations, none in this market
SELLER: KQUR(FM): Border Broadcasters
Inc. (Willis J. Harpole, president); the other stations: Amigo Broadcasting LP
(James Anderson, CEO)
FACILITIES: KWOW(FM): 104.1 MHz, 16
kW, ant. 459 ft.; KXEB(AM): 910 kHz, 1 kW day/500 W night; KLNT(AM): 1490 kHz,
1 kW; KNEX(FM): 106.1 MHz, 6 kW, ant. 177 ft.; KQUR(FM): 94.9 MHz, 100 kW, ant.
810 ft.; KHHL(FM): 98.9 MHz, 40 kW, ant. 406 ft.; KXXS(FM): 104.9 MHz, 10 kW,
ant. 804 ft.; KOKE(AM): 1600 kHz, 5 kW day/700 W night
FORMAT: KWOW(FM): Mexican; KXEB(AM):
Mexican; KLNT(AM): Talk; KNEX(FM): Rhythmic/CHR; KQUR(FM): '70s and '80s;
KHHL(FM): Mexican; KXXS(FM): Mexican; KOKE(AM): Mexican
BROKER: Media Venture Partners
COMMENT: KQUR(FM) has an LMA (with
purchase option) with Amigo Radio.
WMOO(FM) Derby Center and WIKE(AM) Newport,
Vt.
PRICE: $2.35 million
BUYER: Nassau Broadcasting Partners
LP (Louis Mercatanti Jr., president/chairman); owns 44 other stations, none in
this market
SELLER: Northstar Media Inc. (William
J. Macek, president/ treasurer)
FACILITIES: WMOO(FM): 92.1 MHz, 2 kW,
ant. 620 ft.; WIKE(AM): 1490 kHz, 1 kW
FORMAT: WMOO(FM): Hot AC; WIKE(AM):
Country
BROKER: The Sales Group
KSEK(FM) Girard and KSEK(AM) Pittsburg,
Kan.
PRICE: $700,000
BUYER: SE Kansas Independent Living
Resource Center Inc. (Shari Coatney, president/ CEO); owns no other
stations
SELLER: Innovative Broadcasting Corp.
(William B. Wachter, president/director)
FACILITIES: KSEK(FM): 99.1 MHz, 6 kW,
ant. 325 ft.; KSEK(AM): 1340 kHz, 1 kW
FORMAT: KSEK(FM): Classic Rock;
KSEK(AM): Sports
WLGN(AM) and WLGN(FM) Logan, Ohio
PRICE: $675,000
BUYER: Baker Family Stations (Vernon
H. Baker, president); owns 31 other stations, none in this market
SELLER: Logan Broadcasting Co. (Roger
Hinerman, president)
FACILITIES: WLGN(AM): 1510 kHz, 1 kW;
WLGN(FM): 98.3 MHz, 3 kW, ant. 240 ft.
FORMAT: WLGN(AM): Country; WLGN(FM):
Country
FMs
WZZU(FM) Lynchburg and WZZI(FM) Vinton
(Roanoke-Lynchburg), Va.
PRICE: $4.15 million
BUYER: Centennial Broadcasting LLC
(Allen Shaw, president/ CEO); owns no other stations
SELLER: Travis Media LLC (Karen
Travis, president/manager)
FACILITIES: WZZU(FM): 97.9 MHz, 570
W, ant. 1,926 ft.; WZZI(FM): 101.5 MHz, 510 W, ant. 784 ft.
FORMAT: WZZU(FM): Oldies; WZZI(FM):
Oldies
BROKER: Frank Boyle and
Associates
KGND(FM) Ketchum, Okla.
PRICE: $4 million
BUYER: Public Radio Capital Inc.
(Marc Hand, president/ managing director); owns one other station, not in this
market
SELLER: Northeast Oklahoma Broadcast
Network (Larry Hestand, president/director)
FACILITIES: 107.5 MHz, 100 kW, ant.
981 ft.
FORMAT: AC
BROKER: Public Radio Capital
WKOE(FM) Ocean City (Atlantic City-Cape May),
N.J.
PRICE: $900,000
BUYER: Millennium Radio Group
(Charles W. Banta, chairman); owns 12 other stations, including WKXW(AM),
WFPG(FM), WIXM(FM), WOJZ(FM) and WPUR(FM) Atlantic City-Cape May
SELLER: Ocean Communications
Broadcasting LLC (Steven L. Sinn, general partner)
FACILITIES: 106.3 MHz, 3 kW, ant. 308
ft.
FORMAT: Oldies/Talk
WDOX(FM) North Cape May (Atlantic City-Cape
May), N.J.
PRICE: $700,000
BUYER: Coastal Broadcasting Systems
Inc. (Edwin Rosenfeld, chairman); owns two other stations, including WCZT(FM)
and WWZK(FM) Atlantic City-Cape May
SELLER: Marc Scott Communications
Inc. (Marc Scott, president)
FACILITIES: 106.7 MHz, 3 kW, ant. 233
ft.
FORMAT: Alternative/Rock
KESY(FM)(CP) Cuba, Mo.
PRICE: $400,000
BUYER: Twenty-One Sound
Communications (Randy Wachter, president); owns three other stations, none in
this market
SELLER: Reichel Broadcasting Corp.
(Norris Reichel, president)
FACILITIES: 107.3 MHz, 25 kW, ant.
328 ft.
FORMAT: CP—NOA
BROKER: Cox and Cox Media Brokers
KYBE(FM) Frederick, Okla.
PRICE: $325,000
BUYER: LKCM Radio Group LP (Kevin
Prigel, VP/director); owns three other stations, none in this market
SELLER: Tomar Broadcasting Co. Inc.
(Brent Morey, owner)
FACILITIES: 95.9 MHz, 6 kW, ant. 249
ft.
FORMAT: Country
AMs
KJME(AM) Denver (Denver-Boulder)
PRICE: $4.2 million
BUYER: Boulder Community Broadcast
Association Inc. (Arleigh Benenson-Stranahan, chairman); owns one other
station, KGNU(FM) Denver-Boulder
SELLER: Jo-Mor Communications Inc.
(Andres O. Neidig, president)
FACILITIES: 1390 kHz, 1 kW day/59 W
night
FORMAT: Mexican
WNRI(AM) Woonsocket (Providence-
Warwick-Pawtucket), R.I.
PRICE: $900,000
BUYER: Bouchard Broadcasting Inc.
(Roger E. Bouchard, president); owns no other stations
SELLER: Anastos Broadcast Group (J.
Scott Collins, president)
FACILITIES: 1380 kHz, 3 kW day/18 W
night
FORMAT: News/Talk
WTTR(AM) Westminster (Baltimore),
Md.
PRICE: $540,000
BUYER: Sajak Broadcasting Corp.
(Patrick L. Sajak, president/chairman); owns two other stations, including
WNAV(AM) Baltimore
SELLER: Times-Shamrock Communications
Inc. (William R. Lynett, president/CEO)
FACILITIES: 1470 kHz, 1 kW
FORMAT: Oldies
BROKER: Dick Kozacko of Kozacko Media
Services
WNBP(AM) Newburyport (Boston),
Mass.
PRICE: $500,000
BUYER: Westport Communications LP
(Todd Tanger, managing member); owns one other station, WBOQ(FM) Boston
SELLER: Radio Newburyport LLC (Robert
Fuller, president)
FACILITIES: 1450 kHz, 1 kW
FORMAT: Adult Standard
BROKER: Frank Boyle of Frank Boyle
and Associates
WCGB(AM) Juana Diaz (Puerto Rico),
P.R.
PRICE: $500,000
BUYER: Calvary Evangelistic Mission
(Ruth Luttrell, president); owns two other stations, including WBMJ(AM) Puerto
Rico
SELLER: Grace Broadcasters Inc.
(Lawrence Prumbower, representative)
FACILITIES: 1060 kHz, 5 kW day/500 W
night
FORMAT: Spanish/Variety
| Station Sales Scorecard | ||||
|---|---|---|---|---|
| 2004 YTD* | 2003 Total | |||
| Number | value (000) | Number (000) | value | |
| Source: BIA Financial Networks *As of 9/15/04 |
||||
| Television | 62 | $393,288 | 70 | $500,601 |
| Radio | 637 | $1,476,386 | 881 | $2,324,252 |
Information provided by: BIA Financial Networks' Media Access Pro Chantilly, Va., www.bia.com
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