Deals
By BIA Financial Networks -- Broadcasting & Cable, 1/16/2005 7:00:00 PM
TVs
KZAV(LP) Brownsville, KZMC(LP) McAllen and KZLD(LP) Laredo, Texas
PRICE: $3.75 million
BUYER: Entravision Holdings LLC (Walter Ulloa, chairman/CEO)
SELLER: Zavaletta Broadcasting Group (Joseph A. Zavaletta, president/CEO)
FACILITIES: KZAV(LP): Ch. 21, 9 kW; KZMC(LP): Ch. 35, 14 kW, ant. 323 ft.; KZLD(LP): Ch. 25, 21 kW, ant. 456 ft.
AFFILIATION: KZAV(LP): Pax; KZMC(LP): Pax; KZLD(LP): Ind.
WIPX-LP Indianapolis
PRICE: $635,000
BUYER: Giant City Media Inc. (Todd M. Cralley, president)
SELLER: Paxson Communications Corp. (Dean Goodman, president/COO)
FACILITIES: Ch. 34, 10 kW
AFFILIATION: Pax
K59AO, K61AJ & K65AM Inyokern, and K67AO Ridgecrest, Calif.
PRICE: $40,000
BUYER: Roy William Mayhugh (Roy William Mayhugh, owner)
SELLER: Indian Wells Valley TV Booster Inc. (Edward R. Middlemiss, president)
FACILITIES: K59AO: Ch. 59, 0.275 kW; K61AJ: Ch. 61, 0.437 kW; K65AM: Ch. 65, 0.275 kW; K67AO: Ch. 67, 4.57 kW
K44GW Hereford, Texas
PRICE: $7,000
BUYER: Hispanic Christian Community Network Inc. (Omar Vasquez, president)
SELLER: Trinity Broadcasting Network Inc. (Paul F. Crouch, president)
FACILITIES: Ch. 44, 3 kW, ant. 301 ft.
K18HC Plainview, Texas
PRICE: $7,000
BUYER: Hispanic Christian Community Network Inc. (Omar Vasquez, president)
SELLER: Trinity Broadcasting Network Inc. (Paul F. Crouch, president)
FACILITIES: Ch. 18, 1 kW, ant. 329 ft.
K14LV Cheyenne, Wyo.
PRICE: $7,000
BUYER: Hispanic Christian Community Network Inc. (Omar Vasquez, president)
SELLER: Trinity Broadcasting Network Inc. (Paul F. Crouch, president)
FACILITIES: Ch. 14, 11.2 kW, ant. 129 ft.
K34HU Pampa, Texas
PRICE: $7,000
BUYER: Hispanic Christian Community Network Inc. (Omar Vasquez, president)
SELLER: Trinity Broadcasting Network Inc. (Paul F. Crouch, president)
FACILITIES: Ch. 34, 10 kW, ant. 264 ft.
W30CH Clarksburg, W.Va.
PRICE: $5,100
BUYER: Vernon G. Snyder (Vernon G. Snyder III, owner)
SELLER: Trinity Broadcasting Network Inc. (Paul F. Crouch, president)
FACILITIES: Ch. 30, 1 kW
K59HT PITTSBURG, KAN.
PRICE: $3,060
BUYER: Brady Broadcasting (William G. Brady, owner)
SELLER: Trinity Broadcasting Network (Paul F. Crouch, president)
FACILITIES: Ch. 59, 9 kW
AFFILIATION: TBN
KJJM(LP) DALLAS
PRICE: Undisclosed
BUYER: Mako Communications (Michael Mintz, member)
SELLER: Jane McGinnis
FACILITIES: Ch. 34, 50 kW
K16FB AND K53IR GLOBE AND W34DJ WESTON, GA.
PRICE: Undisclosed
BUYER: Southern Television and Radio LLC (James Christian Hawkins, partner)
SELLER: Tift Area TV Inc. (Kathy Hawkins, president)
FACILITIES: Ch. 34, 100 kW, ant. 385 ft.
COMMENT: Court-ordered transfer
KATA(LP) MESQUITE, TEXAS
PRICE: Undisclosed
BUYER: Mako Communications (Michael Mintz, member)
SELLER: Jane McGinnis
FACILITIES: Ch. 50, 50 kW, ant. 1102 ft.
K23DS EVANSTON, WYO.
PRICE: Undisclosed
BUYER: Wyoming Public Television (Dan Schiedel)
SELLER: Wyoming Communications Corp. (Paul Barnard)
FACILITIES: Ch 23, 2.150 kW
K15GC AND K21GC SAFFORD, ARIZ.
PRICE: Undisclosed
BUYER: Univision Communications Inc. (A. Jerrold Perenchio, chairman/CEO)
SELLER: Equity Broadcasting Corp. (Greg W. Fess, executive VP)
FACILITIES: K16FB: Ch. 16, 10 kW; K53IR: Ch. 53, 3 kW, ant. 2,220 ft.; K15GC: Ch. 15, 31.6 kW; K21GC: Ch. 21, 89.1 kW
K15CH LEWISTON, IDAHO
PRICE: Undisclosed
BUYER: Washington State University (V. Lane Rawlins, president)
SELLER: Orchards Community TV Association Inc. (H.V. Yochum, president)
FACILITIES: Ch. 15, 0.18 kW
K40FL, K36EV, K38FJ, K45FH, K49FE ALTUS, OKLA.
PRICE: Undisclosed
BUYER: Oklahoma Community Television LLC (Marvin Shirley, chairman/board of managers)
SELLER: Copper Breaks TV Translator System (Arnold Cruze, owner)
FACILITIES: K40FL: Ch. 40, 0.581 kW; K36EV: Ch. 36, 0.581 kW; K38FJ: Ch. 38, 0.581 kW; K45FH: Ch. 45, 5.860 kW; K49FE: Ch. 49, 5.860 kW
K51CV GOULD AND K53AV, K55BQ, K57BB AND K59BI HOLLIS, OKLA.
PRICE: Undisclosed
BUYER: Oklahoma Community Television LLC (Marvin Shirley, chairman/board of managers)
SELLER: Southwest TV Translator System (Arnold Cruze, owner)
FACILITIES: K51CV: Ch. 51, 0.942 kW; K53AV: Ch. 53, 1.1 kW; K55BQ: Ch. 55. 0.527 kW; K57BB: Ch. 57, 0.520 kW; K59BI: Ch. 59, 0.570 kW.
K52HZ MANHATTAN, KAN.
PRICE: Undisclosed
BUYER: Vernon G. Snyder (Vernon Snyder III, owner)
SELLER: Inspiration TV Inc. (George E. Sebastian, president)
FACILITIES: Ch. 52, 20 kW
W40BX MERIDIAN, MISS.
PRICE: Undisclosed
BUYER: Vernon G. Snyder (Vernon Snyder III, owner)
SELLER: Inspiration TV Inc. (George E. Sebastian, president)
FACILITIES: Ch. 40, 0.7 kW
K52JO WICHITA FALLS, TEXAS
PRICE: Undisclosed
BUYER: Vernon G. Snyder (Vernon Snyder III, owner)
SELLER: Inspiration TV Inc. (George E. Sebastian, president)
FACILITIES: Ch. 52, 10 kW
K51GP WICHITA FALLS, TEXAS
PRICE: No cash consideration
BUYER: J2 Broadcast Partners (John Lyle II, managing member)
SELLER: Telecom Wireless LLC (Eric Mathe, president)
FACILITIES: Ch. 51, 1 kW
COMMENT: In exchange for various LPTV consulting services to be provided by J2 Broadcast Partners for Telecom Wireless
KFBI(LP) ASHLAND, ORE.
PRICE: Undisclosed
BUYER: Sainte Ltd (Chester Smith, president/general partner)
SELLER: Vernon Snyder (Vernon G. Snyder III, owner)
FACILITIES: Ch. 63, 1.3 kW
Combos
WARK(AM) and WARX(FM) Hagerstown (Hagerstown-Chambersburg- Waynesboro), Md.
PRICE: $14 million
BUYER: Nassau Broadcasting Partners LP (Louis Mercatanti Jr., president/chairman); owns 47 other stations, none in this market
SELLER: Manning Broadcasting Inc. (Eugene Manning, president/GM)
FACILITIES: WARK(AM): 1490 kHz, 1 kW; WARX(FM): 106.9 MHz, 16 kW, ant. 853 ft.
FORMAT: WARK(AM): Talk/Oldies; WARX(FM): Oldies
BROKER: Glenn Serafin of Serafin Brothers Inc. and Larry Patrick of Patrick Communications
COMMENT: Nassau began operating the stations Jan. 1 under an LMA.
WKQW(AM) and WKQW(FM) Oil City (Meadville- Franklin), Pa.
PRICE: $540,000
BUYER: Clarion County Broadcasting (William S. Hearst, president/secretary/treasurer); owns two other stations, neither in this market
SELLER: Estate of Stephen M. Olszowka (Joseph V. Olszowka, executor)
FACILITIES: WKQW(AM): 1120 kHz, 1 kW; WKQW(FM): 96.3 MHz, 6 kW, ant. 328 ft.
FORMAT: WKQW(AM): Talk; WKQW(FM): Oldies
BROKER: Dick Kozacko of Kozacko Media Services
FMs
WJSE(FM) Petersburg (Atlantic City-Cape May), N.J.
PRICE: $4.75 million
BUYER: Access.1 Communications (Chesley Maddox-Dorsey, president/director); owns 19 other stations, including WGYM(AM), WOND(AM), WUSS(AM), WMGM(FM) and WTKU(FM) Atlantic City-Cape May
SELLER: Parinello Enterprises Inc. (Al Parinello, owner)
FACILITIES: 102.7 MHz, 3 kW, ant. 295 ft.
FORMAT: Alternative
BROKER: Robert Mahlman of Mahlman Co.
WCXT(FM) Hart (Muskegon), Mich.
PRICE: $4.1 million
BUYER: Citadel Broadcasting Corp. (Farid Suleman, chairman/CEO); owns 218 other stations, including WUBR(AM), WEFG(FM), WLCS(FM) and WSHN(FM) Muskegon
SELLER: Waters Broadcasting Corp. (Nancy Waters, president)
FACILITIES: 105.3 MHz, 50 kW, ant. 492 ft.
FORMAT: Lite AC
KKAW(FM) Albin and KREO(FM) Pine Bluffs (Cheyenne), Wyo.
PRICE: $850,000
BUYER: Chisholm Trail Broadcasting LLC (Karl Lieber, manager/member); owns no other stations
SELLER: Northeast Broadcasting Co. (Steven A. Silberberg, president/clerk/director)
FACILITIES: KKAW(FM): 107.3 MHz, 9 kW, ant. 532 ft.; KREO(FM): 105.3 MHz, 6 kW, ant. 249 ft.
FORMAT: KKAW(FM): Country; KREO(FM): Classic Rock
WYRS(FM) Manahawkin (Monmouth-Ocean), N.J.
PRICE: $1
BUYER: WYRS Broadcasting (Robert E. Wick, president); owns no other stations
SELLER: Penn-Jersey Educational Radio Corp. (Frank W. Napurano, president)
FACILITIES: 90.7 MHz, 500 W, ant. 259 ft.
FORMAT: Christian
WWZP(FM) Freeland (Saginaw-Bay City- Midland), Mich.
PRICE: $1
BUYER: Radio Assist Ministry Inc. (Clark Parrish, president); owns three other stations, none in this market
SELLER: American Family Association Inc. (Donald E. Wildmon, chairman)
FACILITIES: 90.9 MHz, 240 W, ant. 213 ft.
FORMAT: Christian
COMMENT: At closing, the buyer will give AFA an $80,000 credit toward the purchase of FM translator CPs or stations licensed to the buyer and will give Great Lakes Community Broadcasting a $10,000 credit toward the purchase of FM translators CPs or stations licensed to the buyer.
KKVO(FM) ALTUS, OKLA.
PRICE: Undisclosed
BUYER: Educational Media Foundation (Richard Jenkins, president); owns 120 other stations, none in this market
SELLER: Altus Educational Broadcasting Foundation (Bat Masterson, president)
FACILITIES: 90.9 MHz, 4 kW, ant. 820 ft.
FORMAT: Christian
BROKER: Greg Guy of Patrick Communications
WDDK(FM) GREENSBORO, GA.
PRICE: Undisclosed
BUYER: Wyche Services Corp. (Paul Stone); owns no other stations
SELLER: Briarpatch Radio (Chip Lyness, president)
FACILITIES: 103.9 MHz, 5 kW, ant. 328 ft.
FORMAT: Oldies/News/Talk
COMMENT: Paul Stone assigns the Asset Purchase Agreement to Wyche Services Corp. without seller’s consent.
AMs
WBRY(AM) Woodbury, Tenn.
PRICE: $130,000
BUYER: Volunteer Broadcasting LLC (M. Douglas Combs, chief manager); owns no other stations
SELLER: Dasan Communications Corp. (Dave Bunge, president)
FACILITIES: 1540 kHz, 500 W
FORMAT: Country/Gospel/Blue Grass
KSRR(AM) PROVO (SALT LAKE CITY-OGDEN-PROVO), UTAH
PRICE: Undisclosed
BUYER: Zeta Holdings LLC (Robert Morey, manager); owns one other station, KCFM(FM) Salt Lake City-Ogden-Provo
SELLER: Robert H. Morey (Robert H. Morey, president/owner)
FACILITIES: 1400 kHz, 1 kW
FORMAT: Full Service
COMMENT: Transfer to related company
WXLW(AM) INDIANAPOLIS
PRICE: Undisclosed
BUYER: Raven Broadcasting Inc. (Jonathon Byrd II); owns no other stations
SELLER: Pilgrim Communications LLC (Gene Hood, president)
FACILITIES: 950 kHz, 5 kW day/117 W night
FORMAT: Sports
KBYG(AM) BIG SPRING, TEXAS
PRICE: Undisclosed
BUYER: David Pappajohn; owns no other stations
SELLER: Ballard Broadcasting (Drew Ballard, owner)
FACILITIES: 1400 kHz, 1 kW
FORMAT: Oldies/Talk/Spanish
WBIX(AM) Natick (Boston), Mass.
PRICE: Undisclosed
BUYER: David Vicinanzo, receiver; owns no other stations
SELLER: Bradford C. Bleidt
FACILITIES: 1060 kHz, 40 kW day/3 kW night
FORMAT: Business News
COMMENT: Involuntary assignment following a court order.
Information Provided by: BIA Financial Networks’ Media Access Pro. Chantilly, Va., www.bia.com
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