Deals
By BIA Financial Networks -- Broadcasting & Cable, 9/4/2005 8:00:00 PM
TVs
WSFA(TV) Montgomery, Ala.; KAIT(TV) Jonesboro, Ark.; WALB(TV) Albany, Ga.; WFIE(TV) Evansville, Ind.; WAVE(TV) Louisville, Ky.; KPLC(TV) Lake Charles, La.; WLOX(TV) Biloxi and WLBT(TV) Jackson, Miss.; WWAY(TV) Wilmington, N.C.; WTOL(TV) Toledo, Ohio; WIS(TV) Columbia, S.C.; KGBT(TV) Harlingen, KCBD(TV) Lubbock, KTRE Lufkin and KLTV(TV) Tyler, Texas
PRICE: $987 million
BUYER: Raycom Media Inc. (Paul McTear, president/CEO)
SELLER: Cosmos Broadcasting Corp. (James M Keelor, president/COO)
FACILITIES: WSFA(TV): Ch. 12, 316 kW, ant. 2,001 ft.; KAIT(TV): Ch. 8, 316 kW, ant. 1,749 ft.; WALB(TV): Ch. 10, 316 kW, ant. 961 ft.; WFIE(TV): Ch. 14, 2,190 kW, ant. 1,020 ft.; WAVE(TV): Ch. 3, 100 kW, ant. 1,821 ft.; KPLC(TV): Ch. 7, 316 kW, ant. 1,480 ft.; WLOX (TV): Ch. 13, 316 kW; ant. 1,339 ft.; WLBT (TV): Ch. 3, 100 kW, ant. 2,047 ft.; WWAY(TV): Ch. 3, 100 kW, ant. 1,854 ft.; WTOL(TV): Ch. 11, 316 kW, ant. 1,001 ft.; WIS(TV): Ch. 10, 316 kW, ant. 1,572 ft.; KGBT(TV): Ch. 4, 100 kW; ant. 1,299 ft.; KCBD (TV): Ch. 11, 316 kW, ant. 761 ft.; KTRE: Ch. 9, 316 kW; ant. 669 ft.; KLTV (TV): Ch. 7, 316 kW, ant. 991 ft.
AFFILIATION: WSFA(TV): NBC; KAIT(TV): ABC; WALB(TV): NBC; WFIE(TV): NBC; WAVE(TV): NBC; KPLC(TV): NBC; WLOX(TV): ABC; WLBT(TV): NBC; WWAY(TV): ABC; WTOL(TV): CBS; WIS(TV): NBC; KGBT(TV): CBS; KCBD(TV): NBC; KTRE: ABC; KLTV(TV): ABC
KHAS(TV) Hastings, KNOP(TV) and K11TW North Platte, Neb.
PRICE: Undisclosed
BUYER: Hoak Media LLC (Eric Van den Branden, president)
SELLER: Greater Nebraska Television Inc. (Cynda S. Walker, president/director)
FACILITIES: KHAS(TV): Ch. 5, 100 kW, ant. 732 ft.; KNOP(TV): Ch. 2, 100 kW, ant. 630 ft; K11TW: Ch. 11, 0.084 kW
AFFILIATION: KHAS(TV): NBC; KNOP(TV): NBC; K11TW: Fox
BROKER: Kalil and Co.
KJHP(LP) Morongo Valley, Calif.
PRICE: $1.25 million
BUYER: San Bernardino Community College District (Donald Averill, chancellor)
SELLER: Shahram Hashemizadeh (Shahram Hashemizadeh, owner)
FACILITIES: Ch. 18, 7.5 kW
BROKER: Greg Guy of Patrick Communications
WSTY(LP) Hammond, La.
PRICE: Undisclosed
BUYER: Veritas Broadcasting Group LLC (J.D. Perry, managing member)
SELLER: Ponchartrain Investors LLC (Daniel Dugan, manager)
FACILITIES: Ch. 23, 50 kW
AFFILIATION: Ind.
Combos
KBIM(AM) and KBIM(FM) Roswell, N.M.
PRICE: $1.8 million
BUYER: Weston Entertainment (Gregg Weston, manager); owns three other stations, none in this market
SELLER: King Broadcasting Co. (John King, president)
FACILITIES: KBIM(AM): 910 kHz, 5 kW day/500 W night; KBIM(FM): 94.9 MHz, 100 kW, ant. 1,880 ft.
FORMAT: KBIM(AM): News/Talk; KBIM(FM): Lite AC
BROKER: Jim Hoffman of Explorer Communications
KITO(AM) and KITO(FM) Vinita, Okla.
PRICE: $900,000
BUYER: Mid America Ag Network Inc. (Larry Steckline, president); owns no other stations
SELLER: DLB Broadcasting Corp. (Dave Boyd, president)
FACILITIES: KITO(AM): 1470 kHz, 500 W day/88 W night; KITO(FM): 96.1 MHz, 50 kW, ant. 492 ft.
FORMAT: KITO(AM): Country; KITO(FM): Country
KBIZ(AM) and KTWA(FM) Ottumwa, Iowa
PRICE: $890,000
BUYER: O Town Communications Inc. (Greg List, president); owns two other stations, none in this market
SELLER: Fairfield Media Group (Jay Mitchell, president)
FACILITIES: KBIZ(AM): 1240 kHz, 1 kW; KTWA(FM): 92.7 MHz, 50 kW, ant. 318 ft.
FORMAT: KBIZ(AM): Talk; KTWA(FM): AC
BROKER: Susan K. Patrick of Patrick Communications
WZAM(AM) and WMQT(FM) Ishpeming, Mich.
PRICE: $827,300
BUYER: Taconite Broadcasting Inc. (Thomas Mogush, president); owns no other stations
SELLER: Taconite Broadcasting Inc. (Patricia A. Blake, personal representative, estate)
FACILITIES: WZAM(AM): 970 kHz, 5 kW; WMQT(FM): 107.7 MHz, 100 kW, ant. 639 ft.
FORMAT: WZAM(AM): News; WMQT(FM): AC
COMMENT: The Estate of William J. Blake is selling its 70% interest in Taconite Broadcasting to Mogush, making him 100% owner of the company
FMs
KKLD(FM) Prescott Valley (Flagstaff-Prescott), Ariz.
PRICE: $26 million
BUYER: Sunburst Media (John Borders, president/CEO); owns no other stations
SELLER: 3 Point Media LLC (Bruce Buzil, manager)
FACILITIES: 98.3 MHz, 880 W, ant. 2,546 ft.
FORMAT: Oldies
BROKER: Thomas Gammon of Americom
WJZV(FM) Ettrick, WCUL(FM) Midlothian, WARV(FM) Petersburg and WBBT(FM) Powhatan (Richmond), Va.
PRICE: $25 million
BUYER: Main Line Broadcasting LLC (Dan Savadove, CEO); owns five other stations, none in this market
SELLERs: WJZV(FM): Richmond Broadcasting Inc. (Michael Guld, president); WCUL(FM), WARV(FM) and WBBT(FM): MainQuad Communications Inc. (Daniel Berman, owner, president)
FACILITIES: WJZV(FM): 93.1 MHz, 5 kW, ant. 348 ft.; WCUL(FM): 98.9 MHz, 5 kW, ant. 746 ft.; WARV(FM): 100.3 MHz, 5 kW, ant. 371 ft.; WBBT(FM): 107.3 MHz, 4 kW, ant. 416 ft.
FORMAT: WJZV(FM): Country, WCUL(FM): Dark; WARV(FM): Oldies; WBBT(FM): Oldies
BROKER: Eddie Esserman of Media Services Group
WHLF(FM) South Boston, Va.
PRICE: $1 million
BUYER: Birch Broadcasting Corp. (Thomas C. Birch, president/CEO); owns three other stations, none in this market
SELLER: JLC Properties Inc. (John Cole, president/owner)
FACILITIES: 95.3 MHz, 6 kW, ant. 246 ft.
FORMAT: Modern AC
COMMENT: Birch Broadcasting's Lakes Media Holding begins operating the station via a Time Brokerage Agreement immediately.
AMs
WKMT(AM) Kings Mountain, N.C.
PRICE: $950,000
BUYER: CRN Communications LLC (Daniel J Fontana, member/manager); owns no other stations
SELLER: Geddings & Phillips Broadcasting Corp. (Kevin L. Geddings, president)
FACILITIES: 1220 kHz, 10 kW day/106 W night
FORMAT: Country/Gospel
BROKER: Josh Wilkey of WilkeySouth Media Brokers and Terry Greenwood of TAG Media Consulting
KBID(AM) Bakersfield, Calif.
PRICE: $925,000
BUYER: Gore-Overgaard Broadcasting Inc. (Harold W. Gore, chairman/CEO/treasurer); owns three other stations, none in this market
SELLER: American General Media (L. Rogers Brandon, VP)
FACILITIES: 1350 kHz, 1 kW day/33 W night
FORMAT: Oldies
BROKER: John Pierce of John Pierce and Co. LLC
WLYV(AM) Fort Wayne, Ind.
PRICE: $700,000
BUYER: Fort Wayne Catholic Radio Group Inc. (Christopher Langford, president/director); owns no other stations
SELLER: Christian Broadcasting System Ltd (Jonathon R. Yinger, president/director)
FACILITIES: 1450 kHz, 1 kW
FORMAT: Gospel/Talk
BROKER: John Pierce of John Pierce and Co. LLC
COMMENT: Purchase price includes $15,000 donation.
INFORMATION PROVIDED BY: BIA Financial Networkss Media Access Pro. Chantilly, Va., www.bla.com
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