Deals
By BIA Financial Networks -- Broadcasting & Cable, 4/6/2009 2:00:00 AM
TV
KTNC-TV/Concord, KUNO-TV/Fort Bragg, KMPH-CA/Merced, KFRE-TV/Sanger, KDSL-CA/Ukiah and KMPH-TV/Visalia, Calif.; KPTH/Sioux City, Iowa; KPTP-LP/Norfolk, KPTM (TV) & KKAZ-CA/Omaha, Neb.; KKNJ-LP/Alamogordo, KCWF-CA/Las Cruces and KCWO-CA/Silver City, N.M.; WCWG (TV)/Lexington, N.C.; KAZH (TV)/Baytown and KDBC-TV/El Paso, Texas; KCWK (TV)/Walla Walla and KCWK-LP/Yakima, Wash.
PRICE: $260 million
BUYER: TTBG LLC(David Roberts, VP)
SELLER: New World TV Group (Bert Ellis, member)
FACILITIES: KTNC-TV: Ch. 42, 1290 kW, ant. 2,809 ft.; KUNO-TV: DTV Ch. 8, 26 kW, ant. 2,441ft.; KMPH-CA: Ch. 17, 0.5 kW, ant. 2,191 ft.; KFRE-TV: Ch. 59, 4287 kW, ant. 2,103 ft.; KDSL-CA: Ch. 19, 12.7 kW, ant. 576 ft.; KMPH-TV: Ch. 26, 3240 kW, ant. 2,599 ft.; KPTH: DTV Ch. 49, 1000 kW, ant. 1,926 ft.; KPTP-LP: Ch. 57, 6.6 kW, ant. 505 ft.; KPTM (TV): Ch. 42, 4800 kW, ant. 1,558 ft.; KKAZ-CA: Ch. 24, 12.30 kW, ant. 115 ft.; KKNJ-LP: Ch. 36, 1.6 kW; KCWF-CA: Ch. 20, 0.99 kW; KCWO-CA: Ch. 2, 0.104 kW, ant. 991 ft.; WCWG (TV): Ch. 20, 5000 kW, ant. 1,814 ft.; KAZH (TV): Ch. 57, 5000 kW, ant. 1,959 ft.; KDBC-TV: Ch. 4, 100 kW, ant. 1,558 ft.; KCWK (TV): DTV Ch. 9, 45 kW, ant. 1,335 ft.; KCWK-LP: Ch. 27, 44 kW, ant. 797 ft.
AFFILIATION: KTNC-TV: TuV; KUNO-TV: TuV; KMPH-CA: Dark; KFRE-TV: CW; KDSL-CA: Dark; KMPH-TV: Fox; KPTH: Fox; KPTP-LP: Fox; KPTM (TV): Fox; KKAZ-CA: My; KKNJ-LP: CBS; KCWF-CA: CBS; KCWO-CA: CBS; WCWG (TV): CW; KAZH (TV): TuV; KDBC-TV: CBS; KCWK (TV): Dark; KCWK-LP: CW
COMMENT: New World TV Group is assigning to TTBG LLC its rights to acquire the licenses of Pappas Telecasting's stations per a bankruptcy court order sale.
KNVA (TV)/Austin, Texas
PRICE: $6 million
BUYER: Vaughan Media (Thomas Vaughan, sole officer/director)
SELLER: 54 Broadcasting (Mark Goldberg, secretary)
FACILITIES: Ch. 54, 5000 kW, ant 1,227 ft.
AFFILIATION: CW/My
COMMENT: LIN Television acquired, then assigned to Vaughan Media an option to purchase 95.51% of the common stock of 54 Broadcasting held by LS Communications Ltd. (67.42%), Goldberg-Hirsch Ventures LP (16.85%) and Ronnel Oliviera (11.24%). LIN will continue to provide services to the station via an LMA following the closing of the sale.
K22IT/Provo, K59GS/Salt Lake City and K49GD/Spanish Fork, Utah
PRICE: $300,000
BUYER: Exitos Hispanic Broadcasting (Victor Galindo, president)
SELLER: Alpha & Omega Communications LLC (Pat Openshaw, manager/member)
FACILITIES: K22IT: Ch. 22, 11.350 kW, ant. 9,456 ft.; K59GS: Ch. 59, 5.3 kW; K49GD: Ch. 49, 7 kW, ant. 9,456 ft.
AFFILIATION: K49GD: TBN
COMMENT: $70K down payment, plus $30K cash at closing plus $200K promissory note.
W36CO/St. Petersburg, Fla.
PRICE: $225,000
BUYER: Local HDTV (John Salov, president)
SELLER: Trinity Broadcasting Network (Paul Crouch, president)
FACILITIES: Ch. 36,3.8 kW
AFFILIATION: TBN
BROKER: Kalil & Co., Inc.
COMMENT: $22.5Kescrow deposit.
RADIO
KTXX-FM/Karnes City, Texas
PRICE: $1.58 million
TERMS: Forgiveness of loan
BUYER: Border Media Partners LLC (Jeffrey Hinson, president/CEO); owns 27 other stations, none in this market
SELLER: Palm Broadcasting (Robert Walker, president)
FACILITIES: 103.1 MHz, 49 kW, ant. 492 ft.
FORMAT: Spanish/Oldies
WAZX-AM/Smyrna(Atlanta), Ga.
PRICE: $1.5 million
TERMS: Asset sale for cash
BUYER: DTS Broadcasting LLC (Tok Cha Stewart, member); owns no other stations
SELLER: Javier Macias
FACILITIES: 1550 kHz, 50 kW day/16 W night
FORMAT: Dark
COMMENT: Payable in cash at closing; $45K escrow deposit.
Information provided by: BIA Financial Networks' Media Access Pro Chantilly, Va. www.bia.com 703-818-2425
