Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 4/20/2003 8:00:00 PM
TVs
WBIF-TV Marianna, Fla.
PRICE: Swap plus $56,121
BUYER: Tiger Eye Broadcasting Corp. (John N. Kyle, president/ CEO)
SELLER: Equity Broadcasting Corp. (Steven Soldinger, COO)
FACILITIES: Ch.51, 1,970 kW, ant. 833 ft.
AFFILIATION: Pax
COMMENT: Marianna Broadcasting is exchanging WBIF-TV Marianna, Fla., for Tiger Eye's KDEV-LP Aurora, Colo., KELM-LP Reno, Nev., KAMT-LP Amarillo, Texas, and KCHM-CA Oklahoma City. Marianna will not be acquiring the tangible assets of KDEV-LP so Tiger Eye will pay $56,121 to Marianna.
KDEV-LP Aurora, Colo., KELM-LP Reno, Nev., KAMT-LP Amarillo, Texas, and KCHM-CA Oklahoma City
PRICE: Swap
BUYER: Equity Broadcasting Corp. (Steven Soldinger, COO)
SELLER: Tiger Eye Broadcasting Corp. (John N. Kyle, president/CEO)
FACILITIES: KDEV-LP: Ch.16, 39.2 kW, ant. 329 ft; KELM-LP: Ch. 43, 28.4 kW; KAMT-LP: Ch. 47, 50.0 kW, ant. 283 ft.; KCHM-CA: Ch. 36, 50.0 kW, ant. 398 ft.
AFFILIATION: KDEV-LP: Ind.; KELM-LP: Ind.; KAMT-LP: Ind.; KCHM-CA: Ind.
COMMENT: See item above
Combos
WVNN(AM) and WZYP-FM Athens and WUMP(AM) Madison (Huntsville), Ala.; WUSX-FM Tullahoma (Huntsville), Tenn.
PRICE: $22 million
BUYER: Cumulus Broadcasting Inc. (Lewis W. Dickey Jr., president/CEO); No.8 group owns 262 other stations, none in this market
SELLER: Athens Broadcasting Co. (William E. Dunnavant, president)
FACILITIES: WVNN(AM): 770 kHz, 7 kW day/250 W night; WZYP-FM: 104.3 MHz, 100 k W, ant. 1,116 ft.; WUMP(AM): 730 kHz, 1 kW day/129 W night; WUSX-FM: 93.3 MHz, 100 kW, ant. 981 ft.
FORMAT: WVNN(AM): News/ Talk; WZYP-FM: Top 40; WUMP(AM): Sports; WUSX-FM: Country
WFAW(AM) and WSJY-FM Fort Atkinson (Madison) and WKCH-FM Whitewater, Wis.
PRICE: $4.83 million
BUYER: NewRadio Group, (Mary Quass, president/CEO); owns 22 other stations, none in this market
SELLER: Marathon Media Group LLC, (Chris Devine, president)
FACILITIES: WFAW(AM): 940 kHz, 500 W day/550 W night; WSJY-FM: 107.3 MHz, 26 kW, ant. 676 ft.; WKCH-FM: 106.5 MHz, 6 kW, ant. 200 ft.
FORMAT: WFAW(AM): News/ Sports/Talk; WSJY-FM: Lite AC; WKCH-FM: Oldies
WLSI(AM) Pikeville and WZLK-FM Virgie, Ky.
PRICE: $531,273
BUYER: East Kentucky Radio Network Inc. (Walter E. May, director); owns seven other stations, including WPKE(AM) and WDHR-FM Pikeville, Ky.
SELLER: WZLK Inc. (Lonnie Osborne, president)
FACILITIES: WLSI(AM): 900 kHz, 2 kW day/159 W night; WZLK-FM: 107.5 MHz, 1 kW, ant. 722 ft.
FORMAT: WLSI(AM): Country; WZLK-FM: Country
FMs
WWTN-FM Manchester and WSM-FM Nashville, Tenn.
PRICE: $65 million
BUYER: Cumulus Broadcasting Inc. (Lewis W. Dickey Jr., president/CEO); No. 8 group owns 264 other stations, including WNPL-FM, WQQK-FM and WRQQ-FM Nashville.
SELLER: Gaylord Entertainment Co. (Colin Reed, president/CEO)
FACILITIES: WWTN-FM: 99.7 MHz, 100 k W, ant. 1,296 ft.; WSM-FM: 95.5 MHz, 100 kW, ant. 1,280 ft.
FORMAT: WWTN-FM: News/ Talk/Sports; WSM-FM: Country
COMMENT: Cumulus will also operate WSM(AM) under a JSA.
WEMG-FM Egg Harbor City (Philadelphia), N.J.
PRICE: $16 million
BUYER: Nassau Broadcasting Partners LP (Louis Mercatanti, president/chairman); owns 14 other stations, none in this market
SELLER: Mega Communications Inc. (Adam Lindemann, chairman/president/CEO)
FACILITIES: 104.9 MHz, 10 kW, ant. 509 ft.
FORMAT: Spanish
KZSA-FM Placerville (Sacramento), Calif.
PRICE: $7.12 million
BUYER: First Broadcasting Co. LP (Gary M. Lawrence, president/vice chairman); owns five other stations, including KNCO-FM Sacramento
SELLER: Moon Broadcasting Corp. (Abel De Luna, president)
FACILITIES: 92.1 MHz, 2 kW, ant. 417 ft.
FORMAT: Mexican
WRNB-FM West Carrollton (Dayton), Ohio
PRICE: $6.7 million
BUYER: Radio One Inc. (Alfred C. Liggins III, president/CEO); owns 62 other stations, including WING(AM), WDHT-FM, WGTZ-FM and WKSW-FM Dayton.
SELLER: Hawes-Saunders Broadcast Properties Inc, (Ro Nita Hawes-Saunders, president)
FACILITIES: 92.1 MHz, 890 W, ant. 597 ft.
FORMAT: Urban
WXZX-FM Culebra (Puerto Rico), P.R.
PRICE: $2.3 million
BUYER: Aerco Broadcasting Corp. (Angel O. Roman Lopez, president); owns one other station, including WQBS(AM) Puerto Rico.
SELLER: Aureo Matos, et al
FACILITIES: 98.7 MHz, 6 kW, ant. 545 ft.
FORMAT: Spanish/Soft AC
WECB-FM Seymour (Appleton-Oshkosh), Wis.
PRICE: $1.75 million
BUYER: Woodward Communications Inc. (Greg Bell, VP, broadcast); owns five other stations, including WHBY(AM), WSCO(AM) and WAPL-FM Appleton-Oshkosh.
SELLER: Brooker Broadcasting (Earl Brooker, partner)
FACILITIES: 104.3 MHz, 3 kW, ant. 341 ft.
FORMAT: '70s Oldies
WAPN-FM Holly Hill (Daytona Beach), Fla.
PRICE: $1.5 million
BUYER: Public Radio Capital Inc (Mark O. Hand, managing director); no other broadcast interests
SELLER: Public Radio Inc (Gordon Lund, president)
FACILITIES: 91.5 MHz, 2 kW, ant. 285 ft.
FORMAT: Gospel
KPCH-FM Dubach (Monroe), La.
PRICE: $1.5 million
BUYER: Communications Capital Managers LLC (Michael Oesterle, manager); owns eight other stations, including KRUS(AM), KNBB-FM and KXKZ-FM Monroe.
SELLER: William W. Brown
FACILITIES: 97.7 MHz, 60 kW, ant. 509 ft.
FORMAT: Oldies
AMs
WGCH(AM) Greenwich (Stamford-Norwalk), Conn.
PRICE: $1.1 million
BUYER: BusinessTalkRadio.net Inc. (Michael L Metter, president/CEO); no other broadcast interests
SELLER: Greenwich Broadcasting (John T. Becker, co-owner)
FACILITIES: 1490 kHz, 1 kW
FORMAT: Talk
WKRE(AM) Monroe (Charlotte-Gastonia-Rock Hill), N.C.
PRICE: $425,000
BUYER: Geddings and Phillips Broadcasting Corp. (Kristine Phillips-Geddings, secretary/ director); no other broadcast interests
SELLER: Helms Communications Corp. (W. Frank Helms, owner)
FACILITIES: 1060 kHz, 1 kW day
FORMAT: News/Talk/Information
WYNS(AM) Lehighton (Allentown-Bethlehem), Pa.
PRICE: $375,000
BUYER: Nassau Broadcasting Partners LP (Louis Mercatanti Jr., president/chairman); owns 13 other stations, including WEEX(AM), WODE-FM and WWYY-FM Allentown-Bethlehem.
SELLER: US Radio LP (Ragan A. Henry, chairman)
FACILITIES: 1160 kHz, 4 kW day/1 kW night
FORMAT: Oldies
KEOR-AM Atoka, Okla.
PRICE: $350,000
BUYER: NT Radio LLC (Don L. Turner, president); owns one other station, not in this market
SELLER: Keystone Broadcasting Corp. (Robert Sullins, president)
FACILITIES: 1110 kHz, 5 kW day
FORMAT: Gospel
WWWG(AM) Rochester, N.Y.
PRICE: $300,000
BUYER: Holy Family Communications (James N. Wright, president); owns three other stations, including WLOF-FM Rochester
SELLER: American General Media (L. Roger Brandon, VP)
FACILITIES: 1460 kHz, 5 kW
FORMAT: Gospel
KTEL(AM) Walla Walla, Wash.
PRICE: $250,000
BUYER: Dave Capps; owns seven other stations, none in this market
SELLER: Comcast Media Services (Dennis L. Widmer, president)
FACILITIES: 1490 kHz, 1 kW
FORMAT: Country
WQIZ(AM) St. George (Charleston), S.C.
PRICE: $200,000
BUYER: Radio Properties LLC (Eugene J. Zurlo, manager); no other broadcast interests
SELLER: Faith Cathedral Fellowship Inc. (R.G. Stair, president)
FACILITIES: 810 kHz, 5 kW
FORMAT: Gospel
WLGO(AM) Lexington (Columbia), Ga.
PRICE: $200,000
BUYER: Levas Communications LLC (Walter P. Lomax, member); owns one other station, not in this market
SELLER: PowerNomics Telecom Corp. (Brian Anderson, president/director)
FACILITIES: 1170 kHz, 10 kW
FORMAT: Gospel
KNAK(AM) Delta, Utah
PRICE: $187,500
BUYER: Daniel Chapter One (James J. Feijo, overseer); no other broadcast interests
SELLER: Sam Bushman
FACILITIES: 540 kHz, 1 kW day/13 W night
FORMAT: News/Talk/Sports
WMYQ(AM) Newton, Miss.
PRICE: $150,000
BUYER: Pittman Broadcast Services LLC (Marcus Pittman, president); owns four other stations, none in this market
SELLER: Rainey Broadcasting Inc. (Kenneth Rainey, president/director)
FACILITIES: 1100 kHz, 1 kW
FORMAT: Gospel
KQLO(AM) Sun Valley (Reno), Nev.
PRICE: $140,000
BUYER: Universal Broadcasting Inc. (Flordelisa Liriano, president); no other broadcast interests
SELLER: Thomas Aquinas School (Doug Sherman, president)
FACILITIES: 1590 kHz, 5 kW day/67 W night
FORMAT: Spanish AC
COMMENT: Universal Broadcasting agreed to purchase the station under a five-year TBA, which went into effect on March 22, 1999
WPTB(AM) Statesboro, Ga.
PRICE: $135,000
BUYER: Communications Capital Managers LLC (Michael Oesterle, manager); owns eight other stations, including WWNS(AM) and WMCD-FM Statesboro
SELLER: Statesboro Media Inc. (John Wetzel, president)
FACILITIES: 850 kHz, 1 kW
FORMAT: Smooth Jazz
WQSE(AM) White Bluff (Nashville), Tenn.
PRICE: $85,000
BUYER: Canaan Communications (Duane B. Jeffrey, president); owns one other station, not in this market
SELLER: Bernie Bishop Broadcasting (Bernie Bishop, president)
FACILITIES: 1030 kHz, 1 kW day/250 W night
FORMAT: Gospel
COMMENT: Asset purchase was executed Sept. 1, 1994, but was not filed with the FCC until February 2003
KBOK(AM) Malvern, Ark.
PRICE: $62,500
BUYER: Noalmark Broadcasting Corp. (William C. Nolan, president); owns 14 other stations, including KISI-FM Malvern
SELLER: Malvern Entertainment Corp. (Scott A. Gray, president)
FACILITIES: 1310 kHz, 1 kW day
FORMAT: Country/News
WBIC(AM) Royston, Ga.
PRICE: $50,000
BUYER: Peachland Music (Diane E. Hawkins, owner); no other broadcast interests
SELLER: Lighthouse Broadcasting (Paul Hood, president)
FACILITIES: 810 kHz, 230 W
FORMAT: Gospel
Information provided by: BIA Financial Networks' Media Access Pro, Chantilly, Va., www.bia.com
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