Compiled by Elizabeth A. Rathbun -- Broadcasting & Cable, 5/13/2001 8:00:00 PM
WSCP(AM) Sandy Creek-WSCP-FM Pulaski, N.Y.
Buyer: Galaxy Communications LP, Syracuse, N.Y. (Ed Levine and Robert Raide, principals); owns 10 other radios
Seller: Tri-County Broadcasters Inc., Sandy Creek (Kevin Walker, president); no other broadcast interests
Facilities: AM: 1070 kHz, 2.5 kW day; FM: 101.7 MHz, 2.5 kW, ant. 364.1ft.
Format: Both country
Broker: Ray H. Rosenblum
KFXM(FM) Temecula/North San Diego, Calif.
Price: $6.225 million (at auction)
Buyer: Clear Channel Communications Inc., San Antonio (L. Lowry Mays, chairman; Randy Michaels, CEO, Clear Channel Radio); owns/is buying 17 TVs and about 1,146 other radios, including five FMs and three AMs in San Diego
Seller: Newco Temecula LLC, Hemet, Calif. (William B. Hull, president); no other broadcast interests
Facilities: 103.3 MHz, 6 kW, ant. 715 ft.
Format: Country classics
70% of WCUP L'Anse, Mich.
Price: $176,000 (for debt)
Buyer: Keweenaw Bay Indian Community, Baraga, Mich. (Leonard "Bill" Cardinal, chairman/8% owner); already owns 30% of WCUP; will divest 30% of WUPY(FM) Ontonagon to seller
Seller: L'Anse Broadcasting Inc., Ontonagon, Mich. (Robert M. "Skip" and Sandra K. Schulz, owners); owns 70% of WUPY
Facilities: 105.7 MHz, 50 kW, ant. 492 ft.
KEAL(FM) Douglas, Ariz.
Buyer: Cochise Broadcasting LLC, Tucson, Ariz. (Ted Tucker, 50% managing member); no other broadcast interests
Seller: Unicorn Communications Inc., Douglas (R. Lavance Carson, president/majority owner); also selling KAPR(AM) Douglas (see below). Carson also owns two FMs and one AM, Michigan
Facilities: 95.3 MHz, 3 kW, ant. 210 ft
Format: Regional Mexican
KYYT(FM) Goldendale, Wash.
Price: $0 (donation)
Buyer: Haystack Broadcasting Inc., Goldendale (Colin B. Malcom, president/66% owner/seller); no other broadcast interests
Seller: Colin B. Malcom, The Dalles, Ore.; owns 97% of KLCK(AM) Goldendale
Facilities: 102.3 MHz, 1.8 kW, ant. 574 ft.
Construction permit for WYKW(FM) Shelbyville, Tenn.
Buyer: American Family Association Inc., Tupelo, Miss. (Donald E. Wildmon, president); owns/is buying at least 105 FMs and CPs for, Tenn other FMs
Seller: Abundant Life Broadcasting, Jackson. (Tamara Durham, vice president); is buying 10 radio stations
Facilities: Not available
Format: To be Christian
WIRA Fort Pierce, Fla.
Price: $350,000 (includes two-year noncompete agreement)
Buyer: Port St. Lucie Broadcasters Inc., Port St. Lucie, Fla. (Carol Hutchison Wyatt and John Gregory Wyatt, co-owners); owns WPSL(AM) Port St. Lucie/Fort Pierce
Seller: Genesis Communications I Inc., Atlanta (Bruce C. Maduri, president; Starter Enterprises Inc., parent [Maduri, 64.6% owner]); owns five AMs, all Florida. Note: Genesis bought WIRA for $200,000 cash (Changing Hands, May 15, 2000)
Facilities: 1400 kHz, 1 kW
Format: Nostaliga, big band, oldies
KAPR Douglas, Ariz.
Buyer: Good News Radio Broadcasting Inc., Tucson, Ariz. (Douglas E. Martin, president); owns KGMS(AM) and KVOI(AM) Tucson; is buying KJAA(AM) Globe and KNXN(AM) Sierra Vista, Ariz.
Seller: Unicorn Communications (see KEAL[FM] item, above)
Facilities: 930 kHz, 2.5 kW day
Format: Classic hits
WFOG (formerly WRHD) Riverhead, N.Y.
Price: $80,000Buyer: Five Towns College, Dix Hills, N.Y. (David M. Cohen, dean of administration); no other broadcast interests
Seller: IW LLC, Newton, Mass. (Albert J. Kaneb, manager); owns WGSM(AM) Huntington, WRCN-FM Riverhead and WMJC(FM) Smithtown, N.Y.; has TBA with WLVG(FM) Center Moriches, N.Y. Kaneb is chairman of Barnstable Broadcasting Co., which owns/is buying 17 other FMs and five other AMs. Kaneb also owns/has interest in 16 more FMs and eight more AMs
Facilities: 1570 kHz, 1 kW day, 500 W night
Format: Classic hits, rock (duplicates WRCN-FM)
WABL Amite, La.
Buyer: Spotlight Broadcasting LLC, Morgan City, La. (Patrick M. Andras, 100% member); owns KMRC(AM) Morgan City
Seller: Amite Broadcasting Inc., Amite (Henry Harrison, president); no other broadcast interests
Facilities: 1570 kHz, 500 W day
Format: News/talk, C&W
70% of KOFE St. Maries, Idaho
Buyer: Kelley McCormick, San Antonio; already owns 30% of KOFE
Sellers: Fleming Trust (40% member) and Bobby G. Meadows (trustee/30% member), San Antonio; no other broadcast interests
Facilities: 1240 kHz, 1 kW day, 500 W night
By dollar volume and number of sales; does not include mergers or acquisitions involving substantial non-station assets
TV/Radio - $0 - 0
TVs - $0 - 0
Combos - $400,000 - 1
FMs - $6,538,000 - 5
AMs - $688,500 - 5
Total - $7,626,500 - 11
SO FAR IN 2001
TV/Radio - $200,000,000 - 1
TVs - $418,540,000 - 15
Combos - $2,438,767,820 - 40
FMs - $144,885,900 - 82
AMs - $77,553,311 - 60
Total - $3,279,747,031 - 198
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