Deals
By Staff -- Broadcasting & Cable, 4/1/2007 8:00:00 PM
TVs
WLNE(TV) New Bedford, Mass.
PRICE: $14 million
BUYER:Global Broadcasting LLC (Kevin O'Brien, co-owner)
SELLER: Freedom Broadcasting Inc. (Doreen Wade, president)
FACILITIES: Ch. 6, 100.0 kW, ant.929 ft.
AFFILIATION: ABC
BROKER: Kalil and Co.
KXOK(LP) Enid, Okla.
PRICE: $75,000
BUYER: ME3 Communications LLC (Jack Mills, managing member)
SELLER: Rex Faulkner Estate (Dixie Meyer, executrix)
FACILITIES: Ch. 32, 12.500 kW, ant. 284 ft.
K47IU Cheyenne, Wyo.
PRICE: $10,000
BUYER: Spirit of the Lord Ministries (Andrew Baktamarian, president)
SELLER: Sunbelt Communications Co. (James Rogers, chairman/CEO)
FACILITIES: Ch. 47, 1.260 kW, ant. 192 ft.
W40BX Meridian, Miss.
PRICE: $9,000
BUYER: Norma Jean Lewis, assignee
SELLER: Peter Rogers
FACILITIES: Ch. 40, .700 kW, ant. 615 ft.
Combos
KSPN(FM) Aspen, KNFO(FM) Basalt, KSMT(FM) Breckenridge, KTUN(FM) Eagle, KKCH(FM) Glenwood Springs, KIDN(FM) and KTRJ(FM) Hayden, KFMU(FM) Oak Creek, Colo.
PRICE: $3.6 million
BUYER: NRC Broadcasting Mountain Group LLC (Timothy Brown, member); owns no other stations
SELLER:NRC Broadcasting Inc. (Timothy Brown chairman/CEO)
FACILITIES:KSPN(FM): 103.1 MHz, 3 kW, ant. -85 ft.; KNFO(FM): 106.1 MHz, 2 kW, ant. 364 ft.; KSMT(FM): 102.3 MHz, 6 kW, ant. -210 ft.; KTUN(FM): 101.7 MHz, 12 kW, ant. 2188 ft.; KKCH(FM): 92.7 MHz, 56 kW, ant. 2503 ft; KIDN(FM): 95.9 MHz, 29 kW, ant. 650 ft.; KTRJ(FM): 107.3 MHz, 29 kW, ant. 650 ft.; KFMU(FM): 104.1 MHz, 1 kW, ant. 1073 ft.
FORMAT:KSPN(FM): AAA; KNFO(FM): News/Talk/Sports; KSMT(FM): Modern Rock; KTUN(FM): Classic Rock; KKCH(FM): Jack; KIDN(FM): Alternative; KTRJ(FM): Talk; KFMU(FM): AAA
COMMENT:NRC Broadcasting assigns the licenses of eight full-power stations (and related translator and booster stations) to newly created NRC Broadcasting Mountain Group LLC, an affiliate owned by members Timothy Brown and David Rogers, each holding an attributable interest in NRC Broadcasting. The assignment constitutes a partial reorganization of NRC Broadcasting Inc.
KDIO(AM) and KPHR(FM) Ortonville, Minn.; KMSD(AM) Milbank and KBWS(FM) Sisseton, S.D.
PRICE: $2.9 million
BUYER: Armada Media Corp. (Chris Bernier, CEO); owns 20 other stations, none in this market
SELLER: Robert E. Ingstad (Robert Ingstad, president/director)
FACILITIES: KDIO(AM): 1350 kHz, 670 W day/38 W night; KPHR(FM): 106.3 MHz, 100 kW, ant. 955 ft.; KMSD(AM): 1510 kHz, 5 kW day/14 W night; KBWS(FM): 102.9 MHz, 100 kW, ant. 459 ft.
FORMAT: KDIO(AM): Country; KPHR(FM): Classic Rock; KMSD(AM): Oldies; KBWS(FM): Country
BROKER: Tom McKinley and Jody McCoy of Media Services Group
FMs
KXBT(FM) Taylor (Austin), Texas
PRICE: $20 million
BUYER: Univision (Ray Rodriguez, president/COO); owns 74 other stations, including KINV(FM) Austin
SELLER: Entercom (David Field, president/CEO)
FACILITIES: 104.3 MHz, 48kW, ant. 492 ft.
FORMAT: CHR/Rhythmic
BROKER:Media Venture Partners
COMMENT:Entercom is selling KXBT(FM), one of four Austin radio stations in the CBS Radio Stations Inc. deal filed in August, and will enter into a TBA. Univision commenced operation of KXBT on Feb. 26.
WSCP(FM) Pulaski (Syracuse), WBOE(FM) Ravena, WOOB(FM) Scotia (Albany-Schenectady-Troy), N.Y.
PRICE: $3.65 million
BUYER: Educational Media Foundation (Richard Jenkins, president); owns 187 other stations, none in this market
SELLER: Galaxy Communications (Ed Levine, president)
FACILITIES: WSCP(FM): 101.7 MHz, 5 kW, ant. 358 ft.; WBOE(FM): 94.5 MHz, 6 kW, ant. 328 ft.; WOOB(FM): 93.7 MHz, 1 kW, ant. 705 ft.
FORMAT: WSCP(FM): Christian Contemporary; WBOE(FM): Rock; WOOB(FM): Rock
BROKER: Bill Schutz of John Pierce and Co. LLC
AMs
KFCD(AM) FARMERSVILLE AND KHSE(AM) WYLIE (DALLAS- FT. WORTH), TEXAS
PRICE: $9 million
BUYER: Principle Broadcasting Network LLC (Charles Banta, president); owns two other stations, neither in this market
SELLER: D.B. Zwirn and Co. LP (Daniel Zwirn, managing partner)
FACILITIES: KFCD(AM): 990 kHz, 7 kW day/920 W night; KHSE(AM): 700 kHz, 2 kW day/920 W night
FORMAT: KFCD(AM): Talk; KHSE(AM): Ethnic
Information provided by: BIA Financial Networks' Media Access Pro Chantilly, Va. www.bia.com 703-818-2425
| Station Sales Scorecard | ||||
|---|---|---|---|---|
| Number | Value (000) | Number | Value (000) | |
| 2007 YTD* | 2006 | |||
| Source: BIA Financial Networks *As of 3/27/07 |
||||
| Television | 28 | $861,050 | 182 | $18,142,686 |
| Radio | 246 | $301,599 | 2,129 | $22,870,412 |
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