Free Newsletter Subscription
        BNC All Access

Changing Hands

Staff -- Broadcasting & Cable, 1/7/2001 7:00:00 PM

TV

WHCT-TV (to be WUVN) Hartford, Conn.

Price: $18 million

Buyer: Entravision Communications Corp., Santa Monica, Calif. (Walter A. Ulloa, chairman/10.6% owner; Philip C. Wilkinson, president/10.6% owner; Univision Communications Inc., 26.25% owner); owns/is buying 18 other TVs and 58 radios

Seller: Astroline Communications Co. LP/Two if by Sea Broadcating Corp., Boston (Fred J. Boling, general partner); no other broadcast interests

Facilities: Ch. 18, 3,272 kW visual, 327.2 kW aural, ant. ant. 980 ft.

Affiliation: Valuevision (to be Univision on March 1)KXGR-TV-DT Green Valley/Tucson, Ariz.

Price: $15 million cash (includes $1 million to Paxson Communications Corp.)

Buyer: Donald E. Ledwig Jr., Miami. Note: Paxson announced plans to buy KXGR in September 1997. Also, Ledwig has served as president of Corporation for Public Broadcasting

Seller: Sungilt Corp. Inc., Tucson (Arlene Stevens, president); no other broadcast interests

Facilities: Ch. 46, 1,860 kW visual, ant. 177 ft.

Affiliation: PaxTV Broker: Kalil & Co. Inc. (seller)

Combos

KTUC(AM), KCUB(AM)-KIIM-FM and KHYT(FM) Tucson and KOAZ(FM) Oro Valley/Tucson, Ariz.Price: $63 million ($61 million cash; $2 million for stock)

Buyer: Citadel Communications Corp., Las Vegas (Lawrence R. Wilson, chairman); owns/is buying 64 other AMs and 140 other FMs; is selling KYEA(FM) Columbia/Monroe, KMYY(FM) Monroe, KTJC(FM) Rayville/ Monroe and KZRZ(FM) West Monroe/ Monroe, La. (see second FM item, below)

Sellers: Slone Broadcasting Inc./Slone Radio LLC, Tucson (Jim Slone, owner); no other broadcast interests. Note: Slone acquired KTUC and KOAZ in January 1998 for $6.5 million

Facilities: KTUC : 1400 kHz, 1 kW day; KCUB : 1290 kHz, 1 kW day; KIIM-FM : 99.5 MHz, 90 kW, ant. 2,038 ft.; KHYT : 107.5 MHz, 82 kW, ant. 2,034 ft.; KOAZ : 97.5 MHz, 6 kW, ant. 151 ft.

Formats: KTUC : news/talk; KCUB : real country; KIIM-FM : hot country; KHYT : contemporary hits; KOAZ : CHR

Broker: Kalil & Co. Inc.

KICN(AM), KFTZ(FM) and KOSZ-FM Idaho Falls and KECN(AM), KCVI(FM) and KLCE(FM) Blackfoot, Idaho, KREC(FM) Brian Head/St. George, Utah, and LMA for KONY- FM Kanab/St. George, Utah

Price: $14.5 million ($1.5 million for KREC; $13 million for remaining stations)

Buyer: Simmons Media Group, Salt Lake City (Craig Hanson, president); owns five other FMs and one AM

Seller: Marathon Media LLC, Chicago (Christopher F. Divine, president/director; Bruce Buzil, manager/director); owns 24 other AMs and 44 other FMs, including KONY(AM) Washington/St. George

Facilities: KICN: 1260 kHz, 5 kW day, 64 Wnight ; KFTZ: 103.3 MHZ, 100 k W, ant . 659 ft .; KOSZ-FM: 105.5 MHZ, 100 k W, ant . 659 ft .; KECN: 690 kHz , 1 kW day , 43 W night ; KCVI: 101.5 MHz, 100 kW, ant. 1,512 ft.; KLCE: 97.3 MHz, 100 kW, ant. 1,512 ft.; KREC: 98.1 MHz, 56 kW, ant. 2,526 ft.; KONY-FM: 101.1 MHz, 99 kW, ant. 786 ft.

Formats: KICN : talk; KFTZ : CHR; KOSZ-FM : soft AC; KECN : talk; KCVI : active rock; KLCE : AC; KREC : soft AC; KONY-FM : country

Broker: Media Services Group Inc.

WKCY-AM-FM Harrisonburg and WACL(AM) Elkton/Harrisonburg, Va.Price: $7.2 million

Buyer: Clear Channel Communications Inc., San Antonio (L. Lowry Mays, chairman; Randy Michaels, chairman, Clear Channel Radio); owns 18 TVs and about 1,120 radios

Seller: Mid-Atlantic Network Inc., Winchester, Va. (John P. Lewis, president); owns two AMs and four FMs, all Va.

Facilities: WKCY(AM ): 1300 kHz, 5 kW day; WKCY-FM : 104.3 MHz, 50 kW, ant. 409 ft.; WACL : 98.5 MHz, 900 W, ant. 1,607 ft.

Formats: WKCY(AM ): MOR; WKCY-FM : country; WACL : oldies Broker: Jorgenson Broadcast Brokerage

WKKD-AM-FM Aurora/Chicago, Ill.Price: $3.4 million

Buyer: NextMedia Group LLC, Englewood, Colo. (Carl E. Hirsch, chairman/5.8% owner; Steven Dinetz, president/5.8% owner; Samuel "Skip" Weller, president/co-COO, Radio Divison; Jeffrey Dinetz, executive vice president/co-COO, Radio Division); owns/is buying/manages 40 other FMs and 14 other AMs, including the following Chicago-area stations: WAIT(AM) Crystal Lake, WZSR(FM) Woodstock/Crystal Lake, WJOL(AM)-WLLI-FM and WJTW(FM) Joliet, WKRS(AM)-WXLC(FM) Waukegan and WBVS(FM ) Coal City/Wilmington, all Ill., and WLIP(AM)-WIIL(FM ) Kenosha and WEXT(FM) Sturtevant/Racine, Wis. Note: Under FCC rules, NextMedia will have to divest three FMs and two AMs in Chicago

Seller: Radioworks Inc., Rockford, Ill. (Bob Rhea, president); WNTA(AM ) Rockford and WRWC(FM ) Rockton/Rockford, Ill.

Facilities: AM:1580 kHz, 250 W day, 200 W night; FM: 95.9 MHz, 3 kW, ant. 338 ft.

Formats: AM: CNN, news, sports ; FM: good time rock 'n' roll

Broker: York Street Partners (seller)

WYSN(AM) Somerset and WSRA(FM) Central City/Somerset, Pa.Price: $1.8 million

Buyer: Dame Broadcasting LLC, Mechanicsburg, Pa. (J. Albert Dame, president); owns three other AMs and six other FMs, all Pa.

Seller: NorLin Broadcasters Inc., Somerset (Ronald W. Lorence, president); no other broadcast interests

Facilities: AM: 1330 kHz, 5 kW day, 35 W night ; FM: 101.7 MHz, 725 w, ant. 643 ft.

Formats: AM: nostalgia ; FM: AC

FMs

KMYY(FM) Monroe, KYEA(FM) (Formerly KCTO) Columbia/Monroe, KTJC(FM) Rayville/Monroe and KZRZ(FM) West Monroe/Monroe, La.

Price: $4 million

Buyer: Monroe Radio Partners Inc.,Providence, R.I. (Michael Schwartz, principal); owns one AM and 4 other FMs in Indiana

Seller: Citadel Communications (see first Combo item, above)

Facilities: KMYY : 106.1 MHz, 97 kW, ant. 1,107 ft.; KYEA : 103.1 MHz, 25 kW, ant 495 ft.; KTJC : 92.3 MHz, 26 kW, ant. 492 ft.; KZRZ : 98.3 MHz, 50 kW, ant. 492 ft.

Formats: KMYY : country; KYEA : urban AC; KTJC : oldies; KZRZ : AC

Broker: Bergner & Co.

Construction permit for KBLK(FM) (formerly KBAD) Llano/Austin, Texas

Price: $2.5 million cash

Buyer: Rawhide Radio LLC, Houston (Rob Dean, president [Sonoma Media Corp., 51% member; Hispanic Broadcasting Corp., 24.5% member]); owns KVCQ(FM ) McQueeney/Victoria, Texas. Sonoma principals also have interest in seven other FMs and two AMs, all Texas

Seller: Munbilla Broadcasting Corp., Dallas (B. Shane Fox, principal); owns KBLK(FM) Burnet/Austin, Texas

Facilities: 104.7 MHz, 11 kW, ant. 459 ft.

Format: Country

WRKG(FM) Newberry/Gainesville, Fla.

Price: $2 million

Buyer: Pamal Broadcasting Ltd., Latham, N.Y. (James J. Morrell, chairman/owner); owns/is buying 12 other FMs and six AMs, including WRGO(FM) Cedar Key/Gainesville, WDFL(AM)-WKZY(FM) Cross City/Gainesville and WRZN(AM) Hernando/Ocala, Fla., and WEBK(FM) Killington/Rutland, Vt. (see next item)

Seller: Asterisk Communications Inc., Fort Lauderdale, Fla. (Fred Ingham, principal); owns WXJZ(FM ) and WYGC(FM) Gainesville, WBXY(FM) La Crosse/Gainesville, WMFQ(FM) Ocala and WTRS-FM Dunnellon/ Ocala, Fla. Note: Asterisk acquired WRKG for $2.01 million in May 1992

Facilities: 100.5 MHz, 11 kW, ant. 492 ft.

Format: Rock

Broker: Stan Raymond & Associates (seller)

WEBK(FM) Killington/Rutland, Vt.

Price: $1.65 million

Buyer: Pamal Broadcasting (see preceding item); owns WJEN(FM ) and WJJR(FM) Rutland and WJAN(FM ) Sunderland, Vt.

Seller: Killington Broadcasting Ltd., Killington (Dan Ewald and Walter Sczudlo, principals); no other broadcast interests

Facilities: 105.3 MHz, 1.25 kW, ant. 2,240 ft.

Format: Adult alternative

Broker: Frank Boyle Co. LLC

KWQH(FM) San Luis Obispo, Calif.

Price: $1.5 million (includes five-year noncompete and two-year engineering consulting agreements at $250,000 each)

Buyer: GTM San Luis Obispo LLC, Cockeysville, Md. (Edward B. Hutton Jr. and Georgie S. Hutton, co-members). Huttons also are members of GT Media LLC, which owns KEFE(FM ) Los Alamos, N.M.

Note: GTM may not offer a Christian format over KWQH for at least five years

Seller: Radio Representatives Inc., Los Osos, Calif. (Norwood J. Patterson, president); owns KGDP(AM ) Orcutt/San Luis Obispo, Calif.

Facilities: 97.1 MHz, 2.5 kW, ant. 1,020 ft.

Format: Contemporary Christian

KIMX(FM) Laramie/Cheyenne, Wyo.

Price: $925,000 cash

Buyer: Laramie Mountain Broadcasting LLC, Cheyenne, Wyo. (Victor A. Michael Jr., 100% member); owns KLDI(AM)-KRQU(FM) Laramie/Cheyenne. Michael also owns KMLD(FM), KTRS-FM and KWYY(FM ) Casper and KRRR(FM ) Cheyenne, Wyo.; is general partner in company building three other FMs and applying to build two other FMs

Seller: Montgomery Broadcasting LLC, Cheyenne (David Montgomery, managing member); owns KFBC(AM) Cheyenne

Facilities: 105.5 MHz, 2.2 kW, ant. 1,027 ft.

Format: AC

Broker: McCoy Broadcast Brokerage Inc. (seller)

KQXR(FM) Midland/Odessa, Texas

Price: $800,000

Buyer: Tommy R. Vascocu, Midland; no other broadcast interests

Seller: Cardwell Broadcasting Corp., Midland (David Cardwell, principal); no other broadcast interests

Facilities: 95.1 MHz, 10.35 kW, ant. 505 ft.

Format: Alternative rock

KWHO(FM) Weed, Calif.

Price: $737,500

Buyer: Four Rivers Broadcasting Inc., Carefree, Ariz. (John C. Power, president); owns two AMs and two other FMs. Power has interest in three more FMs

Seller: Tom F. Huth, Mount Shasta, Calif.; owns three California AMs

Facilities: 102.3 MHz, 5.5 kW, ant. 1,437 ft.

Format: AC

Broker: Gary Katz (seller)

WTRB-FM Ripley, Tenn.

Price: $450,000

Buyer: Educational Media Foundation, Sacramento, Calif. (Richard Jenkins, president); owns/is buying 25 FMs and two AMs (11 of them in California)

Seller: Williams Communications Inc., Leesburg, Ala. (Walton E. Williams Jr., principal); owns two AMs and two FMs including WRTB(AM ) Ripley. Williams also has interest in WNCF(TV ) Montogomery, Ala.

Facilities: 94.9 MHz, 6 kW, ant. 328 ft.

Format: Hits of the'60s,'70s,'80s and'90s Construction permit for KAUB(FM) Reedsport, Ore.Price: $32,500

Buyer: Lane Community College, Eugene, Ore. (Larry A. Romine, board member); owns three other Oregon FMs

Seller: American Family Association Inc., Tupelo, Miss. (Donald E. Wildmon, president); owns/is buying at least 105 FMs and permits to build other FMs

Facilities: 89.1 MHz, 1 kW, ant. 400 ft.

Format: Christian KSDA-FM Agat, Guam

Price: $0 (charitable contribution)

Beneficiary: Good News Broadcasting Corp., Agana Heights, Guam (Robert J. Gibbons, president/11.1% owner); owns KVOI(AM) Tucson, Ariz.

Donor: Adventist Broadcasting Service Inc., Silver Spring, Md. (Wilbur Claus, chairman); no other broadcast interests

Facilities: 91.9 MHz, 3.8 kW, ant. 1,000 ft.

Format : Inspirational, Christian

AMs

WFIA Louisville, Ky.

Price: $1.75 million

Buyer: Salem Communications Corp., Camarillo, Calif. (Stuart W. Epperson, chairman; Edward G. Atsinger III, president/43.4% owner);owns/is buying 73 other radio stations, including WGTK(AM) Louisville. Epperson is president of Truth Broadcasting Corp., which is sellingWLKY(AM) Louisville to Salem

Seller: Blue Chip Broadcasting Licenses II Ltd., Cincinnati (L. Ross Love, president); owns three AMs and 16 FMs, including WDJX(FM ) and WULV(FM ) Louisville

Facilities: 900 kHz, 1 kW

Format: Christian teaching

WFKN Franklin (near Bowling Green), Ky.

Price: $500,000

Buyer: Paxton Media Group Inc., Paducah, Ky. (David M. Paxton, president); owns WPSD-TV Paducah/Cape Girardeau, Mo.

Seller: Belo Corp., Dallas (Robert W. Decherd, president); owns/manages 21 TVs including WHAS-TV Louisville

Facilities: 1220 kHz, 250 W day, 90 W night

Format: Country Broker: Dirks, Van Essen & Murray (seller)

WMAX Saginaw, Mich.Price: $485,000 (includes three-year noncompete agreement)

Buyer: 990 Investors LLC, Ann Arbor, Mich. (Thomas S. Monaghan, 100% managing member); owns WDEO(AM) (formerly WWCM ) Ann Arbor. Monaghan has 21.8% interest in Catholic Radio Network LLC, which is selling its eight AMs, and 27% in 1090 Investments LLC, which owns WCAR(AM) Detroit and WOAP(AM ) Owoso/ Flint, Mich.

Seller: Saginaw Bay Broadcasting Corp., Grosse Pointe, Mich. (Joseph M. Mengden, principal); no other broadcast interests

Facilities : 1440 kHz, 5 kW day, 2.5 kW night

Format: Sports

WEAM Columbus, Ga.

Price: $400,000

Buyer: Davis Broadcasting Inc., Columbus (Gregory A. Davis, president/owner); owns WOKS(AM)-WFXE(FM) Columbus and WKZJ(FM ) Greenville, Ga.

Seller: George H. Buck Jr., Atlanta; owns two FMs and seven other AMs; owns 60% of WTIX-FM Galliano, La.; has interest in WQIS(AM) Camden, S.C.; is president of one more FM and four more AMs

Facilities: 1580 kHz, 2.3 kW day, 1 kW night

Format: Gospel

Broker: Satterfield & Perry Inc. (seller)

WEIO Eau Claire, Wis.

Price: $200,000

Buyer: Totus Tuus Communications Inc., Wisconsin Rapids, Wis. (Stephen Gajdosik, president); no other broadcast interests

Seller: Alpenglow Communications Inc., Eau Claire (David Barret, president); owns WISM(FM ) Altoona, Wis.

Facilities: 1050 kHz, 1 kW day, 500 W night

Format: Music of your life

KCTX Childress, TexasPrice: $28,800 (assumption and forgiveness of debt)

Buyer: Kenneth Paul Harris Sr., Childress; owns KSRW(FM) Childress

Seller: Kevin Hackler, Childress; no other broadcast interests

Facilities: 1510 kHz, 250 W day

Format: Oldies

50% of WNCA Siler City, N.C.

Price: $25,000 (for stock)

Buyers: Spouses Barry and Dacia H. Hayes, each 20% owner; Renee R. Kennedy, 10% owner, all Siler City. Upon completion of deal, Barry Hayes will own 70% of WNCA

Seller: Raymond Pearlstine, Haverford, Pa.; no other broadcast interests

Facilities: 1570 kHz, 1 kW day, 290 W night

Format: AC

WKMG Newberry, S.C.

Price: $10,000

Buyer: Cornell Blakely, Kinard, S.C.; no other broadcast interests

Seller: Durst Broadcasting Co. Inc., Leesville, S.C. (William K. Durst, president); no other broadcast interests

Facilities: 1520 kHz, 1 kW day

Format: Urban oldies KBRV Soda Springs, Idaho

Price: $5,000

Buyer: Caribou Broadcasters Inc., Pocatello, Idaho (Thomas W. and Joyce M. Mathis, co-owners/spouses/parents of seller); no other broadcast interests

Seller: Douglas R. Mathis, Soda Springs; owns KFIS(FM ) Soda Springs

Facilities: 790 kHz, 5 kW day

Format: Country

Amplification

American Media Services brokered the $3.5 million sale of the construction permit for KBIL(FM ) Grand Isle, La., to JP Broadcasting LLC (Changing Hands, Jan. 1).

-Compiled by Alisa Holmes and Elizabeth A. Rathbun

Talkback
Related Content

No related content found.

Also by Staff Staff

Most Popular Pages
    No Top Articles
Newbay Business Information Resource Center

Featured Company


Most Recent Resources

Advertisement
More Content
  • Blogs
  • Photos
  • Podcasts

Sorry, no blogs are active for this topic.

Free Streaming panel_Grossman_Graboff_Rosenblum_Tellem_Wells_vertical

Free Streaming: Killing or Saving the Television Business

Photos from the B&C/Multichannel News panel discussion and networking breakfast held Nov. 17, 2009, at the Academy Television Arts & Sciences. (Photos by credit: Craig T. Mathew/Mathew Imaging)



Advertisement
About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   Affiliate Links   |   RSS
© 2013 NewBay Media, LLC. 28 East 28th Street, 12th floor, New York, NY 10016 T (212) 378-0400 F (212) 378-0470
Use of this website is subject to its Terms of Use | Privacy Policy