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
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