Deals
By BIA Financial Networks -- Broadcasting & Cable, 5/8/2005 8:00:00 PM
TVs
K58HQ St George, Utah
PRICE: $4,000
BUYER: Brady Broadcasting (William G.
Brady, owner)
SELLER: ESI Broadcasting Corp. (Mike
Stocklin, president/director)
FACILITIES: Ch. 58, 8 kW, ant. 2,056
ft.
Combos
WMTN(AM) and WMXK(FM) Morristown,
Tenn.
PRICE: $1.1 million
BUYER: East Tennessee Radio Group LP
(Paul G Fink, president/GP); owns three other stations, none in this market
SELLER: Horne Radio LLC (Nick W.
Drewry, chief manager)
FACILITIES: WMTN(AM): 1300 kHz, 5 kW
day/96 W night; WMXK(FM): 94.1 MHz, 920 W, ant. 771 ft.
FORMAT: WMTN(AM): Soft AC/Oldies;
WMXK(FM): AC
BROKER: Todd Fowler of American Media
Services LLC
KOZQ(AM) and KFBD(FM) Waynesville,
Mo.
PRICE: $450,000
BUYER: Viper Communications Inc.
(Kenneth W. Kuenzie, president); owns three other stations, none in this
market
SELLER: Fidelity Broadcasting Inc.
(John T. Davis, president/director)
FACILITIES: KOZQ(AM): 1270 kHz, 500
W; KFBD(FM): 97.9 MHz, 10 kW, ant. 515 ft.
FORMAT: KOZQ(AM): Talk; KFBD(FM):
Country
FMs
KBRU(FM) Fort Morgan, Colo.
PRICE: $15.5 million
BUYER: Denver Radio Co. LLC (Luis G.
Nogales, CEO); owns one other station, not in this market
SELLER: Hunt Broadcasting Inc.
(Janice Hunt, president)
FACILITIES: 101.5 MHz, 92 kW, ant.
2,038 ft.
FORMAT: AC
KSIR(FM) Bennett (Denver-Boulder),
Colo.
PRICE: $14 million
BUYER: Denver Radio Co. LLC (Luis G.
Nogales, CEO); owns one other station, not in this market
SELLER: KKDD(FM) Broadcasters (Robert
D. Zellmer, general partner)
FACILITIES: 107.1 MHz, 97 kW, ant.
2,047 ft.
FORMAT: Dark
WHTF(FM) Havana, WEGT(FM) Lafayette, WAIB(FM)
and WUTL(FM) Tallahassee, Fla.
PRICE: $12.5 million
BUYER: Opus Media Partners LLC
(Richard Linhart, chairman); owns seven other stations, none in this market
SELLER: Triad Broadcasting Co. (David
J. Benjamin, president)
FACILITIES: WHTF(FM): 104.9 MHz, 50
kW, ant. 492 ft.; WEGT(FM): 99.9 MHz, 6 kW, ant. 295 ft.; WAIB(FM): 103.1 MHz,
42 kW, ant. 541 ft.; WUTL(FM): 106.1 MHz, 6 kW, ant. 328 ft.
FORMAT: WHTF(FM): CHR; WEGT(FM):
Oldies; WAIB(FM): Country; WUTL(FM): Classic Rock
BROKER: Media Venture Partners
COMMENT: Opus started operating the
station under an LMA on May 1.
KABL(FM) Walnut Creek (San Francisco),
Calif.
PRICE: $7 million
BUYER: Coast Radio Co. Inc. (John
Levitt, president); owns two other stations, KKIQ(FM) and KUIC(FM) San
Francisco
SELLER: Chase Radio Partners (Van H.
Archer III, operating manager)
FACILITIES: 92.1 MHz, 3 kW, ant. 79
ft.
FORMAT: Adult Standard
BROKER: Media Venture Partners and
Jorgenson Broadcast Brokerage
COMMENT: Purchase price includes
compensation for the cost to buy out the station's representation agreement
with Katz.
WBEC(FM) Pittsfield, Mass.
PRICE: $7 million
BUYER: Pamal Broadcasting Ltd (James
Morrell, chairman/CEO); owns 25 other stations, none in this market
SELLER: Vox Media Corp. (Bruce G.
Danziger, president)
FACILITIES: 105.5 MHz, 950 W, ant.
591 ft.
FORMAT: Hot AC
BROKER: Richard A. Foreman of Richard
A. Foreman Associates Inc.
WMIO(FM) Cabo Rojo (Puerto Rico),
P.R.
PRICE: $3.25 million
BUYER: UNO Radio Group (Jesus M.
Soto, CEO/owner); owns 13 other stations: WCMN(AM), WORA(AM), WPRP(AM),
WLEO(AM), WUNO(AM), WNEL(AM) and (FM), WFDT(FM), WFID(FM), WIVA(FM), WPRM(FM),
WRIO(FM) and WZAR(FM) Puerto Rico
SELLER: Bestov Broadcasting Inc.
(Alan Mejia, president)
FACILITIES: 102.3 MHz, 3 kW, ant. 781
ft.
FORMAT: Spanish/Urban CHR
WSIG(FM) Mount Jackson (Harrisonburg),
Va.
PRICE: $2 million
BUYER: Vox Media Corp. (Bruce G.
Danziger, president); owns 12 other stations, including WZXI(FM)
Harrisonburg
SELLER: Force 5 Communications Inc.
(Jeffrey D. Shapiro)
FACILITIES: 96.9 MHz, 4 kW, ant. 725
ft.
FORMAT: Country
BROKER: Richard A. Foreman of Richard
A. Foreman Associates
WZXI(FM) Buffalo Gap (Harrisonburg),
Va.
PRICE: $900,000
BUYER: Vox Media Corp. (Bruce G.
Danziger, president); owns 12 other stations, including WSIG(FM)
Harrisonburg
SELLER: Easy Radio Inc. (Jason Cave,
president)
FACILITIES: 95.5 MHz, 6 kW, ant. 308
ft.
FORMAT: News/Talk
BROKER: Zoph Potts of Snowden
Associates
WHTO(FM) Iron Mountain, Mich.
PRICE: $650,000
BUYER: Results Broadcasting Inc.
(Bruce Grassman, president); owns nine other stations, including WJNR(FM) Iron
Mountain
SELLER: Great Lakes Radio Inc. (Todd
S. Noordyk, president/director)
FACILITIES: 106.7 MHz, 2 kW, ant. 623
ft.
FORMAT: '80s Hits
KIXT(FM)(CP) Bay City, Ore.
PRICE: $150,000
BUYER: Tom Hodgins; owns three other
stations, none in this market
SELLER: Horizon Broadcasting Group
LLC (Keith Shipman, CEO/president)
FACILITIES: 96.3 MHz, 430 W, ant.
1,198 ft.
FORMAT: CP–NOA
AMs
KSON(AM) San Diego
PRICE: $4.85 million
BUYER: Multicultural Radio
Broadcasting Inc. (Arthur Liu, president); owns 44 other stations, none in this
market
SELLER: Jefferson-Pilot
Communications Co. (Clarke Brown Jr., president, radio division)
FACILITIES: 1240 kHz, 1 kW
FORMAT: Country
COMMENT: LMA payments to seller prior
to closing will be subtracted from purchase price.
WMDB(AM) Nashville, Tenn.
PRICE: $1.6 million
BUYER: Davidson Media Group LLC
(Peter Davidson, president); owns 22 other stations, including WNSG(AM)
Nashville
SELLER: Babb Broadcasting Co. (Morgan
Babb, president)
FACILITIES: 880 kHz, 3 kW
FORMAT: Urban AC/Gospel
BROKER: John Pierce of John Pierce
and Co.
WXNC(AM) Monroe (Charlotte-Gastonia),
N.C.
PRICE: $1.15 million
BUYER: Norsan Consulting and
Management Inc. (Norberto Sanchez, president); owns five other stations,
including WGSP(AM) Charlotte-Gastonia
SELLER: Geddings and Phillips
Broadcasting Corp. (Kevin L. Geddings, president)
FACILITIES: 1060 kHz, 4 kW
FORMAT: Talk
BROKER: Stan Raymond of Stan Raymond
and Associates Inc. and Terry Greenwood of TAG Media Consulting
WLYC(AM) Williamsport, Pa.
PRICE: $75,000
BUYER: Sentry Communications License
LLC (Jeffrey Andrulonis, member/manager); owns no other stations.
SELLER: James R. McKowne
FACILITIES: 1050 kHz, 1 kW day/30 W
night
FORMAT: Sports
Information provided by: BIA Financial Networks' Media Access Pro. Chantilly, Va., www.bia.com
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