Deals
By BIA Financial Networks -- Broadcasting & Cable, 7/23/2006 8:00:00 PM
TVs
KFYR(TV) Bismarck, KQCD(TV) Dickinson, KVLY(TV) Fargo, KMOT(TV) Minot, KUMV(TV) Williston, N.D.; KABY(TV) Aberdeen, KPRY(TV) Pierre, KSFY(TV) Sioux Falls, S.D.
PRICE: Undisclosed
BUYER: Hoak Media LLC (Eric Van den Branden, president)
SELLER: North Dakota Tele­vision LLC (Robert Gluck, president)
BROKER: Kalil and Co. Inc.
FACILITIES: KFYR(TV): Ch. 5, 100 kW, ant. 1,401 ft.; KQCD(TV): Ch. 7, 316 kW, ant. 732 ft.; KVLY(TV): Ch. 11, 316 kW, ant. 2,001 ft.; KMOT(TV): Ch. 10, 214 kW, ant. 679 ft.; KUMV(TV): Ch. 8, 166 kW, ant. 1,060 ft.; KABY(TV): Ch. 9, 316 kW, ant. 1,401 ft.; KPRY(TV): Ch. 4, 100 kW, ant. 1,240 ft.; KSFY(TV): Ch. 13, 316 kW, ant. 2,001 ft.
AFFILIATION: KFYR(TV): NBC; KQCD(TV): NBC; KVLY(TV): NBC; KMOT(TV): NBC; KUMV(TV): NBC; KABY(TV): ABC; KPRY(TV): ABC; KSFY(TV): ABC
WUVM(LP) Atlanta
PRICE: Undisclosed
BUYER: L4 Media Group LLC (Mark Mayo, CEO)
SELLER: Scott Saldana
FACILITIES: Ch. 4, 2.5 kW
COMMENT: Saldana is a principal of the buyer.
Combos
KKLS(AM), KFXS(FM), KKMK(FM) and KOUT(FM) Rapid City, KBHB(AM) and KRCS(FM) Sturgis (Rapid City), S.D.
PRICE: $19 million
BUYER: Schurz Communications Inc. (Marcia Burdick, senior VP, broadcasting); owns seven other stations, none in this market
SELLER: Triad Broadcasting Co. (David Benjamin, CEO)
FACILITIES: KKLS(AM): 920 kHz, 5 kW day/111 W night; KFXS(FM): 100.3 MHz, 100 kW, ant. 463 ft.; KKMK(FM): 93.9 MHz, 100 kW, ant. 686 ft.; KOUT(FM): 98.7 MHz, 100 kW, ant. 463 ft.; KBHB(AM): 810 kHz, 25 kW day/60 W night; KRCS(FM): 93.1 MHz, 100 kW, ant. 1,060 ft.
FORMAT: KKLS(AM): Oldies; KFXS(FM): Classic Rock; KKMK(FM): AC; KOUT(FM): Country; KBHB(AM): Country/Oldies; KRCS(FM): CHR
BROKER: Kalil and Co. Inc.
FMs
WBGB(FM) Ponte Vedra Beach (Jacksonville), Fla.
PRICE: $7.65 million
BUYER: Cox Radio Inc. (Robert Neil, president/CEO); owns 78 other stations, including WOKV(AM), WAPE(FM), WFYV(FM), WJGL(FM) and WMXQ(FM) Jacksonville
SELLER: Salem Communications (Edward Atsinger III, CEO)
FACILITIES: 106.5 MHz, 6 kW, ant. 328 ft.
FORMAT: Christian Contemporary
BROKER: Mark W. Jorgenson of Jorgenson Broadcast Brokerage
WIKL(FM) Greencastle, Ind.
PRICE: $2 million
BUYER: Educational Media Foundation (Richard Jenkins, president); owns 158 other stations, none in this market
SELLER: Hoosier Broadcasting (William Poorman, president)
FACILITIES: 90.5 MHz, 15 kW, ant. 436 ft.
FORMAT: Christian Contemporary
BROKER: John Pierce of John Pierce and Co. LLC
KJLO(FM) Monroe, La.
PRICE: $500,000
BUYER: Holladay Broadcasting (Bob Holladay, president); owns 12 other stations, including KMLB(AM), KRJO(AM), KJMG(FM), KLIP(FM) and KRVV(FM) Monroe
SELLER: New South Communications Inc. (Frank Holladay, president)
FACILITIES: 104.1 MHz, 100 kW, ant. 1,493 ft.
FORMAT: Country
AMs
KILE(AM) Bellaire (Houston-Galveston), Texas
PRICE: $9 million
BUYER: Gow Communications LLC (David Gow, president); owns no other stations
SELLER: Hereford Agri-Fuels Inc. (Jerome Friemel, president)
FACILITIES: 1560 kHz, 50 kW
FORMAT: Ethnic
BROKER: John W. Saunders
WITH(AM) Baltimore
PRICE: $3.25 million
BUYER: Peter and John Radio Fellowship Inc. (Steve Lawhon, officer); owns one other station, WRBS(FM) Baltimore
SELLER: Salem Communications (Edward Atsinger III, CEO)
FACILITIES: 1230 kHz, 1 kW
FORMAT: Christian/Talk
BROKER: Mitt Younts of EnVest Media LLC
WABQ(AM) Cleveland
PRICE: $2.5 million
BUYER: Good Karma Broadcasting (Craig Karmazin, president); owns eight other stations, none in this market
SELLER: D & E Communications Inc. (Dale Edwards, president)
FACILITIES: 1540 kHz, 1 kW
FORMAT: Gospel
KCMN(AM) Colorado Springs, KCBR(AM) Monument (Colorado Springs), Colo.
PRICE: $1 million
BUYER: CMN LLC (Donald Crawford Jr., member); owns no other stations
SELLER: Crawford Broadcasting (Donald Crawford, president)
FACILITIES: KCMN(AM): 1530 kHz, 15 kW day/15 W night; KCBR(AM): 1040 kHz, 15 kW
FORMAT: KCMN(AM): Adult Standard; KCBR(AM): Christian/Talk
WSIC(AM) Statesville. N.C.
PRICE: $700,000
BUYER: Iredell Broadcasting Inc. (Mark Sanger, president); owns no other stations
SELLER: Clear Channel Comm. (John Hogan, CEO, radio)
FACILITIES: 1400 kHz, 1 kW
FORMAT: News/Talk/Sports
| STATION SALES SCORECARD | ||||
|---|---|---|---|---|
| 2006 YTD* | 2005 YTD | |||
| Number | Value (000) | Number | Value (000) | |
| Television | 105 | $15,757,019 | 85 | $2,842,439 |
| Radio | 611 | $4,966,558 | 899 | $2,836,254 |
| Source: BIA Financial Networks *As of 7/19/06 |
||||
Information provided by:BIA Financial Networks’ Media Access Pro. Chantilly, Va., www.bia.com 718-818-2425
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