Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 2/4/2002
TV/Radio
KSIX-AM and KZTV-TV Corpus Christi and KVTV-TV Laredo, Texas
Price: $11.5 million
Buyer: Eagle Creek Broadcasting LLC (Brian W. Brady, partner). Brady is also president and CEO of Northwest Broadcasting, Okemos, Mich.-based owner of a TV-station group that includes KAYU-TV Spokane, Wash.
Seller: Corpus Christi Broadcasting Co Inc. (Kathleen E. Kennedy, president)
Facilities: KSIX-AM:1230 kHz, 1 kW day, 1 kW night; KZTV-TV; Ch. 10; 316 kW, ant. 942 ft.; KVTV-TV: Ch. 13; 85.1 kW, ant. 919 ft.
Format/Affiliation: KSIX-AM:news/ sports; KZTV-TV: CBS; KVTV-TV: CBS
FMs
KHHL-FM Leander (Austin), Pa.
Price: $22 million
Buyer: Amigo Broadcasting LP (Raul Salvador, president/COO); owns 10 other stations, including KXXS-FM/Austin
Seller: Shamrock Communications Inc. (William R. Lynett, president/CEO)
Facilities: 98.9 MHz, 20 kW, ant. 791 ft.
Format: Rock AC
Broker: Media Services Group
WJYA-FM Emporia and WJYJ-FM Fredericksburg, Va.
Price: $3.32 million
Buyer: CSN International (Charles Smith, president); owns 17 other stations, including KTWD(FM) Wallace, Idaho, but none in this market
Seller: Educational Media Corp. (Pete Stover, president)
Facilities: WJYA-FM:89.3 MHz, 3 kW, ant. 371 ft.; WJYJ-FM: 90.5 MHz, 21 kW, ant. 538 ft.
Format: WJYA-FM:Christian contemporary; WJYJ-FM: Christian contemporary
KTWY-FM Walla Walla (Richland-Kennewick-Pasco), Wash.
Price: $1 million
Buyer: Educational Media Foundation (Richard Jenkins, president); owns 47 other stations, including KLVA(FM) Casa Grande, Ariz., but none in this market
Seller: Bridge Broadcasting Inc. (Jose Gonzalez, president)
Facilities: 93.3 MHz, 42 kW, ant. 1,378 ft.
Format: Christian contemporary
WWZB-FM Huntingdon, Pa.
Price: $620,000
Buyer: Forever Broadcasting Inc. (Carol Logan, president); owns 41 other stations, including WHUG(FM) Pittsburgh, but none in this market
Seller: Millenium Broadcasting Inc. (Warren S. Diggins, president)
Facilities: 106.3 MHz, 6 kW, ant. 154 ft.
Format: Country
WBGJ-FM Sylvan Beach (Utica-Rome), N.Y.
Price: $350,000
Buyer: Craig Fox; owns five other stations, including WSIV(AM) Syracuse, N.Y., but none in this market
Seller: Kevin O'Kane
Facilities: 100.3 MHz, 1 kW at 0 ft.
Format: Construction permit, not yet on-air.
WKAD-FM Harrietta, Mich.
Price: $235,000
Buyer: Cadillac Broadcasting (Patricia McDonald Garber, managing member); no other broadcast interests
Seller: Noordyk Broadcasting (Donald Noordyk, president)
Facilities: 93.7 MHz, 6 kW, ant. 328 ft.
Format: CP, not on air.
KLCH-FM Lake City (Rochester), Minn.
Price: $224,000
Buyer: Sorenson Broadcasting (Dean Sorenson, president); owns 17 other stations, including WGHC(AM) Clayton, Ga., but none in this market
Seller: Result Radio Group (Jerry Papenfuss, president)
Facilities: 94.9 MHz, 6 kW, ant. 328 ft.
Format: CP, not on air.
AMs
WPYK(AM) Dora (Birmingham), Ala.
Price: $190,000
Buyer: Javier Macias; owns three other stations including, WAZX(AM)-FM Atlanta, but none in this market
Seller: Paul T. Johnson.
Facilities: 1010 kHz, 5 kW day, 41 W night
Format: Country
Broker: Media Services Group
—Information provided by BIA Financial Networks' Media Access Pro, Chantilly, Va. www.bia.com
