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Changing Hands

By BIA Financial Networks -- Broadcasting & Cable, 7/8/2002

Combos

KRQX(AM) and KYCX-FM Mexia, Texas

Price: $121,000

Buyer: MJ Communications Inc. (Susan M. Cholopisa, president/director); no other broadcast interests

Seller: Groveton Broadcasting Group Inc. (Susan Cholopisa, station manager)

Facilities: KRQX(AM): 1590 kHz, 500 W day/128 W night; KYCX-FM: 104.9 MHz, 2 kW, ant. 351 ft.

Format: KRQX(AM): Country; KYCX-FM: Country

FMs

WRVX-FM Eufaula, Ala.

Price: $425,000

Buyer: Small Town Radio Inc. (Don Boyd, president); owns six other stations, none in this market

Seller: Renegade Broadcasting (Clyde Earnest, president)

Facilities: 97.9 MHz, 3 kW, ant. 328 ft.

Format: Country

WSKT-FM Spencer, Ind.

Price: $321,100

Buyer: Mid-America Radio Group (David Keister, president); owns 13 other stations, none in this market

Seller: The Original Company Inc. (Mark Lange, president)

Facilities: 92.7 MHz, 1kW, ant. 479 ft

Format: Country

KMRL-FM Buras, La.

Price: $25,000

Buyer: White Dove Fellowship Church (Michael P. Mille, president); no other broadcast interests

Seller: Deep Delta Radio Inc. (headed by Rev. Max Latham)

Facilities: 91.9 MHz, 3kW, ant 164 ft.

Format: Inspirational/Gospel

AMs

KIVA(AM) Albuquerque, N.M.

Price: $500,000

Buyer: Aragon Broadcasting Co. LLC (John J. Aragon, member); no other broadcast interests

Seller: Simmons Media Group Inc. (Craig Hanson, president)

Facilities: 1600 kHz, 10 kW day/128 W night

Format: News/Talk

WIBQ(AM) Sarasota (Sarasota-Bradenton), Fla.

Price: $450,000

Buyer: Nova Broadcasting Co.; no other broadcast interests

Seller: Alliance Broadcasting Group Inc. (Joseph F. Newman, president/director)

Facilities: 1220 kHz, 1 kW day/41 W night

Format: News/Talk

WNCC(AM) Barnesboro and WRDD(AM) Ebensburg (Johnstown), Pa.

Price: $320,000

Buyer: Cambria Radiowerks Inc. (Michael McKendree, president); no other broadcast interests

Seller: Vernal Enterprises (Larry L. Schrengocost, president)

Facilities: WNCC(AM): 950 kHz, 500 W; WRDD(AM): 1580 kHz, 1 kW day/4 W night

Format: WNCC(AM): Oldies; WRDD(AM): Oldies

WROX(AM) Clarksdale, Miss.

Price: $246,000

Buyer: Jason Konarz; owns one other station, not in this market

Seller: Delta Radio Inc. (MS) (Larry G. Fuss, president)

Facilities: 1450 kHz, 1 kW

Format: R&B

WGAM(AM) Greenfield, Mass.

Price: $150,000

Buyer: P&M Radio LLC (Phillip G. Drumheller, president); no other stations broadcast interests

Seller: Edward Skutnik

Facilities: 1520 kHz, 10 kW

Format: Easy

WBIB(AM) Centreville, Ala.

Price: $146,397

Buyer: Bibb Broadcasting Corp. (Dennis W. Littleton, president); no other broadcast interests

Seller: Sides-Robinson Broadcasting Inc. (John H. Sides, president)

Facilities: 1110 kHz, 1 kW day

Format: Country

WPJX(AM) Zion (Chicago), Ill.

Price: $70,000

Buyer: Multicultura Broadcasting of Chicago (Edward K. Rim, president); no other broadcast interests

Seller: ABC Radio Inc. (John Hare, president)

Facilities: 1500 kHz, 250 W day

Format: Dark

—Information provided by BIA Financial Networks' Media Access Pro Chantilly, Va. www.bia.com

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