Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 7/29/2002
—Information provided by BIA Financial Networks' Media Access Pro, Chantilly, Va. www.bia.com
TVs
WRGT-TV Dayton, Ohio
Price: $14.655 million
Buyer: Sinclair Broadcast Group Inc. (David D. Smith, president/CEO); No. 11 station group has more than 60 other stations
Seller: Cunningham Broadcasting Corp. (Eddy Edwards, president)
Facilities: Ch.45; 5,000 kW, ant. 1,171 ft.
Affiliation: Fox
KOCM-TV Norman, Okla.
Price: $3.6 million
Buyer: Daystar Television Network (Marcus Lamb, president/CEO)
Seller: Norman TV LLC (Cyril Miller, managing member)
Facilities: Ch.46; 150 kW, ant. 558 ft.
Affiliation: Not available
Combos
WDXE-FM and WDXE(AM) Lawrenceburg, Tenn.
Price: $450,000
Buyer: Lakewood Communications LLC (Herbert J. Cheatwood, member); no other broadcast interests
Seller: H-M-S Broadcasting Co. (Robin H. Mathis, general partner)
Facilities: WDXE-FM: 106.7 MHz, 6 kW, ant. 292 ft.; WDXE(AM): 1370 kHz, 1 kW day/44 W night
Format: WDXE-FM: Hot AC; WDXE(AM): Country
FMs
KPUP-FM (CP) Amargosa Valley, Nev.
Price: $5.1 million
Buyer: Sky Media LLC (Chris Devine, managing member); no other broadcast interests
Seller: Argosa Broadcasting LLC (Todd P. Robinson, sole member)
Facilities: 101.1 MHz, 6 kW, ant. 328 ft.
Format: cp
WSAG-FM (CP) Pinconning (Saginaw-Bay City-Midland), Mich.
Price: $195,000
Buyer: Michael Radio Group (Victor A. Michael, Jr., president); no other broadcast interests
Seller: Russell Lafave
Facilities: 104.1 MHz, 4 kW, ant. 367 ft.
Format: cp
Broker: Doyle Hadden of Hadden & Assoc. Media Brokers
New FM(CP) Nassawadox, Va.
Price: $80,000
Buyer: CSN International (Charles Smith, president); owns 20 other stations, none in this market
Seller: Nassawadox FM Inc. (William Lacy, president)
Facilities: 90.1 MHz, 25 kW, ant. 436 ft.
Format: cp
KTOR-FM (CP) Chester, Calif.
Buyer: Sierra Radio Inc. (Gary Katz, president/director); no other broadcast interests
Seller: Tom Huth; will receive a payment equal to 51% of expenses occurred in acquisition construction of the CP and will be 49% owner in Sierra Radio; Katz Investments will be primary shareholder with 51%
Facilities: 99.7 MHz, 430 W, ant. 968 ft.
Format: cp
AMs
KCKY(AM) Coolidge, Ariz.
Price: $130,000
Terms: Station swap
Buyer: Cortaro Broadcasting Corp. (Moises Herrerra Jr., president); no other broadcast interests
Seller: One Mart Inc. (Armando Zamora, president)
Facilities: 1150 kHz, 5 kW day/1 kW night
Format: Spanish/Christian
KEVT(AM) Cortaro (Tucson), Ariz.
Price: Swap plus $130,000
Buyer: One Mart Inc. (Armando Zamora, president); no other broadcast interests
Seller: Cortaro Broadcasting Corp. (Moises Herrerra Jr., president)
Facilities: 1030 kHz, 10 kW day/1 kW night
Format: Mexican
