Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 8/12/2002
TVs
WVAH-TV Charleston, W.Va.
Price: $8.476 million
Buyer: Sinclair Broadcast Group Inc. (David D. Smith, president/CEO); No. 11 station group owns 62 stations, including WCHS-TV Charleston
Seller: Cunningham Broadcasting Corp. (Robert L. Simmons, president); was formerly Glencairn
Facilities: Ch. 11; 51 kW, ant. 1,723 ft.
Affiliation: Fox
WNUV-TV Baltimore
Price: $4.453 million
Buyer: Sinclair Broadcast Group Inc. (David D. Smith, president/CEO); No. 11 station group owns 62 stations, including WBFF(TV) Baltimore
Seller: Cunningham Broadcasting Corp. (Robert L. Simmons, president); was formerly Glencairn
Facilities: Ch. 54; 1,353 kW, ant. 1,145 ft.
Affiliation: WB
WTTE-TV Columbus, Ohio
Price: $3.276 million
Buyer: Sinclair Broadcast Group Inc. (David D. Smith, president/CEO); No. 11 station group owns 62 stations, including WBFF(TV) Columbus
Seller: Cunningham Broadcasting Corp. (Robert L. Simmons, president); was formerly Glencairn
Facilities: Ch. 28; 1,910 kW, ant. 965 ft.
Affiliation: Fox
Combos
WBEC(AM) and -FM Pittsfield, Mass.; WZEC-FM Hoosick Falls (Albany-Schenectady-Troy), N.Y.
Price: $4.3 million
Buyer: Vox Media Corp. (Jeff Shapiro, owner); owns 30 other stations, including WENU(AM) and WNYQ-FM Albany-Schenectady-Troy
Seller: Tele-Media Broadcasting Co. (Ira Rosenblatt, VP/COO Radio)
Facilities: WBEC(AM): 1420 kHz, 1 kW day, 1 kW night; WBEC-FM: 105.5 MHz, 950 W, ant. 591 ft.; WZEC-FM: 97.5 MHz, 400 W, ant. 1,204 ft.
Format: WBEC(AM): News/Talk/Sports; WBEC-FM: Hot AC; WZEC-FM: Hot AC
Broker: Frank Boyle of Frank Boyle & Co.
KMHT(AM) and KZEY-FM Marshall (Tyler-Longview), Texas
Price: $400,000
Buyer: Hanszen Broadcast Group Inc. (Jerry T. Hanszen, owner/GM); owns two other stations, none in this market
Seller: Community Broadcast Group Inc. (Jerry Russell, president)
Facilities: KMHT(AM): 1450 kHz, 650 W day, 1 kW night; KZEY-FM: 103.9 MHz, 2 kW, ant. 423 ft.
Format: KMHT(AM): Urban AC; KZEY-FM: Urban AC
Broker: Media Services Group
FMs
KYXS-FM Mineral Wells, Texas
Price: $6 million
Buyer: LKCM Radio Group LP (Kevin Pregil, VP/director); no other broadcast interests
Seller: Jerry Snyder & Associates (Jerry Snyder, owner/president)
Facilities: 95.9 MHz, 80 kW, ant. 1,079 ft.
Format: Nostalgia
KISI-FM Malvern, Ark.
Price: $325,000
Buyer: Noalmark Broadcasting Corp. (William C. Nolan Jr., president); owns 12 other stations, none in this market
Seller: Malvern Entertainment Corp. (Scott A. Gray, president)
Facilities: 101.5 MHz, 6 kW, ant. 318 ft.
Format: Oldies
Comment: If the seller successfully moves the tower so that the signal contours cover the majority of Hot Springs, Ark., the purchase price will increase to $437,500
WAYT-FM (CP) Thomasville, Ga.
Price: $15,000
Buyer: WAY FM Media Group Inc. (Robert D. Augsburg, president); owns four other stations, none in this market
Seller: Southeast Educational Radio Inc. (J. Charles Ryor, chairman)
Facilities: 88.1 MHz, 50 kW, ant. 1,161 ft.
Format: cp
NEW FM (CP) Winchendon (Worcester), Mass.
Price: $10,000
Buyer: Friends of Radio Maria Inc. (Florinda M. Iannace, president); no other broadcast interests
Seller: Toccoa Falls College (W. Wayne Gardener, executive vice president)
Facilities: 91.1 MHz, 155 W, ant. 207 ft.
Format: cp
NEW FM(CP) Pueblo, Colo.
Price: $6,251
Buyer: Educational Communications of Colorado Springs Inc. (Ronald Johnson, chairman); owns one other station, not in this market
Seller: Colorado Christian University (Brian Bissell, corporate secretary)
Facilities: 88.1 MHz, 10 kW, ant. 180 ft.
Format: cp
AMs
WWCA(AM) Gary (Chicago), Ind.
Price: $1.5 million
Buyer: Starboard Broadcasting Inc. (Mark Follett, chairman/CEO); owns six other stations, none in this market
Seller: Willis Family Broadcasting, (Celestine Willis, president)
Facilities: 1270 kHz, 1 kW day, 1 kW night
Format: Gospel
WAMM(AM) Woodstock (Winchester), Va.
Price: $140,000
Buyer: Hometown Broadcasting LLC, (Margaret S. Boston, managing member); no other broadcast interests
Seller: Grass Roots Broadcasting LLC, (Thomas A. Lewis, president)
Facilities: 1230 kHz, 1 kW day, 250 W night
Format: Soft AC
WNCR(AM) Fair Bluff, N.C.
Price: $1,200
Buyer: Stanley Broadcasting System (Thomas V. Stanley, owner/president); no other broadcast interests
Seller: Arnson Broadcasting (Don Arsone, president)
Facilities: 1480 kHz, 1 kW day 48 W night
Format: Gospel
KBCL(AM) Bossier City (Shreveport), La.
Price: Donation
Buyer: Barnabas Center Ministries (Leon W. McKee, ministry director); no other broadcast interests
Seller: Results Unlimited (George R. Alewyne, president)
Facilities: 1070 kHz, 250 W
Format: Christian/Contemporary/Talk
—Information provided by BIA Financial Networks' Media Access Pro Chantilly, Va. www.bia.com
