Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 9/23/2002
TVs
KOLO-TV Reno; K03DN Ely; K49CK Stead; K50AO Crystal Bay; K12IX Austin, all Nev.
Price: $41.5 million
Buyer: Gray Television Inc. (J. Mack Robinson, president/CEO)
Seller: Smith Broadcasting Group Inc. (Robert N. Smith, president)
Facilities: KOLO-TV: Ch.8, 166 kW, ant. 2,930 ft.; K03DN: Ch.3, 0.69 W; K49CK: Ch.49, 1.13 kW; K50AO: Ch.50, 280 W; K12IX: Ch.12, 15 W
Affiliation: KOLO-TV: ABC; K03DN: ABC; K49CK: ABC; K50AO: ABC; K12IX: ABC
WPXB-TV Merrimack, N.H.
Price: $26 million
Buyer: NBC/GE (Jack Ireland, president, TV Stations); No. 4 station group owns 24 stations, none in this market
Seller: Paxson Communications Corp. (Jeff Sagansky, president/CEO)
Facilities: Ch.60, 5,000 kW, ant. 1,011 ft.
Affiliation: Pax
KBKI-TV Walla Walla, K14JH Yakima, both Wash.
Price: $3 million
Buyer: Pappas Telecasting Co. (Harry J. Pappas, president/CEO); No. 15 station group owns 21 stations, none in this market
Seller: Broadcasting Licenses Ltd., (Brian W. Brady, president/CEO)
Facilities: KBKI-TV: Ch.9, 316 kW, ant. 1,431 ft.; K14JH: Ch.27, 0.50 kW, ant. 732 ft.
Affiliation: KBKI-TV: Ind; K14JH: Ind
FMs
WZBR-FM Kinston, WRHT-FM Morehead City, WNBR-FM Oriental and WCBZ-FM Williamston (Greenville-New Bern-Jacksonville), all N.C.
Price: $6.5 million
Buyer: Archway Broadcasting Group LLC (Al Vicente, president/CEO); no other broadcast interests
Seller: Eastern Carolina Broadcast (Gene Gray, co-owner/president)
Facilities: WZBR-FM: 97.7 MHz, 3kW, ant. 249 ft.; WRHT-FM: 96.3 MHz, 100 kW, ant. 492 ft.; WNBR-FM: 94.1 MHz, 11kW, ant. 486 ft.; WCBZ-FM: 103.7 MHz, 100 kW, ant. 981 ft.
Format: WZBR-FM: Country; WRHT-FM: CHR; WNBR-FM: Country; WCBZ-FM: CHR
Broker: Tom Snowden of Snowden Associates and Zoph Potts of Snowden Associates
WCNL-FM Chillicothe (Peoria), Ill.
Price: Swap; AAA Entertainment is paying $4 million plus trading WCNL-FM Chillicothe for WXCL-FM Pekin, Ill.
Buyer: Kelly Communications (Bob Kelly, president); also owns WOAM(AM) Peoria.
Seller: AAA Entertainment (John Maguire, president/CEO)
Facilities: 94.3 MHz, 6kW, ant. 299 ft.
Format: AC
Broker: Bob Maccini of Media Services Group
WXCL-FM Pekin (Peoria), Ill.
Price: Swap (see above)
Buyer: AAA Entertainment (John Maguire, president/CEO); owns 18 other stations, including WDQX-FM, WJPL-FM, WWCT-FM and WZPW-FM Peoria.
Seller: Kelly Communications (Bob Kelly, president)
Facilities: 104.9 MHz., 3kW, ant. 328 ft.
Format: Country
Broker: Bob Maccini of Media Services Group
WKCD-FM Pawcatuck (New London), Conn.
Price: $3.75 million
Buyer: John Fuller; owns two other stations, including WBMW-FM New London
Seller: AAA Entertainment (John Maguire, president/CEO)
Facilities: 107.7 MHz, 2 kW, ant. 400 ft.
Format: Hot AC
Broker: Bob Maccini of Media Services Group
KSLK-FM Visalia (Visalia-Tulare-Hanford), Calif.
Price: $1.2 million
Buyer: Nelson F. Gomez; owns five other stations, none in this market
Seller: New Visalia Broadcasting Inc. (Bob Eurich, president)
Facilities: 96.1 MHz, 5kW, ant. 361 ft.
Format: Smooth Jazz
WBYA-FM Islesboro (Bangor), Maine
Price: $1.15 million
Buyer: Mariner Broadcasting Limited Partnership (Louis Vitali, president/treasurer); owns five other stations, none in this market
Seller: Gopher Hill Communications Inc. (Charles Hutchins, president/director)
Facilities: 105.5 MHz, 20 kW, ant. 305 ft.
Format: Big Band
KAVJ-FM Sutherlin, Ore.
Price: $650,000
Buyer: Brooke Communications Inc. (Patrick Markham, president); owns three other stations, none in this market
Seller: Valentine Coastal Communications Inc. (Bernie Foster, owner)
Facilities: 101.1 MHz, 4kW, ant. 860 ft.
Format: Oldies
WHGN-FM Crystal River, Fla.
Price: $500,000
Buyer: Moody Bible Institute of Chicago Inc. (Robert Neff, VP Broadcasting); owns 32 other stations, none in this market
Seller: Seven Rivers Broadcast Ministries
Facilities: 91.9 MHz, 41 kW, ant. 482 ft.
Format: Religion
KMXQ-FM Socorro, N.M.
Price: $450,000
Buyer: Lakeshore Media LLC (Chris Devine, member); owns four other stations, none in this market
Seller: Roadrunner Radio LLC (Rick Martin, member)
Facilities: 92.9 MHz, 6kW, ant. -177 ft.
Format: Country
AMs
WEVD(AM) New York
Price: $78 million
Buyer: ABC Radio Inc. (John Hare, president, ABC Radio); No. 4 group owns 65 other stations, including WABC(AM), WQEW(AM) and WPLJ-FM New York.
Seller: Forward Broadcasting Inc. (Tom Bird, general manager)
Facilities: 1050 kHz, 50kW
Format: Sports
Broker: Media Venture Partners
KJON(AM) Carrollton (Dallas-Ft. Worth), Texas
Price: $4.2 million
Buyer: Family Worship Center Church Inc. (Jimmy Swaggart, member); owns 14 other stations, none in this market
Seller: Monroe-Stephens Broadcasting Inc. (Stanton Nelson, president/director)
Facilities: 850 kHz, 5 kW
Format: Country/Blue Grass
Broker: Wally Tucker, MGMT Services Inc., and Bob Connelly, The Connelly Co. Inc.
WJML(AM) and WWKK(AM) Petoskey (Traverse City-Petoskey), Mich.
Price: $900,000
Buyer: Basic Licensing Inc. (David C. Gorman, president); owns one other station, not in this market
Seller: Stone Communications Inc. (Richard Stone, president)
Facilities: WJML(AM): 1110 kHz, 10 kW; WWKK(AM): 750 kHz, 1 kW day/330 W night
Format: WJML(AM): News/Talk; WWKK(AM): Sports/Talk
—Information provided by BIA Financial Networks' Media Access Pro, Chantilly, Va. www.bia.com
| As of June 30, 2002 | |
| AM stations | 4,811 |
| FM commercial | 6,147 |
| FM educational | 2,303 |
| Total | 13,261 |
| UHF commercial TV | 752 |
| VHF commercial TV | 579 |
| UHF educational TV | 254 |
| VHF educational TV | 127 |
| Total | 1,712 |
| Class A UHF stations | 451 |
| Class A VHF stations | 103 |
| Total | 554 |
| FM translators and boosters | 3,770 |
| UHF translators | 2,647 |
| VHF translators | 2,094 |
| Total | 8,511 |
| UHF low-power TV | 1,597 |
| VHF low-power TV | 523 |
| Total | 2,120 |
| Total broadcast stations | 26,158 |
| Source: FCC |
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