Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 10/21/2002
Combos
WWDR(AM) and WDLZ-FM Murfreesboro, WRMT(AM) and WSAY-FM Rocky Mount, N.C.
Price: $4.3 million
Buyer: First Media (Alex Kolobielski, president); owns 10 other stations, none in this market
Seller: R. Gordon Finney
Facilities: WWDR(AM): 1080 kHz, 1 kW day; WDLZ-FM: 98.3 MHz, 3 kW, ant. 285 ft.; WRMT(AM): 1490 kHz, 1 kW; WSAY-FM: 98.5 MHz, 16 kW, ant. 410 ft.
Format: WWDR(AM): Sports/News; WDLZ-FM: Soft AC; WRMT(AM): Sports; WSAY-FM: Country
FMs
KNCO-FM Grass Valley (Sacramento), Calif.
Price: $3 million
Buyer: First Broadcasting Co. LP (Gary M. Lawrence, president/vice chairman); owns three other stations, none in this market
Seller: Nevada County Broadcasters (Bob Breck, CEO)
Facilities: 94.3 MHz, 660 W, ant. 981 ft.
Format: AC
WLMX-FM Balsam Lake and WXCX-FM Siren, Wis.
Price: $1.2 million
Buyer: Alan Quarnstrom; owns nine other stations, none in this market
Seller: Casey Communications (Scot O'Malley, secretary)
Facilities: WLMX-FM: 104.9 MHz, 22 kW, ant. 348 ft.; WXCX-FM: 105.7 MHz, 6 kW, ant. 328 ft.
Format: WLMX-FM: AC; WXCX-FM: Oldies
WPIK-FM Summerland Key, Fla.
Price: $1.5 million
Buyer: John McNeil Productions Inc. (John Magliola, president); no other broadcast interests
Seller: Keys Radio Corp. (Jerry Parrish, president)
Facilities: 102.5 MHz, 50 kW, ant. 413 ft.
Format: Country
KWSZ-FM Lompoc (Santa Maria-Lompoc), Calif.
Price: $900,000
Buyer: Coast West Broadcasting Corp. (Brian E. Costello, president); no other broadcast interests. Costello currently owns 35% of Rock It Radio
Seller: New Century AZ LLC (George Kriste, president)
Facilities: 105.1 MHz, 420 W, ant. 1,217 ft.
Format: Lite Rock
WGLB-FM Port Washington (Milwaukee-Racine), Wis.
Price: $900,000
Buyer: Starboard Broadcasting Inc. (Mark Follett, chairman/CEO); owns seven other stations, including WZRK(AM) Milwaukee-Racine
Seller: Joel J. Kinlow (Joel J. Kinlow Sr., owner)
Facilities: 100.1 MHz, 6 kW, ant. 318 ft.
Format: '70s Oldies
Comment: The station will change calls before the transaction is complete
KNCE-FM Baird (Abilene), Texas
Price: $900,000
Buyer: Doud Media Group LLC (Richard J. Doud Sr., managing member); owns KORQ-FM Abilene
Seller: Cowboy's Broadcasting LLC (Cliff Boyd, owner)
Facilities: 95.1 MHz, 100 kW, ant. 742 ft.
Format: Gospel
WXHB-FM Richton (Laurel-Hattiesburg), Miss.
Price: $650,000
Buyer: Blakeney Communications Inc. (Larry Blakeney, owner/CEO); owns three other stations: WBBN-FM, WKZW-FM and WXRR-FM Laurel-Hattiesburg
Seller: Rainey Radio Inc. (Kenneth Rainey, president/director)
Facilities: 96.5 MHz, 6 kW, ant. 328 ft.
Format: Gospel
KMJC-FM Mt. Shasta, Calif.
Price: $400,000
Buyer: Educational Media Foundation (Richard Jenkins, president); owns 54 other stations, none in this market
Seller: Four Rivers Broadcasting Inc. (John Power, president)
Facilities: 107.9 MHz, 100 kW, ant. 1,096 ft.
Format: AAA
AMs
KRPT-FM Anadarko, KDDQ-FM Comanche, KXCD(AM) and KKEN-FM Duncan, and KXCA(AM) Lawton, all Okla.
Price: $1.18 million
Buyer: Perry Broadcasting Co. Inc. (Russell M. Perry, owner); owns five other stations, including KKRX(AM) and KJMZ-FM Lawton
Seller: Friends Communications (Bob Elliot, owner/CEO)
Facilities: KRPT-FM: 103.5 MHz, 75 kW, ant. 292 ft.; KDDQ-FM: 105.3 MHz, 6 kW, ant. 299 ft.; KXCD(AM): 1350 kHz, 180 W day/70 W night; KKEN-FM: 97.1 MHz, 6 kW, ant. 328 ft.; KXCA(AM): 1380 kHz, 1 kW
Format: KRPT-FM: Country; KDDQ-FM: Hot AC; KXCD(AM): Talk; KKEN-FM: Country; KXCA(AM): Talk
WMNA(AM) and -FM Gretna, Va.
Price: $300,000
Buyer: Burns Media Strategies (Gary E. Burns, owner); owns three other stations, none in this market
Seller: Central Virginia Broadcasting Co. (Jack Moore, director)
Facilities: WMNA(AM): 730 kHz, 1 kW day/28 W night; WMNA-FM: 106.3 MHz, 6 kW, ant. 259 ft.
Format: WMNA(AM): Country; WMNA-FM: Country
WBYU(AM) New Orleans
Price: $1.5 million
Buyer: ABC Radio Inc. (John Hare, president, ABC Radio); No. 4 station group owns 68 other stations, none in this market
Seller: Beasley Broadcast Group (George G. Beasley, chairman/CEO)
Facilities: 1450 kHz, 1 kW
Format: Motivational
KMAP(AM) Frazier Park (Bakersfield), Calif.
Price: $1 million
Buyer: Talk Central Networks LLC; no other broadcast interests
Seller: KMAP Inc. (Edward Hopple, president)
Facilities: 1050 kHz, 10 kW day/3 kW night
Format: Children
—Information provided by BIA Financial Networks' Media Access Pro, Chantilly, Va. www.bia.com
