Changing Hands
By BIA Financial Networks -- Broadcasting & Cable, 8/2/2004
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TVs
WLZE(LP) and WDPX(LP) Fort Myers and WTIG(LP) Naples, Fla.
PRICE: $900,000
BUYER: Equity Broadcasting Corp. (Greg W. Fess, executive VP)
SELLER: Tiger Eye Broadcasting Corp. (John N. Kyle II, president/CEO)
FACILITIES: WLZE(LP): Ch. 6, 3 kW; WDPX(LP): Ch. 18, 50 kW; WTIG(LP): Ch. 2, 3 kW
AFFILIATION: WLZE(LP): HSN; WDPX(LP): Pax; WTIG(LP): Pax
K23GP Park City, Utah
PRICE: $800,000
BUYER: United Media Acquisitions LLC (Robert Robinson, manager)
SELLER: Airwaves Broadcasting LLC (Cathleen Hancock, manager)
FACILITIES: Ch. 23, 95 kW, ant. 3,665 ft
W39BZ Maxville, Fla.
PRICE: $450,000
BUYER: United Media Acquisitions LLC (Robert Robinson, manager)
SELLER: Cathleen D. Hancock (Cathleen Hancock, owner/ president)
FACILITIES: Ch. 33, 150 kW
Combos
KSQB(FM) Dell Rapids, KWSF(FM) Flandreau and KSQB(AM) Sioux Falls, S.D.
PRICE: $100,000
BUYER: Feller Broadcasting LLC (Robbie J. Feller, managing member); owns no other stations
SELLER: L A Media (Lee Axdahl, president)
FACILITIES: KSQB(FM): 95.7 MHz, 25 kW, ant. 328 ft.; KWSF(FM): 107.9 MHz, 21 kW, ant. 761 ft.; KSQB(AM): 1520 kHz, 500 W
FORMAT: KSQB(FM): Oldies; KWSF(FM): Country; KSQB(AM): Adult Standard
FMs
WKIE(FM) Arlington Heights and WDEK(FM) DeKalb (Chicago) and WKIF(FM) Kankakee, Ill.
PRICE: $28 million
BUYER: NewsWeb Corp. (Fred Eychaner, president); owns six other stations: WAIT(AM), WCFJ(AM), WCSN(AM), WNDZ(AM), WSBC(AM) and WRZA(FM) Chicago
SELLER: Spanish Broadcasting System (Raul Alarcon Jr., president)
FACILITIES: WKIE(FM): 92.7 MHz, 2 kW, ant. 381 ft.; WDEK(FM): 92.5 MHz, 20 kW, ant. 489 ft.; WKIF(FM): 92.7 MHz, 3 kW, ant. 328 ft.
FORMAT: WKIE(FM): Spanish/ Mexican; WDEK(FM): Spanish AC; WKIF(FM): Spanish AC
WEXP(FM) Brandon and WVAY(FM) Wilmington, Vt.
PRICE: $2.5 million
BUYER: Nassau Broadcasting Partners LP (Louis Mercatanti Jr., president/chairman); owns 42 other stations, none in this market
SELLER: Vox Media Corp. (Jeff Shapiro, COO)
FACILITIES: WEXP(FM): 101.5 MHz, 350 W, ant. 1,306 ft.; WVAY(FM): 100.7 MHz, 130 W, ant. 1,483 ft.
FORMAT: WEXP(FM): Classic Rock; WVAY(FM): Classic Rock
BROKER: Richard A. Foreman of Richard A. Foreman Associates Inc.
WDGM(FM) Greensboro (Tuscaloosa), Ala.
PRICE: $925,000
BUYER: Apex Broadcasting Inc. (Houston L. Pearce, chairman); owns six other stations, including WSPZ(AM), WTSK(AM), WANZ(FM), WBEI(FM) and WTUG(FM) Tuscaloosa
SELLER: Warrior Broadcasting Inc. (James E. Shaw, president)
FACILITIES: 99.1 MHz, 3 kW, ant. 623 ft.
FORMAT: Oldies
AMs
WFUL(AM) Fulton, Ky.
PRICE: $350,000
BUYER: River County Broadcasting (Maxwell F. McDade III, president/director); owns no other stations
SELLER: River County Broadcasting (Charles Whitlow, president)
FACILITIES: 1270 kHz, 1 kW day/54 W night
FORMAT: Country
WNIK(AM) Arecibo, P.R.
PRICE: $335,000
BUYER: Unik Broadcasting System Corp. (Manuel Santiago Santos, president); owns no other stations
SELLER: Kelly Broadcasting System Corp. (Jaime Santiago)
FACILITIES: 1230 kHz, 1 kW
FORMAT: Spanish/News/Talk
WCKI(AM) Greer (Greenville-Spartanburg), S.C.
PRICE: $280,000
BUYER: Mediatrix SC Inc. (Mike Brannen, president/director); owns one other station, not in this market
SELLER: Sira-Pack Radio (Ronald Pack, president)
FACILITIES: 1300 kHz, 1 kW
FORMAT: Gospel
| Number | Value (000) | Number | Value (000) | |
| 2004 YTD* | 2003 Total | |||
| Television | 49 | $343,588 | 70 | $500,601 |
| Radio | 512 | $1,103,900 | 893 | $2,339,277 |
| Source: BIA Financial Networks *As of 7-28-04 |
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Information provided by: BIA Financial Networks' Media Access Pro Chantilly, Va., www.bia.com
