FMs
-- Broadcasting & Cable, 11/27/2000
69% of WKRR(FM) Asheboro/ Greensboro and WKZL(FM) Winston-Salem/Greensboro, N.C.
Value: $35 million (worth of shares being redeemed by seller)
Buyer: James A. Dick Jr., Greensboro, N.C.; already owns 30.9% of WKRR and WKZL
Seller: Dick Broadcasting Co. Inc., Greensboro (Charles Arthur Dick, 30.8% owner; Emily D. McAlister, 29.8% owner; Jeanette D. Hundley, 8.4% owner); no other broadcast interests
Facilities: WKRR : 92.3 MHz, 100 kW, ant. 1,275 ft.; WKZL : 107.5 MHz, 100 kW, ant. 994 ft.
Formats: WKRR : classic rock; WKZL : hot AC WSLT(FM) Clearwater, S.C./Augusta, Ga., and WKXC-FM Aiken, S.C./ Augusta
Price: $12 million
Buyer: Beasley Broadcast Group Inc., Naples, Fla. (George G. Beasley, chairman; Bruce Beasley, president, Radio Group); owns/is buying 15 AMs and 21 other FMs, including WCHA-FM, WGAC(AM ) and WRDW(AM) Augusta, WGOR(FM) Martinez, Ga./Augusta , WAJY(FM) New Ellenton, S.C./ Augusta and WRFN(FM ) Warrenton, Ga./ Augusta
Seller: George H. Buck Jr., Atlanta; owns four other FMs and 13 AMs
Facilities: WSLT : 98.3 MHz, 2.8 kW, ant. 484 ft.; WKXC-FM : 99.5 MHz, 22.5 MHz, ant. 728 ft.
Formats: WSLT : soft AC; WKXC-FM : country
Broker: Bergner & Co. 51% of KATY-FM Idyllwild/San Bernardino, Calif.
Price: $2.5 million
Buyer: All Pro Broadcasting Inc., Idyllwild (Willie D. Davis, president/60% owner); owns KCXX(FM) Lake Arrowhead/San Bernardino, Calif., and 50% of two Wisconsin FMs and one Wisconsin AM. Note: All Pro already owns 49% of KATY-FM
Seller: KATY-FM LLC, Temecula, Calif. (Cliff L. Gill and Kay Sadlier-Gill, principals); no other broadcast interests
Facilities: 101.3 MHz, 1.15 kW, ant. 731 ft.
Format: AC
KREW-FM Naches/Yakima, Wash.
Price: $1.3 million
Buyer: Clear Channel Communications Inc., San Antonio (L. Lowry Mays, chairman; Randy Michaels, chairman, Clear Channel Radio); owns/is buying 19 TVs and 1,111 other radio stations, including KIT(AM)-KATS(FM) and KMWX(AM)-KFFM(FM) Yakima and KQSN(FM) Toppenish/Yakima, Wash.
Seller: Butterfield Broadcasting Corp.,Bellevue, Wash. (Gregory J. Smith, vice president/31.2% owner); owns KZZM(FM) Dayton/Weston, Ore., and KZTS(AM )- KZTB(FM ) Sunnyside, KZTA(FM) N aches / Yakima and KYXE(AM ) Selah/Yakima, Wash. Smith owns KSWW(FM) Elna, Wash.Note: Butterfield bought KREW-FM for $568,000 (Changing Hands, July 26, 1999)
Facilities: 99.3 MHz, 930 W, ant. 830 ft.
Format: Variety
WINL(FM) Linden/Demopolis (near Meridian, Miss., and Montgomery, Ala.), Ala.
Price: $1.28 million
Buyer: West Alabama Communications Inc., Demopolis (Amy Ross Douglas, 35% owner; Randall W. Douglas, 30% owner). Principals also own WXAL(AM)-WZNJ(FM) (formerly WZNJ ) Demopolis
Seller: Radio Communicators Inc., Meridian (David Majure II, president); no other broadcast interests
Facilities: 98.5 MHz, 100 kW, ant. 817 ft.
Format: Young country KAZX(FM) Kirtland/Aztec/Farmington, N.M./Durango, Colo
. Price: $1.26 million cash
Clear Channel (see krew-fm Naches/Yakima item, above); owns/is buying KDAG(fm) and KTRA(fm) Farmington, KCQL(am) Aztec/Farmington and KKFGfm) Bloomfield/Farmington, N.M.; is selling KDGO(AM)-KPTE(FM) Durango, KENN(AM)-KRWN(FM) and KNNT(AM) Farmington and KISZ-FM Cortez, Colo./Farmington
Seller: Radio Properties Inc., Farmington, N.M. (Richard Thomas, owner); no other broadcast interests
Facilities: 102.9 MHz, 100 kW, ant. 1,007 ft.
Format: Top 40
