Deals

By BIA Financial Networks -- Broadcasting & Cable, 4/11/2005

In this story:
TVs
FMs
AMs

TVs
KEAT(LP) Amarillo, Texas
PRICE: $200,000
BUYER: Equity Broadcasting Corp. (Greg W. Fess, EVP)
SELLER: Univision Communications Inc. (A. Jerrold Perenchio, chairman/CEO)
FACILITIES: Ch. 22, 12.9 kW
AFFILIATION: Uni.
W68DR Rehoboth Beach, Del.
PRICE: $2,550
BUYER: Victory Television Inc. (William Greene, president)
SELLER: Trinity Broadcasting Network (Paul F. Crouch, president)
FACILITIES: Ch. 68, 5.5 kW
AFFILIATION: TBN
K61HN Lewiston, Idaho
PRICE: $2,000
BUYER: Brady Broadcasting (William G. Brady, owner)
SELLER: ESI Broadcasting Corp. (Mike Stocklin, president/director)
FACILITIES: Ch. 61, 5 kW, ant. -624 ft.
K24GP Lubbock, Texas
PRICE: $1
BUYER: Mako Communications LLC (Michael Mintz, member)
SELLER: Venture Technologies Group LLC (Lawrence Rogow, president)
FACILITIES: Ch. 24, 10 kW, ant. 666 ft.
W63DC and W65EF Ocean City, Md.
PRICE: $1
BUYER: Chris McHale (Chris McHale, owner)
SELLER: Chang Broadcasting (Jeff Chang, member)
FACILITIES: W63DC: Ch. 63, 11.2 kW, ant. 397 ft.; W65EF: Ch. 65, 7 kW, ant. 398 ft.
AFFILIATION: W63DC: TBN
COMMENT: Jeff Chang is assigning his 50% interest in the CPs for W63DC and W65EF Ocean City, Md., giving Chris McHale 100% ownership in these two CPs.
K56GY Greybull, Wyo.
PRICE: Donation
BUYER: Central Wyoming College (Joanne McFarlen, president/CEO)
SELLER: Mark Silberman (Mark Silberman, owner)
FACILITIES: Ch. 56, 0.999 kW
K58GQ Glendo, Wyo.
PRICE: Donation
BUYER: Central Wyoming College (Joanne McFarlen, president/CEO)
SELLER: Mark Silberman (Mark Silberman, owner)
FACILITIES: Ch. 58, 0.999 kW
K28IE Barstow, Calif.
PRICE: Undisclosed
BUYER: Chang Broadcasting (Jeff Chang, member)
SELLER: Equity Broadcasting Corp. (Greg W. Fess, EVP)
FACILITIES: Ch. 28, 30 kW, ant. 697 ft.
K35BW Lewiston, Idaho
PRICE: No cash consideration
BUYER: Cowles Publishing Co. (Betsy Cowles, chair of the board)
SELLER: Orchards Community TV Association Inc. (H.V. Yochum, president)
FACILITIES: Ch. 35, 0.174 kW
COMMENT: The only consideration is the continued operation of K35BW without further cost to the seller. K35BW is being used to rebroadcast the signal of KHQ Spokane, Wash.
KKRP(LP) St. George, Utah
PRICE: No cash consideration
BUYER: TSM Inc. (Ray Carpenter, president)
SELLER: Washington County TV Dept (Ray Carpenter, technical director)
FACILITIES: Ch. 46, 0.745 kW
AFFILIATION: ABC
WRNT(LP) Hartford, Conn.; WESA(LP) Springfield, Mass.
PRICE: Undisclosed
BUYER: R and S Broadcasting LLC (Salvatore Minniti, manager)
SELLER: Salvatore Minniti (Salvatore Minniti, owner)
FACILITIES: WRNT(LP): Ch. 48, 50 kW; WESA(LP): Ch. 34, 45 kW
COMMENT: Transfer from an individual, Salvatore Minniti, to a limited-liability company whose equity members are Minniti and his wife, Rita Minniti
K52JO Wichita Falls, Texas
PRICE: Undisclosed
BUYER: Hispanic Christian Community Network Inc. (Omar Vasquez, VP)
SELLER: Vernon G. Snyder (Vernon G. Snyder III, owner)
FACILITIES: Ch. 52, 10 kW
BROKER: The LPTVStore.com LLC

FMs
KTCM(FM) Kingman, Kan.
PRICE: $1.7 million
BUYER: Connoisseur Communications (Jeff Warshaw, CEO); owns no other stations
SELLER: Maria Salazar
FACILITIES: 100.3 MHz, 48 kW, ant. 505 ft.
FORMAT: Spanish/Mexican
BROKER: Michael J. Bergner of Bergner & Co.
WHLG(FM) Port St. Lucie (Ft. Pierce-Stuart-Vero Beach), Fla.
PRICE: $1.2 million
BUYER: Horton Broadcasting Co. (Vernon D. Smith, president); owns no other stations
SELLER: Horton Broadcasting Co. (Helen B. Horton, president)
FACILITIES: 101.3 MHz, 6 kW, ant. 299 ft.
FORMAT: AC
COMMENT: Smith is buying Helen B. Horton's 20% common stock and 100% voting stock in Horton Broadcasting Co. (HBC), making him 100% holder of the votes and assets.
KVUW(FM) Wendover, Nev.; NEW (FM)(CP) Laramie (Cheyenne), Wyo.
PRICE: $750,000
BUYER: Mountain States Radio Inc. (Victor A. Michael, president); owns six other stations, including KRQU(FM) Cheyenne
SELLER: Mt Rushmore Broadcasting Inc. (Jan C. Gray, president)
FACILITIES: KVUW(FM): 102.3 MHz, 3 kW, ant. 26 ft.; NEW (FM): 98.7 MHz, 110 W, ant. 1,073 ft.
FORMAT: KVUW(FM): CP–NOA; NEW (FM): CP–NOA
WKNZ(FM) Collins (Laurel-Hattiesburg), Miss.
PRICE: $550,000
BUYER: Rainey Broadcasting Inc. (Kenneth Rainey, president/director); owns one other station, WMXI(FM) Laurel-Hattiesburg
SELLER: Radio Broadcasters LLC (Kenneth Rainey, managing member)
FACILITIES: 107.1 MHz, 2 kW, ant. 541 ft.
FORMAT: Modern AC
COMMENT: John H. Phillips is selling his 50% interest in Radio Broadcasters LLC (RBL) to Cheryl Rainey; the remaining 50% interest in RBL is held by Kenneth Rainey.
KXXQ(FM) Milan, N.M.
PRICE: $450,000
BUYER: IHR Educational Broadcasting (Douglas Sherman, president); owns seven other stations, none in this market
SELLER: Tom Hodgins
FACILITIES: 100.7 MHz, 100 kW, ant. 1,362 ft.
FORMAT: Country
BROKER: MCH Enterprises Inc
WSEH(FM) Cumberland, Ky.
PRICE: $265,000
BUYER: Regina Kay Moore; owns one other station
SELLER: Cumberland City Broadcasting (Susan Burton, GM)
FACILITIES: 102.7 MHz, 175 W, ant. 1,824 ft.
FORMAT: Country
KQNS(FM) Lindsborg, Kan.
PRICE: $220,000
BUYER: Waitt Radio (George Pelletier, SVP, radio); owns 42 other stations, none in this market
SELLER: B-B Broadcasting Inc. (Elizabeth A. Chalmers, president)
FACILITIES: 95.5 MHz, 16 kW, ant. 417 ft.
FORMAT: Lite Rock
COMMENT: Buyer has been programming the station.
KKVO(FM) Altus, Okla.
PRICE: $150,000
BUYER: Educational Media Foundation (Richard Jenkins, president); owns 121 other stations, none in this market
SELLER: Altus Educational Broadcasting Foundation (Bat Masterson, president)
FACILITIES: 90.9 MHz, 4 kW, ant. 820 ft.
FORMAT: Christian
BROKER: Greg Guy of Patrick Communications
WHFD(FM) Lawrenceville, Va.
PRICE: $100,000
BUYER: Lawrenceville Christian (Katrina T. Chase, president); owns no other stations
SELLER: Willis Broadcasting Corp. (Levi E. Willis, president)
FACILITIES: 105.5 MHz, 6 kW, ant. 154 ft.
FORMAT: Black Gospel
WWZP(FM) Freeland (Saginaw-Bay City-Midland), Mich.
PRICE: $75,000
BUYER: Educational Media Foundation (Richard Jenkins, president); owns 125 other stations, including WTRK(FM) Saginaw-Bay City-Midland
SELLER: American Family Association Inc. (Donald E. Wildmon, chairman)
FACILITIES: 90.9 MHz, 240 W, ant. 213 ft.
FORMAT: Christian
WUPY(FM) Ontonagon, Mich.
PRICE: $75,000
BUYER: JBS Ltd (Bruce Lindsey, president); owns no other stations
SELLER: S&S Broadcasting (Robert Shulz, president)
FACILITIES: 101.1 MHz, 100 kW, ant. 620 ft.
FORMAT: Country
KVFR(FM)(CP) Laytonville, Calif.
PRICE: $50,000
BUYER: Radio Bilingue Inc. (Hugo Morales, owner/executive director); owns five other stations, none in this market
SELLER: Family Stations Inc. (Harold Camping, president)
FACILITIES: 88.5 MHz, 1 kW, ant. 2,336 ft.
FORMAT: CP–NOA
BROKER: Public Radio Capital

AMs
KNRC(AM) Englewood (Denver-Boulder), Colo.
PRICE: $5.53 million
BUYER: New Radio Venture LLC (Maria Elena Llansa, manager); owns one other station, not in this market
SELLER: NRC Broadcasting Inc. (Tim Brown, chairman/CEO)
FACILITIES: 1150 kHz, 50 kW day/1 kW night
FORMAT: News/Talk
BROKER: Larry Patrick, Patrick Communications; Jody McCoy, Media Services Group
KMZT(AM) Piedmont (San Francisco), Calif.
PRICE: $5.1 million
BUYER: Mapleton Communications LLC (Adam Nathanson, president); owns 28 other stations, none in this market
SELLER: Mt Wilson FM Broadcasters (Saul Levine, president)
FACILITIES: 1510 kHz, 8 kW day/230 W night
FORMAT: Oldies
BROKER: American Radio Brokers Inc./SFO
WYXC(AM) Cartersville (Atlanta), Ga.
PRICE: $500,000
BUYER: Clarion Communications Inc. (Charles Shiflett, president); owns no other stations
SELLER: Rogers Communications Inc. (William Rogers, president)
FACILITIES: 1270 kHz, 2 kW
FORMAT: News/Talk/Sports
KTTP(AM) Pineville (Alexandria), La.
PRICE: $175,000
BUYER: Benjamin-Dane LLC (Ronald Reeves, president); owns one other station, not in this market
SELLER: Peoples Broadcasting Network LLC (Otto Miller, member)
FACILITIES: 1110 kHz, 2 kW
FORMAT: Ethnic/Gospel
BROKER: Holt Media Group
KCOM(AM) Comanche, Texas
PRICE: $164,000
BUYER: Cherry Creek Radio (Joseph D. Schwartz, CEO/president); owns 36 other stations, including KYOX(FM) Comanche
SELLER: Texas West Media Inc. (David B. Bacon, president/director)
FACILITIES: 1550 kHz, 250 W day/54 W night
FORMAT: Country
BROKER: Media Services Group
KUGT(AM) Jackson, Mo.
PRICE: $150,000
BUYER: Withers Broadcasting Co. (W. Russell Withers Jr., president); owns 21 other stations, none in this market
SELLER: Light & Power Co. Inc. (Larry E. Dunger, president)
FACILITIES: 1170 kHz, 250 W
FORMAT: Christian
WRPN(AM) Ripon, Wis.
PRICE: $150,000
BUYER: Radio One Communications LLC (Michael Enfelt, member); owns no other stations
SELLER: Radio Plus Inc. (Christopher Bernier, president)
FACILITIES: 1600 kHz, 5 kW
FORMAT: News/Talk/Sports
WRSM(AM) Sumiton (Birmingham), Ala.
PRICE: $106,501
BUYER: American Trust Corp. (Earl F. Hilliard, president); owns no other stations
SELLER: Sumiton Broadcasting Inc. (Herb Steadman, shareholder)
FACILITIES: 1540 kHz, 1 kW
FORMAT: Country
KSWB(AM) Seaside, Ore.
PRICE: $100,000
BUYER: Calcomm Stations Oregon LLC (Cal Brady, managing member); owns one other station, not in this market
SELLER: Cannon Beach Radio LLC (A. Michael Gould, member)
FACILITIES: 840 kHz, 1 kW day/500 W night
FORMAT: Nostalgia
KPGM(AM) Pawhuska (Tulsa), Okla.
PRICE: $100,000
BUYER: Kevin and Dorea Potter (Kevin Potter, owner); owns three other stations, none in this market
SELLER: Pearl Communications Group (Danny L. Hester, president/director)
FACILITIES: 1500 kHz, 500 W
FORMAT: Gospel
WSVS(AM) Crewe, Va.
PRICE: $95,000
BUYER: Gee Communications Inc. (David Gee, president/owner); owns one other station, not in this market
SELLER: Colonial Broadcasting Co. (John Wilson, president)
FACILITIES: 800 kHz, 5 kW day/275 W night
FORMAT: Country
WZZJ(AM) Pascagoula-Moss Point (Biloxi-Gulfport-Pascagoula), Miss.
PRICE: $88,000
BUYER: Flagship Radio Group Inc. (Timothy D. Lee, president); owns no other stations
SELLER: Judah Broadcasting Network Inc. (Kevin Grady)
FACILITIES: 1580 kHz, 5 kW day/51 W night
FORMAT: News/Talk
COMMENT: Price includes assumption of $36,610 back rent owed by seller to Clear Channel Communications for tower site and equipment building.
WBCE(AM) Wickliffe, Ky.
PRICE: $85,200
BUYER: David N. Courtney; owns no other stations
SELLER: WBCE Inc. (Jim Baggett, president)
FACILITIES: 1200 kHz, 1 kW
FORMAT: Gospel
COMMENT: Foreclosure/public auction

INFORMATION PROVIDED BY: BIA Financial Networks' Media Access Pro. Chantilly, Va., www.bia.com

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