Deals
By BIA Financial Networks -- Broadcasting & Cable, 5/9/2005
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TVs
K58HQ St George, Utah
PRICE: $4,000
BUYER: Brady Broadcasting (William G. Brady, owner)
SELLER: ESI Broadcasting Corp. (Mike Stocklin, president/director)
FACILITIES: Ch. 58, 8 kW, ant. 2,056 ft.
Combos
WMTN(AM) and WMXK(FM) Morristown, Tenn.
PRICE: $1.1 million
BUYER: East Tennessee Radio Group LP (Paul G Fink, president/GP); owns three other stations, none in this market
SELLER: Horne Radio LLC (Nick W. Drewry, chief manager)
FACILITIES: WMTN(AM): 1300 kHz, 5 kW day/96 W night; WMXK(FM): 94.1 MHz, 920 W, ant. 771 ft.
FORMAT: WMTN(AM): Soft AC/Oldies; WMXK(FM): AC
BROKER: Todd Fowler of American Media Services LLC
KOZQ(AM) and KFBD(FM) Waynesville, Mo.
PRICE: $450,000
BUYER: Viper Communications Inc. (Kenneth W. Kuenzie, president); owns three other stations, none in this market
SELLER: Fidelity Broadcasting Inc. (John T. Davis, president/director)
FACILITIES: KOZQ(AM): 1270 kHz, 500 W; KFBD(FM): 97.9 MHz, 10 kW, ant. 515 ft.
FORMAT: KOZQ(AM): Talk; KFBD(FM): Country
FMs
KBRU(FM) Fort Morgan, Colo.
PRICE: $15.5 million
BUYER: Denver Radio Co. LLC (Luis G. Nogales, CEO); owns one other station, not in this market
SELLER: Hunt Broadcasting Inc. (Janice Hunt, president)
FACILITIES: 101.5 MHz, 92 kW, ant. 2,038 ft.
FORMAT: AC
KSIR(FM) Bennett (Denver-Boulder), Colo.
PRICE: $14 million
BUYER: Denver Radio Co. LLC (Luis G. Nogales, CEO); owns one other station, not in this market
SELLER: KKDD(FM) Broadcasters (Robert D. Zellmer, general partner)
FACILITIES: 107.1 MHz, 97 kW, ant. 2,047 ft.
FORMAT: Dark
WHTF(FM) Havana, WEGT(FM) Lafayette, WAIB(FM) and WUTL(FM) Tallahassee, Fla.
PRICE: $12.5 million
BUYER: Opus Media Partners LLC (Richard Linhart, chairman); owns seven other stations, none in this market
SELLER: Triad Broadcasting Co. (David J. Benjamin, president)
FACILITIES: WHTF(FM): 104.9 MHz, 50 kW, ant. 492 ft.; WEGT(FM): 99.9 MHz, 6 kW, ant. 295 ft.; WAIB(FM): 103.1 MHz, 42 kW, ant. 541 ft.; WUTL(FM): 106.1 MHz, 6 kW, ant. 328 ft.
FORMAT: WHTF(FM): CHR; WEGT(FM): Oldies; WAIB(FM): Country; WUTL(FM): Classic Rock
BROKER: Media Venture Partners
COMMENT: Opus started operating the station under an LMA on May 1.
KABL(FM) Walnut Creek (San Francisco), Calif.
PRICE: $7 million
BUYER: Coast Radio Co. Inc. (John Levitt, president); owns two other stations, KKIQ(FM) and KUIC(FM) San Francisco
SELLER: Chase Radio Partners (Van H. Archer III, operating manager)
FACILITIES: 92.1 MHz, 3 kW, ant. 79 ft.
FORMAT: Adult Standard
BROKER: Media Venture Partners and Jorgenson Broadcast Brokerage
COMMENT: Purchase price includes compensation for the cost to buy out the station's representation agreement with Katz.
WBEC(FM) Pittsfield, Mass.
PRICE: $7 million
BUYER: Pamal Broadcasting Ltd (James Morrell, chairman/CEO); owns 25 other stations, none in this market
SELLER: Vox Media Corp. (Bruce G. Danziger, president)
FACILITIES: 105.5 MHz, 950 W, ant. 591 ft.
FORMAT: Hot AC
BROKER: Richard A. Foreman of Richard A. Foreman Associates Inc.
WMIO(FM) Cabo Rojo (Puerto Rico), P.R.
PRICE: $3.25 million
BUYER: UNO Radio Group (Jesus M. Soto, CEO/owner); owns 13 other stations: WCMN(AM), WORA(AM), WPRP(AM), WLEO(AM), WUNO(AM), WNEL(AM) and (FM), WFDT(FM), WFID(FM), WIVA(FM), WPRM(FM), WRIO(FM) and WZAR(FM) Puerto Rico
SELLER: Bestov Broadcasting Inc. (Alan Mejia, president)
FACILITIES: 102.3 MHz, 3 kW, ant. 781 ft.
FORMAT: Spanish/Urban CHR
WSIG(FM) Mount Jackson (Harrisonburg), Va.
PRICE: $2 million
BUYER: Vox Media Corp. (Bruce G. Danziger, president); owns 12 other stations, including WZXI(FM) Harrisonburg
SELLER: Force 5 Communications Inc. (Jeffrey D. Shapiro)
FACILITIES: 96.9 MHz, 4 kW, ant. 725 ft.
FORMAT: Country
BROKER: Richard A. Foreman of Richard A. Foreman Associates
WZXI(FM) Buffalo Gap (Harrisonburg), Va.
PRICE: $900,000
BUYER: Vox Media Corp. (Bruce G. Danziger, president); owns 12 other stations, including WSIG(FM) Harrisonburg
SELLER: Easy Radio Inc. (Jason Cave, president)
FACILITIES: 95.5 MHz, 6 kW, ant. 308 ft.
FORMAT: News/Talk
BROKER: Zoph Potts of Snowden Associates
WHTO(FM) Iron Mountain, Mich.
PRICE: $650,000
BUYER: Results Broadcasting Inc. (Bruce Grassman, president); owns nine other stations, including WJNR(FM) Iron Mountain
SELLER: Great Lakes Radio Inc. (Todd S. Noordyk, president/director)
FACILITIES: 106.7 MHz, 2 kW, ant. 623 ft.
FORMAT: '80s Hits
KIXT(FM)(CP) Bay City, Ore.
PRICE: $150,000
BUYER: Tom Hodgins; owns three other stations, none in this market
SELLER: Horizon Broadcasting Group LLC (Keith Shipman, CEO/president)
FACILITIES: 96.3 MHz, 430 W, ant. 1,198 ft.
FORMAT: CP–NOA
AMs
KSON(AM) San Diego
PRICE: $4.85 million
BUYER: Multicultural Radio Broadcasting Inc. (Arthur Liu, president); owns 44 other stations, none in this market
SELLER: Jefferson-Pilot Communications Co. (Clarke Brown Jr., president, radio division)
FACILITIES: 1240 kHz, 1 kW
FORMAT: Country
COMMENT: LMA payments to seller prior to closing will be subtracted from purchase price.
WMDB(AM) Nashville, Tenn.
PRICE: $1.6 million
BUYER: Davidson Media Group LLC (Peter Davidson, president); owns 22 other stations, including WNSG(AM) Nashville
SELLER: Babb Broadcasting Co. (Morgan Babb, president)
FACILITIES: 880 kHz, 3 kW
FORMAT: Urban AC/Gospel
BROKER: John Pierce of John Pierce and Co.
WXNC(AM) Monroe (Charlotte-Gastonia), N.C.
PRICE: $1.15 million
BUYER: Norsan Consulting and Management Inc. (Norberto Sanchez, president); owns five other stations, including WGSP(AM) Charlotte-Gastonia
SELLER: Geddings and Phillips Broadcasting Corp. (Kevin L. Geddings, president)
FACILITIES: 1060 kHz, 4 kW
FORMAT: Talk
BROKER: Stan Raymond of Stan Raymond and Associates Inc. and Terry Greenwood of TAG Media Consulting
WLYC(AM) Williamsport, Pa.
PRICE: $75,000
BUYER: Sentry Communications License LLC (Jeffrey Andrulonis, member/manager); owns no other stations.
SELLER: James R. McKowne
FACILITIES: 1050 kHz, 1 kW day/30 W night
FORMAT: Sports
Information provided by: BIA Financial Networks' Media Access Pro. Chantilly, Va., www.bia.com
