Register   |  Login Free Newsletter Subscription
Subscribe to B&C Magazine
Email
Print
Reprint
Learn RSS

Deals

By Staff -- Broadcasting & Cable, 7/18/2005

In this story:
TVs
Combos
FMs


TVs
WUPL Slidell, La.
PRICE: $14.5 million
BUYER: Belo Corp. (Jack Sander, president, media operations)
SELLER: CBS/Viacom (Fred Reynolds, president, TV division)
FACILITIES: Ch. 54, 4,370 kW, ant. 699 ft.
AFFILIATION: UPN
KEAP(LP) Eagle Pass, KJST(LP) McAllen, K06MY Rio Grande City and KNHB(LP) Uvalde, Texas
PRICE: $300,000
BUYER: CTV Broadcasting LLC (John A. Orfanos, president)
SELLER: Faith Pleases God Church Corp. (Clark Ortiz, VP)
FACILITIES: KEAP(LP): Ch. 3, 0.034 kW; KJST(LP): Ch. 28, 0.125 kW, ant. 264 ft.; K06MY: Ch. 6, 0.04 kW; KNHB(LP): Ch. 7, 0.108 kW
AFFILIATION: KEAP(LP): HTV; KJST(LP): HTV; KNHB(LP): HTV


Combos
WBVQ(FM) Barrackville (Morgantown-Clarksburg-Fairmont) and WBUC(AM) and WBRB(FM) Buckhannon (Morgantown-Clarksburg-Fairmont), W.Va.
PRICE: $4.27 million
BUYER: Cat Radio Inc. (David A. Raese, owner); owns no other stations
SELLER: Cat Radio Inc. (Richard H. McGraw, president)
FACILITIES: WBVQ(FM): 93.1 MHz, 3 kW, ant. 495 ft.; WBUC(AM): 1460 kHz, 5 kW day/25 W night; WBRB(FM): 101.3 MHz, 50 kW, ant. 492 ft.
FORMAT: WBVQ(FM): Hot AC; WBUC(AM): Classic Hits; WBRB(FM): Country
COMMENT: Richard and Karen McGraw are selling all the stock in Cat Radio Inc. to John and David Raese. To comply with FCC ownership rules, the Raeses will immediately divest WBVQ(FM) to Descendants Trust.
KSNO(FM) Snowmass Village, KBCR(AM) and KBCR(FM) Steamboat Springs, Colo.
PRICE: $2.4 million
BUYER: Radio America Ltd. (William D. Merriam, president); owns no other stations
SELLER: Cool Radio LLC (Thomas P. Dobrez, member)
FACILITIES: KSNO(FM): 103.9 MHz, 6 kW, ant. 325 ft.; KBCR(AM): 1230 kHz, 1 kW; KBCR(FM): 96.9 MHz, 28 kW, ant. 666 ft.
FORMAT: KSNO(FM): AAA; KBCR(AM): Oldies/Sports; KBCR(FM): Country
BROKER: Clifton Gardiner & Co.
WYCK(AM) Plains, WICK(AM) and WWDL(FM) Scranton (Wilkes-Barre–Scranton), Pa.
PRICE: $1.93 million
BUYER: Bold Gold Media Group Inc. (Vince Benedetto, president/secretary/treasurer); owns four other stations, none in this market
SELLER: Douglas Lane
FACILITIES: WYCK(AM): 1340 kHz, 810 W; WICK(AM): 1400 kHz, 1 kW; WWDL(FM): 104.9 MHz, 270 W, ant. 1,093 ft.
FORMAT: WYCK(AM): Oldies; WICK(AM): Oldies; WWDL(FM): AC
COMMENT: Purchase price is payable at closing less total of pre-closing loans by buyer to seller for working capital or pre-TBA debts related to station operation or preservation.
WVOS(AM) and WVOS(FM) Liberty, N.Y.
PRICE: $1.7 million
BUYER: Watermark Communications LLC (Scott Kaniewski, manager); owns one other station, not in this market
SELLER: Mountain Broadcasting Corp. (N.Y.) (Shirley R. Blabey, president)
FACILITIES: WVOS(AM): 1240 kHz, 1 kW; WVOS(FM): 95.9 MHz, 6 kW, ant. 328 ft.
FORMAT: WVOS(AM): Country; WVOS(FM): AC
KNET(AM) and KYYK(FM) Palestine (Tyler-Longview), Texas
PRICE: $1.2 million
BUYER: Tomlinson-Leis Communications LP (Edward B. Tomlinson II, president); owns no other stations
SELLER: Hightower Radio Inc. (Jason Hightower, president/treasurer)
FACILITIES: KNET(AM): 1450 kHz, 630 W; KYYK(FM): 98.3 MHz, 5 kW, ant. 728 ft.
FORMAT: KNET(AM): Spanish AC; KYYK(FM): Country
BROKER: Bill Whitley of Media Services Group


FMs
KADD(FM) Logandale (Las Vegas), Nev.
PRICE: $8 million
BUYER: Simmons Media Group Inc. (G. Craig Hanson, president); owns 22 other stations, none in this market
SELLER: M&M Broadcasting LLC (William E. Fitts, managing member)
FACILITIES: 93.5 MHz, 82 kW, ant. 2,149 ft.
FORMAT: Hot AC
WJYA(FM) Emporia, WJYJ(FM) Fredericksburg, WJCN(FM)(CP) Nassawadox and WPVA(FM) Waynesboro, Va.
PRICE: $8 million
BUYER: Baker Family Stations (Edward A. Baker, president); owns 33 other stations, none in this market
SELLER: CSN International (Charles Smith, president)
FACILITIES: WJYA(FM): 89.3 MHz, 2 kW, ant. 443 ft.; WJYJ(FM): 90.5 MHz, 38 kW, ant. 538 ft.; WJCN(FM): 90.1 MHz, 450 W, ant. 199 ft.; WPVA(FM): 90.1 MHz, 3 kW, ant. 961 ft.
FORMAT: WJYA(FM): Christian Contemporary; WJYJ(FM): Christian Contemporary; WJCN(FM): CP–NOA; WPVA(FM): News
KLRZ(FM) Larose, La.
PRICE: $6.5 million
BUYER: Citadel Broadcasting Corp. (Farid Suleman, chairman/CEO); owns 225 other stations, none in this market
SELLER: Coastal Broadcasting of Larose Inc. (Jerry Gisclair, owner)
FACILITIES: 100.3 MHz, 100 kW, ant. 553 ft.
FORMAT: Folk
BROKER: Michael J. Bergner of Bergner and Co.

Email
Print
Reprint
Learn RSS

Talkback

We would love your feedback!

Post a comment

» VIEW ALL TALKBACK THREADS

Related Content

Related Content

 

By This Author

PRODUCT WIRE




 
Advertisement

More Content

  • Blogs
  • Podcasts
  • Photos

Blogs


Sorry, no blogs are active for this topic.

» VIEW ALL BLOGS RSS

Podcasts

Photos

Advertisements





B&C NEWSLETTERS

Click on a title below to learn more.

Broadcasting & Cable Today
B&C HD Update
B&C Telco IP Update
B&C Local Cable Advertising Sales
B&C Hispanic Television Update
B&C International Update
B&C TechTalk
B&C NewsCentral
©2008 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy
Please visit these other Reed Business sites