Deals
By BIA Financial Networks -- Broadcasting & Cable, 10/24/2005
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TVs
KELF(LP) Grove, Okla.
PRICE: Undisclosed
BUYER: Family Media Inc. (Jerry Turner, president)
SELLER: Victory Communications (Bryan Holland, president)
FACILITIES: Ch. 48, 29.6 kW
AFFILIATION: Ind.
WINJ(LP) Columbus, Ohio
PRICE: Undisclosed
BUYER: Central Ohio Association of Christian Broadcasters (Dave Aiken, president)
SELLER: New Life Fellowship Of Churches (Rev. Ella Flowers, president/chief minister)
FACILITIES: Ch. 8, 0.083 kW
K53IL Twin Falls, Idaho
PRICE: $50,000
BUYER: Todd A. Lopes (Todd A. Lopes, owner)
SELLER: Mark Silberman (Mark Silberman, owner)
FACILITIES: Ch. 53, 0.5 kW, ant. 140 ft.
COMMENT: Gary M. Cocola Family Trust is acquiring K53IL in cancellation of $50,000 note and immediately assigning its rights to the station to Todd A. Lopes.
W48DA Marathon, Fla.
PRICE: $15,000
BUYER: Francois Leconte
SELLER: Howard Mintz
FACILITIES: Ch. 48, 9 kW
Combos
KJIN(AM) and KCIL(FM) Houma (New Orleans) and KBZZ(FM) Morgan City and KXOR(FM) Thibodaux, La.
PRICE: $12.5 million
BUYER: Sunburst Media Inc. (John Borders, president/director); owns one other station, none in this market
SELLER: Guaranty Broadcasting Co. LLC (George A. Foster Jr., chairman/president)
FACILITIES: KJIN(AM): 1490 kHz, 1 kW; KCIL(FM): 107.5 MHz, 28 kW, ant. 650 ft.; KBZZ(FM): 96.7 MHz, 12 kW, ant. 476 ft.; KXOR(FM): 106.3 MHz, 25 kW, ant. 328 ft.
FORMAT: KJIN(AM): Sports; KCIL(FM): Country; KBZZ(FM): Easy; KXOR(FM): Classic Rock
BROKER: Thomas Gammon of Americom
WCKC(FM) Cadillac, WCBY(AM) and WGFM(FM) Cheboygan, WGFN(FM) and WJZJ(FM) Glen Arbor (Traverse City-Petoskey), WMIQ(AM) and WIMK(FM) Iron Mountain, WIAN(AM) and WJPD(FM) Ishpeming, WLJZ(FM) Mackinaw City (Traverse City-Petoskey), WDMJ(AM) and WUPK(FM) Marquette, WAVC(FM) Mio, WNGE(FM) Negaunee, WIHC(FM) Newberry, WZNL(FM) Norway, WADW(FM) Pickford, WKNW(AM) Sault Sainte Marie, WYSS(FM) Sault Ste. Marie, and WIDG(AM) and WMKC(FM) St. Ignace (Traverse City-Petoskey), Mich.
PRICE: Undisclosed
BUYER: Northern Star Broadcasting LLC (Palmer Pyle, president/manager); owns no other stations
SELLER: Northern Star Broadcasting LLC (Charles Knight, shareholder)
FACILITIES: WCKC(FM): 107.1 MHz, 3 kW, ant. 482 ft.; WCBY(AM): 1240 kHz, 1 kW; WGFM(FM): 105.1 MHz, 100 kW, ant. 610 ft.; WGFN(FM): 98.1 MHz, 21 kW, ant. 738 ft.; WJZJ(FM): 95.5 MHz, 21 kW, ant. 738 feet; WMIQ(AM): 1450 kHz, 1 kW; WIMK(FM): 93.1 MHz, 100 kW, ant. 591 ft.; WIAN(AM): 1240 kHz, 1 kW; WJPD(FM): 92.3 MHz, 100 kW, ant. 509 ft.; WLJZ(FM): 94.5 MHz, 40 kW, ant. 381 ft.; WDMJ(AM): 1320 kHz, 5 kW day/135 W night; WUPK(FM): 94.1 MHz, 4 kW, ant. 381 ft.; WAVC(FM): 93.9 MHz, 50 kW, ant. 433 ft.; WNGE(FM): 99.5 MHz, 4 kW, ant, 430 ft.; WIHC(FM): 97.9 MHz, 50 kW, ant. 492 ft.; WZNL(FM): 94.3 MHz, 2 kW, ant. 650 ft.; WADW(FM): 105.5 MHz, 100 kW, ant. 253 ft.; WKNW(AM): 1400 kHz, 1 kW day/950 W night; WYSS(FM): 99.5 MHz, 100 kW, ant. 253 ft.; WIDG(AM): 940 kHz, 5 kW day/4 W night; WMKC(FM): 102.9 MHz, 100 kW, ant. 1,102 ft.
FORMAT: WCKC(FM): Classic Rock; WCBY(AM): Nostalgia; WGFM(FM): Classic Rock; WGFN(FM): Classic Rock; WZJZ(FM): Modern Rock; WMIQ(AM): News/Sports/Talk; WIMK(FM): Classic Rock; WIAN(AM): News/Talk/Sports; WJPD(FM): Country; WLJZ(FM): Modern Rock; WDMJ(AM): News/Talk/Sports; WUPK(FM): Classic Rock; WAVC(FM): Country; WNGE(FM): Oldies; WIHC(FM): Classic Rock; WZNL(FM): AC; WADW(FM): Religion; WKNW(AM): Talk; WYSS(FM): Top 40; WIDG(AM): Sports; WKMC(FM): Country
COMMENT: Charles Knight, Louis Smith, Lester Knight and Albert Suter are selling their 53.86% interest in Northern Star Broadcasting to Wade Fetzer, giving him 91.7% equity and votes in the company.
FMs
WDDW(FM) Sturtevant (Milwaukee-Racine), Wis.
PRICE: $10.2 million
BUYER: Bustos Media Enterprises LLC (Amador S. Bustos, owner/president); owns 26 other stations, none in this market
SELLER: NextMedia Group (Skip Weller, president)
FACILITIES: 104.7 MHz, 4 kW, ant. 338 ft.
FORMAT: Spanish/Mexican
COMMENT: Bustos Media will operate the station under an LMA until closing.
KSLK(FM) Visalia (Visalia-Tulare-Hanford), Calif.
PRICE: $2.2 million
BUYER: Moon Broadcasting Corp. (Abel A. De Luna, president); owns 12 other stations, including KMQA(FM) Visalia-Tulare-Hanford
SELLER: New Visalia Broadcasting Inc. (Bob Eurich, president)
FACILITIES: 96.1 MHz, 5 kW, ant. 361 ft.
FORMAT: Spanish AC
BROKER: Media Services Group
INFORMATION PROVIDED BY: BIA Financial Networks' Media Access Pro. Chantilly, Va. www.bia.com
