News Articles

AMs

1/21/2001 07:00:00 PM Eastern

WKOX Framingham/Natick/Boston, Mass.

Price:
$10 million

Buyer:
Clear Channel Communications Inc., San Antonio (L. Lowry Mays, chairman; Randy Michaels, chairman, Clear Channel Radio); owns/is buying 18 TVs and about 1,120

radios, including six FMs and one AM in Boston

Seller:
Fairbanks Communications Inc., West Palm Beach, Fla. (Richard Fairbanks, president); no other broadcast interests

Facilities:
1200 kHz, 10 kW day, 1 kW night

Format:
Spanish

Broker:
Blackburn & Co.

WLVU (formerly WTBL) Dunedin/ Clearwater, Fla.

Price:
$2 million

Buyer:
Starter Enterprises Inc., Atlanta (Bruce Maduri, president); owns nine other AMs

Seller:
Synchronous Media Group Inc., Odessa, Fla. (Mark Jorgenson, president/ owner). Jorgenson owns/is buying eight AMs and seven FMs

Facilities:
1470 kHz, 5 kW day

Format:
Gospel

Broker:
Jorgenson Broadcast Brokerage

KOVO Provo, Utah

Price:
$335,000

Buyer:
Millcreek Broadcasting LLC, Chicago (Christopher F. Devine, principal). Devine, with Bruce Buzil, owns/is buying 36 other AMs and 76 FMs

Seller:
Great Stock Co. of Vast International Import Inc., Provo(Judith W. Grow, principal). Grow also has interest in KRXK(AM) and KGTM(FM) Rexburg, Idaho

Facilities:
960 kHz, 5 kW day, 1080 W night

Format:
Big Band

Broker:
Media Services Inc.

September
October

News Technology Summit

DoubleTree by Hilton Baltimore--BWI Airport, Linthicum, MD