News Articles

Changing Hands

1/11/2004 07:00:00 PM Eastern

TVs

KSFY-TV Sioux Falls, KABY-TV Aberdeen, KPRY-TV Pierre and K07QL Mitchell, S.D.
PRICE: $16.1 million
BUYER: North Dakota Television LLC (Matthew E. Gormly III, vice president)
SELLER: Raycom Media Inc.
FACILITIES: KSFY-TV: Ch. 13, 316 kW, ant. 2,001 ft.; KABY-TV: Ch. 9, 316 kW, ant. 1,401 ft.; KPRY-TV: Ch. 4, 100 kW, ant. 1,240 ft.; K07QL: Ch. 7, 0.103 kW
AFFILIATION: KSFY-TV: ABC; KABY-TV: ABC; KPRY-TV: ABC

KDMI-TV Des Moines, Iowa
PRICE: $1 million
BUYER: Pappas Telecasting Companies (Harry J. Pappas, president/CEO)
SELLER: Caroline K. Powley
FACILITIES: Ch. 56, 1,000 kW, ant. 1,942 ft.
KVAW-TV Eagle Pass, Texas
PRICE: $300,000
BUYER: Zavaletta Broadcasting Group (Joseph A. Zavaletta, president/CEO)
SELLER: Hispanic TV Network Debtor-in-Possession
FACILITIES: Ch. 16, 12.6 kW, ant. 279 ft.
AFFILIATION: HTV

Combos

WCIL(AM) and WCIL-FM Carbondale, WUEZ-FM Carterville, WXLT-FM Christopher, WOOZ-FM Harrisburg and WJPF(AM) Herrin (Marion-Carbondale), Ill.; KGIR(AM), KZIM(AM) and KEZS-FM Cape Girardeau, KCGQ-FM Gordonville, KMAL(AM) and KLSC-FM Malden, KWOC(AM), KJEZ-FM and KKLR-FM Poplar Bluff, KGKS-FM Scott City, and KSIM(AM) Sikeston, Mo.
PRICE: $43 million
BUYER: Max Media LLC (John Trinder, president/COO); owns 15 other stations, none in this market
SELLER: Zimmer Radio Group (James L. Zimmer, owner)
FACILITIES: WCIL(AM): 1020 kHz, 1 kW; WCIL-FM: 101.5 MHz, 29 kW, ant. 653 ft.; WUEZ-FM: 95.1 MHz, 18 kW, ant. 390 ft.; WXLT-FM: 103.5 MHz, 6 kW, ant. 328 ft.; WOOZ-FM: 99.9 MHz, 32 kW, ant. 620 ft.; WJPF(AM): 1340 kHz, 770 W; KGIR(AM): 1220 kHz, 250 W day/137 W night; KZIM(AM): 960 kHz, 5 kW day/500 W night; KEZS-FM: 102.9 MHz, 100 kW, ant. 948 ft.; KCGQ-FM: 99.3 MHz, 5 kW, ant. 358 ft.; KMAL(AM): 1470 kHz, 1 kW; KLSC-FM: 92.9 MHz, 50 kW, ant. 476 ft.; KWOC(AM): 930 kHz, 5 kW day/500 W night; KJEZ-FM: 95.5 MHz, 100 kW, ant. 410 ft.; KKLR-FM: 94.5 MHz, 100 kW, ant. 807 ft.; KGKS-FM: 93.9 MHz, 17 kW, ant. 407 ft.; KSIM(AM): 1400 kHz, 1 kW
FORMAT: WCIL(AM): News; WCIL-FM: CHR; WUEZ-FM: AC; WXLT-FM: Alternative; WOOZ-FM: Country; WJPF(AM): News/Talk; KGIR(AM): Sports; KZIM(AM): News/Talk; KEZS-FM: Country; KCGQ-FM: Rock; KMAL(AM): News/Talk/Sports; KLSC-FM: Hot AC; KWOC(AM): News/Talk/Sports; KJEZ-FM: Classic Rock; KKLR-FM: Country; KGKS-FM: Hot AC; KSIM(AM): News/Talk/Sports
BROKER: Bill Lytle of Media Services Group
WMEK-FM Auburn, WMTW(AM) Gorham (Portland), WLAM(AM), WTHT-FM Lewiston and WMTW-FM North Windham (Portland), Maine
PRICE: $12 million
BUYER: Nassau Broadcasting Partners LP (Louis Mercatanti Jr., president/chairman); owns 18 other stations, including WBQW-FM Portland
SELLER: WMTW Broadcast Group LLC (David Kaufman, executive VP)
FACILITIES: WMEK-FM: 99.9 MHz, 29 kW, ant. 643 ft.; WMTW(AM): 870 kHz, 10 kW day/1 kW night; WLAM(AM): 1470 kHz, 5 kW day/night; WTHT-FM: 107.5 MHz, 100 kW, ant. 929 ft.; WMTW-FM: 106.7 MHz, 810 W, ant. 623 ft.
FORMAT: WMEK-FM: Hot AC; WMTW(AM): News; WLAM(AM): News; WTHT-FM: Country; WMTW-FM: News
BROKER: Glenn Serafin of Serafin Brothers Inc.
WDAD(AM) and WQMU-FM Indiana, Pa.
PRICE: $3.25 million
BUYER: Renda Broadcasting Corp. (Anthony F. Renda, president); owns 20 other stations, none in this market
SELLER: RMS Media Management Inc. (Richard M Sherry, president/GM)
FACILITIES: WDAD(AM): 1450 kHz, 1 kW; WQMU-FM: 92.5 MHz, 3 kW, ant. 108 ft.
FORMAT: WDAD(AM): Oldies; WQMU-FM: Hot AC
WLIE-FM Golconda, Ill.; WKBG-FM Clinton, WKJM(AM) and WLLE-FM Mayfield, and WDXR(AM) Paducah, Ky.
PRICE: $3.15 million
BUYER: Nininger Stations (W.L. Nininger, president); owns 14 other stations, none in this market
SELLER: Forever Communications Inc. (Christine Hillard, president)
BROKER: Michael J. Bergner of Bergner and Co.
FACILITIES: WLIE-FM: 94.3 MHz, 3 kW, ant. 449 ft.; WKBG-FM: 102.1 MHz, 13 kW, ant. 476 ft.; WKJM(AM): 1320 kHz, 1 kW day/97 W night; WLLE-FM: 94.7 MHz, 32 kW, ant. 443 ft.; WDXR(AM): 1450 kHz, 1 kW day/night
FORMAT: WLIE-FM: Classic Hits; WKBG-FM: Oldies; WKJM(AM): Dark; WLLE-FM: Country; WDXR(AM): Sports

FMs

KCPX-FM Centerville and KOSY-FM Spanish Fork (Salt Lake City-Ogden-Provo), UtahPRICE: $22 million
BUYER: Clear Channel Communications (John Hogan, CEO, radio); owns 1,209 other stations, including KALL(AM), KNRS(AM), KISN-FM, KODJ-FM and KURR-FM Salt Lake City-Ogden-Provo
SELLER: Mercury Broadcasting Co. Inc. (Van Archer, president)
FACILITIES: KCPX-FM: 105.7 MHz, 25 kW, ant. 3,740 ft.; KOSY-FM: 106.5 MHz, 25 kW, ant. 3,740 ft.
FORMAT: KCPX-FM: Alternative/Rock; KOSY-FM: Soft AC
KKHI-FM Laramie (Cheyenne), Wyo.
PRICE: $15 million
BUYER: Newspaper Radio Corp. (Tim Brown, chairman/CEO); owns 11 other stations, none in this market
SELLER: Mountain States Radio Inc. (Victor A. Michael, president)
FACILITIES: 105.5 MHz, 25 kW, ant. 702 ft.
FORMAT: Hot AC
BROKER: Chuck Lontine of Marconi Media Ventures and Jody McCoy of Media Services Group
WXRD-FM Crown Point and WZVN-FM Lowell (Chicago), Ind.
PRICE: $4.9 million
BUYER: Porter County Broadcasting (Leigh Ellis, president); owns two other stations: WAKE(AM) and WLJE-FM Chicago
SELLER: M&M Broadcasting Inc. (Thomas McDermott, owner/president)
FACILITIES: WXRD-FM: 103.9 MHz, 3 kW, ant. 299 ft.; WZVN-FM: 107.1 MHz, 1 kW, ant. 502 ft.
FORMAT: WXRD-FM: Classic Rock; WZVN-FM: AC
KLES-FM Mabton (Yakima), Wash.
PRICE: $1.9 million
BUYER: Moon Broadcasting Corp. (Abel A. De Luna, president); owns 13 other stations, including KMNA-FM Yakima
SELLER: Hunt Broadcasting Inc. (Janice Hunt, manager)
FACILITIES: 98.7 MHz, 12 kW, ant. 873 ft.
FORMAT: Top 40
KZMY-FM Bozeman, Mont.
PRICE: $1.4 million
BUYER: Clear Channel Communications (John Hogan, CEO, radio); owns 1,210 other stations, including KMMS(AM) and –FM Bozeman
SELLER: Spanish Peaks Broadcasting Inc. (Kevin Terry, president)
FACILITIES: 103.5 MHz, 100 kW, ant. 866 ft.
FORMAT: AC
WVKF-FM Bethlehem (Wheeling), W.Va.
PRICE: $1.35 million
BUYER: Keymarket of Pennsylvania/Ohio LLC (Gerald A. Getz, president); owns 12 other stations, including WSTV(AM) and WOMP(AM) and -FM Wheeling
SELLER: Clear Channel Communications (John Hogan, CEO, radio)
FACILITIES: 105.5 MHz, 14 kW, ant. 312 ft.
FORMAT: CHR
KMJY-FM Newport, Wash.
PRICE: $1.3 million
BUYER: Radio Station KMJY (Warner Tillman, managing member); owns no other stations
SELLER: ALC Communications (Thomas G. Hodgins, general partner)
FACILITIES: 104.5 MHz, 930 W, ant. 2,868 ft.
FORMAT: Country
KEUG-FM Cottage Grove (Eugene-Springfield), Ore.
PRICE: $1.02 million
BUYER: McKenzie River Broadcasting (John Q. Tilson III, president); owns three other stations: KKXO(AM), KKNU-FM and KMGE-FM Eugene-Springfield
SELLER: Signal Communications Inc. (Bernie Foster, president)
FACILITIES: 105.5 MHz, 5 kW, ant. 345 ft.
FORMAT: AC/Sports
COMMENT: Initial Signal-to-Alexandra Communications application was amended to show McKenzie as the proposed assignee.
WGOJ-FM Conneaut, Ohio
PRICE: $750,000
BUYER: Developing Radio LLC (Lawrence Weiss, member/ manager); owns no other stations
SELLER: Bible Broadcasting Inc. (Roger Hogle, president)
FACILITIES: 105.5 MHz, 6 kW, ant. 295 ft.
FORMAT: Christian
COMMENT: Bible Broadcasting and Developing Radio are exchanging stations. Developing Radio's WWOW-AM Conneaut is being donated to Bible Broadcasting.

AMs

KRVA(AM) Cockrell Hill (Dallas-Ft. Worth), Texas
PRICE: $3.5 million
BUYER: Mortenson Broadcasting Co. Inc. (Jack Mortenson, president); owns 13 other stations, including KGGR(AM), KHVN(AM), KNAX(AM) and KTNO(AM) Dallas-Ft. Worth
SELLER: Entravision Communications Co. LLC (Walter Ulloa, chairman/CEO)
FACILITIES: 1600 kHz, 5 kW day/930 W night
FORMAT: Spanish/Variety
BROKER: John Pierce of John Pierce and Co.
WMCW(AM) Harvard (Chicago), Ill.
PRICE: $650,000
BUYER: Kovas Communications (Frank Kovas, president/director); owns four other stations, including WCGO(AM), WKKD(AM) and WONX(AM) Chicago
SELLER: WPW Broadcasting Inc. (David Madison, president/CEO)
FACILITIES: 1600 kHz, 500 W day/18 W night
FORMAT: Full Service

Station Sales Scorecard
2003 YTD* 2002 Total
Number Value (000) Number value (000)
Television 69 $498,876 93 $2,493,292
Radio 892 $2,418,814 810 $5,383,931
Source: BIA Financial Networks
*Through 12/23/03

Information provided by: BIA Financial Networks' Media Access Pro Chantilly, Va., www.bia.com

September
October