News Articles

Changing Hands

7/25/2004 08:00:00 PM Eastern

TVs

K54FT New Iberia and K69HD Church Point, La.
PRICE: $1.6 million
BUYER: Communications Corp. of America (Thomas R. Galloway Sr., chairman)
SELLER: Gulf Management II LLC (Ann Maria Mouton, member)
FACILITIES: K54FT: Ch. 55, 7.58 kW; K69HD: Ch. 69, 4.09 kW
WKAG-CA Hopkinsville, Ky.
PRICE: $365,000
BUYER: Owen Broadcasting LLC (Edward L. Owen, managing member)
SELLER: Kentucky New Era Inc. (Charles A. Henderson, president)
FACILITIES: Ch. 43, 17.1 kW, ant. 430 ft.
AFFILIATION: Ind.
K61HP Gainesville, Texas
PRICE: $60,000
BUYER: Iglesia Jesuscristo Es Mi Refugio Inc. (Roberto Gomez, president)
SELLER: John R. Powley (John R. Powley, owner)
FACILITIES: Ch. 61, 150 kW
BROKER: The Proctor Group Inc.

Combos

WDHI(FM) Delhi; WIYN(FM) Deposit (Binghamton); WCHN(AM), WBKT(FM) and WKXZ(FM) Norwich; WZOZ(FM) Oneonta; WDLA(AM); and WDLA(FM) Walton, N.Y.
PRICE: $9.75 million
BUYER: Pilot Group LP (Robert B. Sherman, senior VP); owns six other stations, none in this market
SELLER: BanJo Communications Group (James Johnson, general manager)
FACILITIES: WDHI(FM): 100.3 MHz, 770 W, ant. 643 ft.; WIYN(FM): 94.7 MHz, 770 W, ant. 643 ft.; WCHN(AM): 970 kHz, 1 kW; WBKT(FM): 95.3 MHz, 490 W, ant. 820 ft.; WKXZ(FM): 93.9 MHz, 26 kW, ant. 676 ft.; WZOZ(FM): 103.1 MHz, 2 kW, ant. 361 ft.; WDLA(AM): 1270 kHz, 5 kW day/89 W night; WDLA(FM): 92.1 MHz, 690 W, ant. 656 ft.
FORMAT: WDHI(FM): Oldies; WIYN(FM): Oldies; WCHN(AM): Nostalgia; WBKT(FM): Country; WKXZ(FM): Hot AC; WZOZ(FM): '70s and '80s; WDLA(AM): Nostalgia; WDLA(FM): Country
BROKER: Robert Mahlman of Mahlman Co.
KDLS(AM) and KDLS(FM) Perry (Des Moines), Iowa
PRICE: $750,000
BUYER: American Radio Brokers Inc./SFO (Chester Coleman, president/CEO); owns three other stations, none in this market
SELLER: Perry Broadcasting (Stephen Whitehead, VP/director)
FACILITIES: KDLS(AM): 1310 kHz, 500 W day/300 W night; KDLS(FM): 105.5 MHz, 6 kW, ant. 305 ft.
FORMAT: KDLS(AM): Country; KDLS(FM): Country

FMs

WDOH(FM) Delphos (Lima), Ohio
PRICE: $1.15 million
BUYER: Maverick Media (Gary Rozynek, president/COO); owns 14 other stations, including WLJM(AM), WFGF(FM), WUZZ(FM) and WZOQ(FM) Lima
SELLER: Vogel Roach Corp. (Dave Roach, president/GM)
FACILITIES: 107.1 MHz, 3 kW, ant. 299 ft.
FORMAT: Country
KVMI(FM) Arthur (Fargo-Moorhead), N.D.
PRICE: $1.05 million
BUYER: Media Entertainment Group Inc. (Al Hovland, president); owns no other stations
SELLER: Vision Media Inc. (Jim Babbitt, president)
FACILITIES: 103.9 MHz, 25 kW, ant. 328 ft.
FORMAT: Hot AC
WUIN(FM) Carolina Beach (Wilmington), N.C.
PRICE: $1 million
BUYER: Sea-Comm Inc. (N. Eric Jorgensen, president/ secretary/treasurer); owns four other stations, including WBNE(FM), WBNU(FM), WLTT(FM) and WWTB(FM) Wilmington
SELLER: Ocean Broadcasting LLC (Charles H. Sullivan Jr., manager)
FACILITIES: 106.7 MHz, 6 kW, ant. 341 ft.
FORMAT: Alternative
BROKER: George Reed of Media Services Group
WJLF(FM) Gainesville (Gainesville-Ocala), Fla.
PRICE: $1 million
BUYER: Radio Training Network Inc. (James L. Campbell, president/CEO); owns 13 other stations, including WHIJ(FM) Gainesville-Ocala
SELLER: First Assembly of God (Arnold Lastinger, president/ chairman)
FACILITIES: 91.7 MHz, 2 kW, ant. 400 ft.
FORMAT: Christian Contemporary

AMs

KNWX(AM) Auburn-Federal Way (Seattle-Tacoma), Wash.
PRICE: $6 million
BUYER: Bustos Media Holdings LLC (Amador S. Bustos, owner/ president); owns nine other stations, none in this market
SELLER: Entercom (David J. Field, president/CEO)
FACILITIES: 1210 kHz, 28 kW day/10 kW night
FORMAT: Business News
KIIS(AM) Thousand Oaks, Calif.
PRICE: $800,000
BUYER: Salem Communications Corp. (Edward G. Atsinger III, president/CEO); owns 98 other stations, none in this market
SELLER: Clear Channel Communications (John Hogan, CEO, radio)
FACILITIES: 850 kHz, 500 W day/250 W night
FORMAT: Top 40
BROKER: Gary Stevens of Gary Stevens and Co
WCHL(AM) Chapel Hill (Raleigh-Durham), N.C.
PRICE: $775,000
BUYER: Vilkom Interactive Media LLC (James A. Heavner, member/manager); owns no other stations
SELLER: Curtis Media Group (Donald W. Curtis, president/CEO)
FACILITIES: 1360 kHz, 5 kW day/1 kW night
FORMAT: Oldies/Talk
KXTK(AM) Arroyo Grande (San Luis Obispo), Calif.
PRICE: $700,000
BUYER: Pacific Coast Media LLC (Michael V. Chellsen, manager); owns no other stations
SELLER: Jerry J. Collins
FACILITIES: 1280 kHz, 10 kW day/3 kW night
FORMAT: Sports
WKKX(AM) Wheeling, W.Va.
PRICE: $400,000
BUYER: RCK 1 Group LLC (Robert P. Fitzsimmons, managing member); owns no other stations
SELLER: Scott Radio Group LLC (Thomas S. Anthony, member)
FACILITIES: 1600 kHz, 5 kW day/33 W night
FORMAT: Sports/Talk
KLPW(AM) Union (St. Louis), Mo.
PRICE: $375,000
BUYER: Twenty-One Sound Communications (Randy Wachter, president); owns two other stations, including KNSX(FM) St. Louis
SELLER: Marathon Media Group LLC (Chris Devine, president)
FACILITIES: 1220 kHz, 1 kW day/126 W night
FORMAT: Talk
BROKER: Greg Merrill of Media Services Group
Information provided by: BIA Financial Networks' Media Access Pro Chantilly, Va., www.bia.com

Station Sales Scorecard
2004 YTD* 2003 TOTAL
NUMBER VALUE (000) NUMBER VALUE (000)
Source: BIA Financial Networks *As of 7-21-04
Television 49 $343,588 70 $500,601
Radio 499 $1,070,238 893 $2,339,277

 

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