Changing Hands8/05/2001 08:00:00 PM Eastern
By dollar volume and number of sales; does not include mergers or acquisitions involving substantial non-station assets
TV/Radio - $0 - 0
TVs - $0 - 0
Combos - $5,350,000 - 3
FMs - $700,000 - 1
AMs - $675,000 - 1
Total - $6,725,000 - 5
SO FAR IN 2001
TV/Radio - $200,000,000 - 1
TVs - $470,240,114 - 20
Combos - $2,775,179,820 - 59
FMs - $356,817,555 - 116
AMs - $107,372,311 - 79
Total - $3,909,609,800 - 275
KJSK(AM)-KLIR(FM) Columbus/Lincoln, Neb.
$2.7 million (includes five-year noncompete agreement)
Three Eagles Communications Inc., Lincoln (Rolland C. Johnson, president); owns 20 other FMs and 13 other AMs, including KTTT(AM)-KKOT(FM) Columbus, KZEN(FM) Central City/Columbus and KFOR(AM)-KFRX(FM) and KLMS(AM)-KRKR(FM) Lincoln, Neb. Johnson and wife Paula A. co-own KVRH-AM-FM Salida, Colo.
Heartland Broadcasting Inc., Columbus (Leslie A. Bebee, owner); no other broadcast interests
AM: 900 kHz, 1 kW day, 66 W night; FM: 101.1 mHz, 100 kW, ant. 760 ft.
AM: news/talk, farm; FM: AC
David Gardner (to be paid $100,000)
WDKD(AM)-WWKT-FM Kingstree/Florence, S.C.
A&D Broadcasting Inc., Florence (co-owners Frank H. Avent, president, and William Duncan, vice president/secretary); owns two other FMs and one other AM, all S.C.
Davidson Communications Inc., Kingstree (Don H. Laduke, president); no other broadcast interests
AM: 1310 kHz, 5 kW day, 67 W night; FM: 99.3 mHz, 22 kW, ant. 354 ft.
AM: real country; FM: classic R&B
WCMP-AM-FM Pine City, Minn. (near Minneapolis/St. Paul)
$1.25 million (includes five-year noncompete agreement)
Quarnstrom Media Group LLC, Colquet, Minn. (Alan R. Quarnstrom, president). Alan Quarnstrom owns five other FMs and four other AMs, all Minn.
Pine City Broadcasting Co. Inc., Duluth, Minn. (principal shareholders Pat McNulty, president, and Ken Buehler); no other broadcast interests
AM: 1350 kHz, 1 kW day; FM: 100.9 mHz, 25 kW, ant. 300 ft.
AM: news, information; FM: contemporary country, sports, news
KALS(FM) Kalispell, Mont.
Kalispell Christian Radio Fellowship Inc., Havre, Mont. (Brent Schellin, chairman). Fellowship's board is also board of Hi-Line Radio Fellowship Inc., which owns five FMs, all Mont.
Bruce L. Erickson (67% owner) and Bradley A. Rauch (33% owner), Kalispell; no other broadcast interests
97.1 mHz, 26 kW, ant. 2,488 ft.
Format: Christian, AC
WPWA Chester, Pa.
Mount Ocean Media LLC, W. Caldwell, N.J. (Rev. Sun Young Joo, president/51% owner)
CRN Licenses LLC, Orange, Calif. (William Agee, president)
1590 kHz, 3.2 kW day, 1 kW night
Media Services Group Inc. (seller)