News Articles

Changing Hands

9/26/2004 08:00:00 PM Eastern

TVs

KOHC(LP) Oklahoma City
PRICE: $590,000
BUYER: Sunshine State Television Networks Inc. (Jorge Rossi, president)
SELLER: Tiger Eye Broadcasting Corp. (John N. Kyle II, president/CEO)
FACILITIES: Ch. 38, 50 kW, ant. 233 ft.
KNEX(LP) Laredo, Texas
PRICE: $300,000
BUYER: Border Media Partners LLC (Thomas H. Castro, president/CEO)
SELLER: LocalOne TV LP (James L. Anderson, president and general partner)
FACILITIES: Ch. 55, 9.56 kW
K69IS Idaho Falls and W64FX Twin Falls, Idaho; K30HP, K45HF and K64GJ Lawton, Okla.; K36GZ and K68GK Wichita Falls, Texas; K16FZ Cedar City, Utah
PRICE: $157,500
BUYER: Equity Broadcasting Corp. (Steven Soldinger, VP, television)
SELLERs: K16FZ, K36GZ, K64GJ, K68GK and K69IS: Michael Mintz; K30HP and K45HF: Laurie Mintz; W64FX: Howard Mintz
FACILITIES: K69IS: Ch. 69, 5 kW, ant. –22 ft.; W64FX: Ch. 64, 14.56 kW; ant. 219 ft.; K30HP: Ch. 30, 6 kW, ant. 548 ft.; K45HF: Ch. 45, 10.91 kW; K64GJ: Ch. 64, 21.83 kW, ant. 260 ft.; K36GZ: Ch. 36, 2.5 kW, ant. 339 ft.; K68GK: Ch. 68, 21.23 kW, ant. 339 ft.; K16FZ: Ch. 16, 3.79 kW, ant. –549 ft.
W53CG Vidalia, Ga.
PRICE: $7,000
BUYER: ETC Communications Inc. (Karen L. Snead, executive VP/CFO)
SELLER: Trinity Broadcasting Network (Paul F. Crouch, president)
FACILITIES: Ch. 53, 2 kW
AFFILIATION: TBN

Combos

KTNZ(AM) and KBZD(FM) Amarillo, KQFX(FM) Borger (Amarillo), KLTG(FM) Corpus Christi, KGRW(FM) Friona, KLHB(FM) Odem, KMJR(FM) Portland, and KOUL(FM) Sinton (Corpus Christi), Texas
PRICE: Undisclosed
Terms: Reorganization
BUYER:Tejas Broadcasting LLP (James Anderson, general partner); owns no other stations
SELLER: Amigo Broadcasting LP (James Anderson, CEO)
FACILITIES: KTNZ(AM): 1010 kHz, 5 kW day/500 W night; KBZD(FM): 99.7 MHz, 22 kW, ant. 351 ft.; KQFX(FM): 104.3 MHz, 100 kW, ant. 574 ft.; KLTG(FM): 96.5 MHz, 97 kW, ant. 955 ft.; KGRW(FM): 94.7 MHz, 50 kW, ant. 492 ft.; KLHB(FM): 98.3 MHz, 50 kW, ant. 433 ft.; KMJR(FM): 105.5 MHz, 2 kW, ant. 354 ft.; KOUL(FM): 103.7 MHz, 100 kW, ant. 951 ft.
FORMAT: KTNZ(AM): Mexican; KBZD(FM): Tejano; KQFX(FM): Mexican; KLTG(FM): Hot AC; KGRW(FM): Mexican; KLHB(FM): Tejano; KMJR(FM): Mexican; KOUL(FM): Country
COMMENT: Eight retained Amigo stations assigned to reorganized company after sale of remaining stations to BMP.
KGEO(AM) and KGFM(FM) Bakersfield and KKAL(FM) Paso Robles (San Luis Obispo), Calif.
PRICE: Undisclosed
BUYER: American General Media (L. Rogers Brandon, vice president); owns 28 other stations, including KBID(AM), KERI(AM), KERN(AM), KISV(FM) and KRFR(FM) Bakersfield and KIQO(FM), KKJG(FM) and KZOZ(FM) San Luis Obispo
SELLER: Lagniappe Broadcasting Inc. (Rogers Brandon, president)
FACILITIES: KGEO(AM): 1230 kHz, 1 kW; KGFM(FM): 101.5 MHz, 7 kW, ant. 1,299 ft.; KKAL(FM): 92.5 MHz, 5 kW, ant. 1,486 ft.
FORMAT: KGEO(AM): Talk/ Sports; KGFM(FM): Soft Rock; KKAL(FM): Hot AC
COMMENT: Part of a company reorganization
WDHI(FM) Delhi; WIYN(FM) Deposit (Binghamton); WCHN(AM), WBKT(FM) and WKXZ(FM) Norwich; WZOZ(FM) Oneonta; and WDLA(AM) and WDLA(FM) Walton, N.Y.
PRICE: Undisclosed
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.

FMs

KCBZ(FM) Cannon Beach, Ore.
PRICE: $240,000
BUYER: Calcomm Stations Oregon LLC (Cal Brady, managing member); owns no other stations
SELLER: ALC Communications (Thomas G. Hodgins, general partner)
FACILITIES: 94.9 MHz, 16 kW, ant. 351 ft.
FORMAT: AC
BROKER: MCH Enterprises Inc.
WJLR(FM) Seymour, Ind.
PRICE: $150,000
BUYER: Educational Media Foundation (Richard Jenkins, president); owns 108 other stations, none in this market
SELLER: Pieratt Communications Inc. (Marty Pieratt, president)
FACILITIES: 91.5 MHz, 50 kW, ant. 331 ft.
FORMAT: Christian
WZXX(FM) Lawrenceburg, Tenn.
PRICE: $85,000
BUYER: Radio Assist Ministry Inc. (Clark Parrish, president); owns four other stations, none in this market
SELLER: WAY FM Media Group Inc. (Robert D. Augsburg, president)
FACILITIES: 88.5 MHz, 300 W, ant. 276 ft.
FORMAT: Christian/Modern Rock
NEW (FM)(CP) Brush, Colo.
PRICE: $25,000
BUYER: WAY FM Media Group Inc. (Robert D. Augsburg, president); owns 13 other stations, none in this market
SELLER: Broadcasting For The Challenged Inc. (George S. Flinn Jr., president)
FACILITIES: 89.5 MHz, 6 kW
FORMAT: CP—NOA
KCLN(AM) and KZEG(FM) Clinton and KWPC(AM) and KWCC(FM) Muscatine, Iowa; WLMD(FM) Bushnell, WBYS(AM) and WBYS(FM) Canton (Peoria), WLBK(AM) DeKalb, WAIK(AM) Galesburg, WLRB(AM) and WKAI(FM) Macomb,
WRAM(AM) and WMOI(FM) Monmouth, WPWQ(FM) Mount Sterling, and WKXQ(FM) Rushville, Ill.; KWBZ(FM) Monroe City, Mo.; WSLD(FM) Whitewater, Wis.
PRICE: Undisclosed
BUYER: Prairie Communications LLP (Don Davis, president/CEO); owns no other stations
SELLER: WPW Broadcasting Inc. (David Madison, president/CEO)
FACILITIES: KCLN(AM): 1390 kHz, 1 kW day/91 W night; KZEG(FM): 94.7 MHz, 3 kW, ant. 328 ft.; KWPC(AM): 860 kHz, 250 W day/8 W night; KWCC(FM): 93.1 MHz, 4 kW, ant. 384 ft.; WLMD(FM): 104.7 MHz, 3 kW, ant. 377 ft.; WBYS(AM): 1560 kHz, 250 W; WBYS(FM): 107.9 MHz, 25 kW, ant. 269 ft.; WLBK(AM): 1360 kHz, 1 kW day/24 W night; WAIK(AM): 1590 kHz, 5 kW day/55 W night; WLRB(AM): 1510 kHz, 1 kW; WKAI(FM): 100.1 MHz, 3 kW, ant. 463 ft.; WRAM(AM): 1330 kHz, 1 kW day/50 W night; WMOI(FM): 97.7 MHz, 3 kW, ant. 440 ft.; WPWQ(FM): 106.7 MHz, 25 kW, ant. 328 ft.; WKXQ(FM): 92.5 MHz, 6 kW, ant. 328 ft.; KWBZ(FM): 107.5 MHz, 25 kW, ant. 322 ft.; WSLD(FM): 104.5 MHz, 6 kW, ant. 328 ft.
FORMAT: KCLN(AM): Nostalgia; KZEG(FM): Country; KWPC(AM): News/Talk/AC; KWCC(FM): Country; WLMD(FM): Country; WBYS(AM): Oldies; WBYS(FM): Lite AC; WLBK(AM): Full Service; WAIK(AM): Lite AC; WLRB(AM): Adult Standard; WKAI(FM): Hot AC/CHR; WRAM(AM): Country; WMOI(FM): AC; WPWQ(FM): Oldies; WKXQ(FM): Oldies; KWBZ(FM)Soft AC; WSLD(FM): Country
WKXB(FM) Burgaw and WSFM(FM) Southport (Wilmington), N.C.
PRICE: Undisclosed
BUYER: NextMedia Group (Skip Weller, president/COO); owns 63 other stations, including WMFD(AM), WAZO(FM) and WRQR(FM) Wilmington
SELLER: Sea-Comm Inc. (N. Eric Jorgensen, president/secretary/treasurer)
FACILITIES: WKXB(FM): 99.9 MHz, 100 kW, ant. 774 ft.; WSFM(FM): 107.5 MHz, 32 kW, ant. 594 ft.
FORMAT: WKXB(FM): Oldies; WSFM(FM): Modern Rock
BROKER: George Reed of Media Services Group

AMs

WTRB(AM) Ripley, Tenn.
PRICE: $265,000
BUYER: West TN Regional Broadcasting Inc. (Phillip Ennis, president); owns no other stations
SELLER: Williams Communications Inc. (Walton E. Williams Jr., president/director)
FACILITIES: 1570 kHz, 1 kW day/53 W night
FORMAT: Country
WION(AM) Ionia, Mich.
PRICE: $127,000
BUYER: Packer Radio WION LLC (James C. Angus, manager); owns no other stations
SELLER: Agricultural Resource Group Inc. (Jeanette Driskoll, president)
FACILITIES: 1430 kHz, 5 kW day/330 W night
FORMAT: Dark
NEW (AM)(CP) Burbank, Wash.
PRICE: $90,000
BUYER: Tom Hodgins; owns two other stations, neither in this market
SELLER: F&L Broadcast Development Corp. (Jerry J. Collins, president/chairman)
FACILITIES: 1560.0 MHz, 50 kW day/1 kW night
FORMAT: CP—NOA
BROKER: MCH Enterprises Inc.
KKXO(AM) Eugene (Eugene-Springfield), Ore.
PRICE: $87,500
BUYER: Churchill Communications LLC (Scott M. Diehl, manager); owns no other stations
SELLER: McKenzie River Broadcasting Co. Inc. (John Q. Tilson III, president)
FACILITIES: 1450 kHz, 1 kW
FORMAT: Nostalgia
WGRP(AM) Greenville, Pa.
PRICE: $50,000
BUYER: Vilkie Communications Inc. (Joseph M. Vilkie, president); owns one other station, not in this market
SELLER: Beacon Broadcasting Inc. (William M. Henry, president)
FACILITIES: 940 kHz, 1 kW
FORMAT: Religion

Station Sales Scorecard
Number value (000) Number value (000)
2004 YTD* 2003 Total
Source: BIA Financial Networks
*As of 9/22/04
Television 62 $393,288 70 $500,601
Radio 655 $1,478,786 881 $2,324,252

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

 

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