Changing Hands7/29/2001 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 - $0 - 0
FMs - $69,800,000 - 3
AMs - $1,100,000 - 1
Total - $70,900,000 - 4
SO FAR IN 2001
TV/Radio - $200,000,000 - 1
TVs - $470,240,114 - 20
Combos - $2,769,829,820 - 56
FMs - $356,117,555 - 115
AMs - $106,697,311 - 78
Total - $3,902,884,800 - 270
License of WPEZ(FM) Macon/to be Hampton/Atlanta, Ga.
Radio One Inc., Lanham, Md. (Alfred C. Liggins, president/39.1% owner); owns/is buying 34 other FMs and 12 AMs, including WHTA(FM) Fayetteville/Atlanta and WJZZ(FM) (formerly WAMJ) Roswell/Atlanta
US Broadcasting LP, Macon (Doug Grimm, executive vice president); owns WMGB(FM) Jeffersonville/Macon. Note: US will keep WPEZ call letters and format and will move them to WMGB. The format of WMGB, in turn, will be moved to another station to be acquired
107.9 MHz, 100 kW, ant. 690 ft.
KVTT(FM) Dallas/Fort Worth
$5 million (includes station donor list from past two years)
Learning Foundation Inc./James Crystal Holdings Inc., West Palm Beach, Fla. (James C. Hilliard, president); owns/is buying two other FMs and six AMs; has time brokerage agreement with KTKP(AM) Phoenix
Research Educational Foundation Inc., Dallas (Stanley Thomas, secretary); owns KMQX(FM) Springtown/Dallas/Fort Worth and KTPW(FM Sanger/Dallas/Fort Worth
91.7 MHz, 100 kW, ant. 1,099 ft.
John Pierce & Co. LLC (seller)
WSTL(FM) Carlisle/Lexington, Ky.
$4.8 million cash
LM Communications of Kentucky LLC, Lexington (Lynn M. Martin, 99% member); is buying WBTF(FM) Midway/Lexington and WLXO(FM) (formerly WKYI) Stamping Ground/Lexington. Martin also owns four other FMs and one AM, including WGKS(FM) and WLXG(AM) Lexington and WCDA(FM) Versailles/Lexington, and 40% of WCOZ(AM)-WKLC-FM St. Albans, W. Va. Note: WLXO will be sold to meet FCC ownership caps
Mortenson Broadcasting Co., Lexington (Jack Mortenson, president); owns/is buying 12 AMs and five FMs
100.7 MHz, 6 kW, ant. 269 ft.
KWAB Boulder, Colo.
Public Broadcasting of Colorado Inc., Denver (Max Wycisk, president); owns one other AM and six FMs, all Colorado
Working Assets Funding Service Inc., San Francisco (Michael Hall Kieschnick, president); no other broadcast interests. Note: Working Assets paid $575,000 for KWAB in 1999
1490 kHz, 1 kW
Kempff Communications Co. was the broker for the $135,000 sale of WTAL(AM) Tallahassee, Fla., by Rebus Inc. to Unique Broadcasting LLC (Changing Hands, July 9).