News Articles

Changing Hands

3/03/2002 07:00:00 PM Eastern

TVs

WOWK-TV Huntington, W.Va.

Price:
$40.5 million

Buyer:
Cary Communications (Albert B. Cary, Jr., CEO). Buyer also owns WBOY-TV Clarksburg, W.Va.

Seller:
SJL Communications LP (George Lilly, president)

Facilities:
Ch. 13, 141 kW, ant. 1,270 ft.

Affiliation:
Fox

KXGR-TV Green Valley, Ariz.

Price:
$12.3 million

Buyer:
Univision Communications Inc., the Spanish-language network and No. 7 TV-group owner (A. Jerrold Perenchio, chairman/CEO)

Seller:
Pan(AM)erican Technology Group LLC (Donald E. Ledwig Jr., managing member)

Facilities:
Ch. 46, 68 kW, ant. 3,593 ft.

Affiliation:
Pax

WUHF-TV Rochester, N.Y.

Buyer:
Sinclair Broadcast Group Inc., No. 10 TV-group owner (David D. Smith, President/CEO)

Price:
Assumption of liabilities

Seller:
BS&L Broadcasting (Joseph Koff, president)

Facilities:
Ch. 39, 5,000 kW, ant. 499 ft.

Affiliation:
Fox

Combos

KBMR(AM), KXMR(AM), KQDY-FM and KSSS-FM Bismarck, N.D.

Price:
$4.2 million

Buyer:
James Ingstad; owns three other stations, including KCHK(AM)-FM Minneapolis, but none in this market

Seller:
Anderson Broadcasting Co. Inc. (Dennis Anderson, president)

Facilities:
KBMR(AM): 1130 kHz, 10 kW day; KXMR(AM): 710 kHz, 50 kW day, 4 kW night; KQDY-FM: 94.5 MHz, 100 kW, ant. 1,119 ft.; KSSS-FM: 101.5 MHz, 100 kW, ant. 988 ft.

Format:
KBMR(AM): country; KXMR(AM); news/talk; KQDY-FM: country; KSSS-FM: classic rock

KONA(AM) and KONA-FM Kennewick (Richland-Kennewick-Pasco), Wash.

Price:
$4.13 million

Buyer:
Commonwealth Communications LLC (Dex Allen, president); owns 21 other stations, including KOWL(AM)-KRLT(FM) Sacramento, Calif., but none in this market

Seller:
Dean-Mitchell Inc. (Dean Mitchell, president)

Facilities:
KONA(AM): 610 kHz, 5 kW day, 5 kW night; KONA-FM: 105.3 MHz, 100 kW, ant. 1,139 ft.

Format:
KONA(AM): news/talk/sports; KONA-FM: easy

WCMA(AM) and WADI-FM Corinth, Miss.

Price:
$330,000

Buyer:
Power Valley Communications Inc. (Rick Biddle, president); no other broadcast interests

Seller:
Janice T. Jobe

Facilities:
WCMA(AM): 1230 kHz, 1 kW; WADI-FM: 95.3 MHz, 6 kW, ant. 213 ft.

Format:
WCMA(AM): country; WADI-FM: country

Broker:
Media Services Group

KLTK(AM) and KWMQ-FM South West City, Mo.

Price:
$350,000

Buyer:
Kerm Inc. (Kermit Womack, president); owns three other stations, including KURM(AM) Fayetteville, Ark., but none in this market

Seller:
Drake Communications Inc (Jeffrey M. Hutton, president)

Facilities:
KLTK(AM): 1140 kHz, 200 W; KWMQ-FM: 100.3 MHz, 6 kW, ant. 328 ft.

Format:
KLTK(AM): sports/talk; KWMQ-FM: soft AC/talk

KIDI-FM Guadalupe and KTAP(AM) Santa Maria (Santa Maria-Lompoc), Calif.

Price:
$260,000

Buyer:
Emerald Wave Media (George A. Ruiz, president); no other broadcast interests

Seller:
Palma Ann Case

Facilities:
KIDI-FM: 105.5 MHz, 350 W, ant. 1,342 ft.; KTAP(AM): 1600 kHz, 470 W

Format:
KIDI-FM: Spanish; KTAP(AM): Mexican

FMs

WGVC-FM Newberry (Columbia), S.C.

Price:
$4 million

Buyer:
Barnstable Broadcasting Inc. (Michael Kaneb, president/COO); owns 17 other stations, including WBZO(FM) Nassau-Suffolk, N.Y., but none in this market

Seller:
Sutton Radiocasting Corp. (Douglas M. Sutton Jr., chairman/CEO)

Facilities:
106.3 MHz, 6 kW, ant. 328 ft.

Format:
Rhythmic/oldies

WYNT-FM Upper Sandusky, Ohio

Price:
$825,000

Buyer:
Clear Channel Communications (Randy Michaels, chairman/CEO, Radio); No. 1 radio group owns 1,213 other stations, none in this market

Seller:
US Communications Inc. (Forrest Whitehead, owner)

Facilities:
95.9 MHz, 3 kW, ant. 299 ft.

Format:
AC/country

WFCT-FM Apalachicola, Fla.

Price:
$650,000

Buyer:
Williams Communications Inc. (Walton E. Williams Sr., president); owns three other stations, including WRHY(FM) Centre, Ala., but none in this market

Seller:
Staton Broadcasting Inc. (Cecil P. Staton Jr., president)

Facilities:
105.5 MHz, 50 kW, ant. 328 ft.

Format:
Adult standards

Broker:
Gordon Rice of Gordon Rice Associates

KCGL-FM Powell, Wyo.

Price:
$450,000

Buyer:
Legend Communications LLC (W. Lawrence Patrick, president); owns 11 other stations, including WJEH(AM) Gallipolis, Ohio, but none in this market

Seller:
Powell Broadcasting Inc. (Jan C. Gray, principal)

Facilities:
104.1 MHz, 100 kW, ant. 1,795 ft.

Format:
Classic rock

Broker:
Patrick Communications

AMs

WBLY(AM) Springfield (Dayton), Ohio

Price:
$250,000

Buyer:
Urban Light Ministries Inc (Eli Williams, president); no other broadcast interests

Seller:
Ronald Yontz

Facilities:
1600 kHz, 1 kW day, 34 W night

Format:
Talk

WZNN(AM) Lexington (Florence-Muscle Shoals), Ala.

Price:
$100,000

Buyer:
Manuel Huerta; no other broadcast interests

Seller:
Richard Dabney

Facilities:
620 kHz, 5 kW day, 99 W night

Format:
Sports

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

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