News Articles

Deals

10/07/2005 08:00:00 PM Eastern

TVs

KHON(TV) Honolulu, KSNT (TV) Topeka and KSNW(TV)Wichita, Kan; KOIN (TV) Portland, Ore.
PRICE: $259 million
BUYER:: SJL Broadcast Management Corp (Dave McCurdy, VP/CFO/treasurer)
SELLER: Emmis Communications (Jeff Smulyan, president/CEO)
FACILITIES: KHON(TV): Ch. 2, 50 kW, ant. 59 ft.; KSNT (TV): Ch. 27, 1,100 kW, ant. 1,050 ft.; KSNW (TV): Ch. 3, 100 kW, ant. 996 ft.; Ch. 6, 100 kW, ant. 1,749 ft.
KOCV(TV), Odessa, Texas
PRICE: $1
BUYER: Permian Basin Public Telecommunications, Inc. (John James, board president)
SELLER: Ector County Independent School District (Wendell Solis, superintendent)
FACILITIES: Ch. 36, 513 kW, ant. 289 ft.
AFFILIATION: PBS
K21CC Lewiston, Idaho
PRICE: Undisclosed
BUYER: Belo Corp. (Jack Sander, president, media operations)
SELLER: Orchards Community TV Association Inc. (H.V. Yochum, president)
FACILITIES: Ch. 21, 0.18 kW
AFFILIATION: CBS
K45IV Redding, Calif.
PRICE: Undisclosed
BUYER: Marcia Puri (Marcia Puri, owner)
SELLER: Puri Family LP (Harish Puri, partner)
FACILITIES: Ch. 45, 23 kW

FMs

KWDO(FM) Waldo, Ark.
PRICE: $430,000
BUYER: Noalmark Broadcasting Corp. (William C. Nolan Jr., president); owns 16 other stations, none in this market
SELLER: Flinn Broadcasting Corp. (George S. Flinn Jr., president/treasurer)
FACILITIES: 99.1 MHz, 6 kW, ant. 328 ft.
FORMAT: Country
BROKER: Gray Media
KQMO(FM) Shell Knob, Mo.
PRICE: $417,500
BUYER: Falcon Broadcasting Inc. (Dewayne Gandy, president); owns one other station
SELLER: Galen Gilbert, et al (Galen Gilbert, president)
FACILITIES: 97.7 MHz, 2 kW, ant. 558 ft.
FORMAT: Mexican
WBBV(FM) Vicksburg, Miss.
PRICE: $400,000
BUYER: Holladay Broadcasting (Bob Holladay, president); owns 11 other stations, none in this market
SELLER: New South Communications Inc. (Frank Holladay, president)
FACILITIES: 101.3 MHz, 13 kW, ant. 394 ft.
FORMAT: Country
COMMENT: Holladay Broadcasting is purchasing all of the stock of Bishop Broadcasting Inc. (currently 100% owned by New South Radio), licensee of WBBV(FM)
KSSW(FM) Nashville, Tenn.
PRICE: $400,000
BUYER: Family Worship Center Church Inc. (Jimmy Swaggart, president/director); owns 18 other stations, none in this market
SELLER: Don Campbell
FACILITIES: 96.9 MHz, 6 kW, ant. 328 ft.
FORMAT: AC
BROKER: MBT Enterprises Inc.
COMMENT: Buyer will furnish documentation of charitable contribution to its non-profit ministries in an amount equal to the appraised value of the station less total cash purchase price. Charitable contribution is valued at approx. $227,000.
KOTE(FM) Eureka, KAN.
PRICE: $125,000
BUYER: Niemeyer Communications LLC (David Niemeyer, director); owns no other stations
SELLER: Newwood Productions LP (Kris Brown, general partner)
FACILITIES: 93.5 MHz, 3 kW, ant. 322 ft.
FORMAT: Country

AMs

KDJW(AM) Amarillo, Texas
PRICE: $320,000
BUYER: Catholic Radio of the Texas High Plains (Dale Artho, president); owns no other stations
SELLER: Avondale Operating (Ronald Slover, president)
FACILITIES: 1360 kHz, 5 kW day/137 W night
FORMAT: Country
KWAS(AM) Joplin, Mo.
PRICE: $300,000
BUYER: Zimmer Radio Group (James L. Zimmer, owner); owns 15 other stations, including KIXQ(FM), KJMK(FM), KSYN(FM) and KXDG(FM) Joplin
SELLER: New Life Evangelistic Center Inc. (Larry Rice, president)
FACILITIES: 1230 kHz, 1 kW
FORMAT: Christian
COMMENT: Space in station’s studio building will be leased to seller at no charge for up to 12 months from closing date; buyer will provide engineering consulting services to facilitate relocation of seller’s studio for KKLL(AM) Webb City, Mo.
WSOS(AM) St. Augustine Beach (Jacksonville), Fla.
PRICE: $300,000
BUYER: Norsan Consulting and Management Inc. (Norberto Sanchez, president); owns six additional radio stations, including WEWC(AM), WNNR(AM) and WVOJ(AM) Jacksonville
SELLER: 3 Point Media LLC (Bruce Buzil, manager)
FACILITIES: 1170 kHz, 710 W
FORMAT: Hot AC
BROKER: Stan Raymond of Stan Raymond and Associates Inc.

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

Want to read more stories like this?
Get our Free Newsletter Here!
August

Cloud Summit

Raleigh Marriott City Center, Raleigh, NC

October