News Articles

Deals

9/29/2006 08:00:00 PM Eastern

TVs

WLVI(TV) Cambridge, Mass.
PRICE: $113.7 million
BUYER: Sunbeam Television Corp.
(Edmund Ansin, president)
SELLER: Tribune Co. (Dennis
FitzSimons, president/CEO)
FACILITIES: Ch. 56, 2,240 kW, ant.
1,181 ft.
AFFILIATION: CW
WGFL(TV) High Springs, WYPN(CA) Gainesville,
WMYG(LP) Lake City, W32DI Mayo and W08EA Reddick, Fla.; WTLH(TV) Bainbridge,
WBFL(CA) and WBVJ(LP) Valdosta, Ga.; WPXT(TV) Portland, Maine; W24DB Clarks
Summit, WOLF(TV) Hazleton and WQMY(TV) Williamsport, Pa.; WDSI(TV) Chattanooga,
WPDP(LP) Cleveland, Tenn.

PRICE: $48.456 million
BUYER: CP Media LLC (John Parente,
member)
SELLER: Pegasus Communications Corp.
(Marshall Pagon, chairman/CEO)
FACILITIES: WGFL(TV): Ch. 53, 5,000
kW, ant. 912 ft.; WYPN(CA): Ch. 45, 30 kW, ant. 13 ft.; WMYG(LP): Ch. 11, 3 kW;
W32DI: Ch. 32, 150 kW; W08EA: Ch. 8. 3 kW; WTLH(TV): Ch. 49, 5,000 kW, ant.
1,959 ft.; WBFL(CA): Ch. 13, 0.009 kW, ant. 107 ft.; WBVJ(LP): Ch. 35, 0.439
kW, ant. 114 ft.; WPXT(TV): Ch. 51, 3,020 kW, ant. 919 ft.; W24DB: Ch. 24, 17.5
kW, ant. 1,199 ft.; WOLF(TV): Ch. 56, 1,580 kW, ant. 1,650 ft.; WQMY(TV): Ch.
53, 1,320 kW, ant. 801 ft.; WDSI(TV): Ch. 61, 4,900 kW, ant. 1,214 ft.;
WPDP(LP): Ch. 25, 2.1 kW, ant. -296 ft.
AFFILIATION: WGFL(TV): CBS; WYPN(CA):
UPN; WMYG(LP): Ind.; WTLH(TV): Fox; WBFL(CA): Fox; WBVJ(LP): Fox; WPXT(TV): CW;
W24DB: CW; WOLF(TV): Fox; WQMY(TV): MyNetworkTV; WDSI(TV): Fox; WPDP(LP):
Fox
BROKER: Mid-Market Securities
WTLF(TV) Tallahassee, Fla.; WSWB(TV) Scranton,
Pa.

PRICE: $3.044 million
BUYER: MPS Media (Eugene Brown, sole
member)
SELLER: Mystic Broadcast Group Inc.
(Daniel Duman, president)
FACILITIES: WTLF(TV): Ch. 24, 1,000
kW, ant. 128 ft.; WSWB(TV): Ch. 38, 1,290 kW, ant. 1,263 ft.
AFFILIATION: WTLF(TV): UPN; WSWB(TV):
CW
BROKER: Mid-Market Securities
COMMENT: MPS Media intends to enter
into a joint sales agreement (JSA) with a subsidiary of CP Media.
KMTF(TV) Helena, Mont.
PRICE: $60,000
BUYER: Meridian Communications
(Suzanne Rogers, president/secretary/treasurer)
SELLER: Uhlmann/Latshaw Broadcasting
LLC (Paul Uhlmann, III, president)
FACILITIES: Ch. 10, 217 kW, ant.
2,333 ft.
AFFILIATION: CW
COMMENT: Meridian is exercising its
option to purchase Uhlmann/Latshaw Broadcasting's 51% interest in Rocky
Mountain Broadcasting Co., licensee of KMTF(TV), becoming 100% owner of
RMBC.
WBLU(LP) Lexington, Ky.
PRICE: $500,000
BUYER: Equity Broadcasting Corp.
(Greg Fess, senior VP/COO)
SELLER: Sandra B. Powley
FACILITIES: Ch. 10, 3 kW, ant. 411
ft.
AFFILIATION: MyNetworkTV
WJEA(LP) Charleston, S.C.
PRICE: $400,000
BUYER: Richland LPTV-Charleston LLC
(Dale West, VP)
SELLER: Charles S. Namey
FACILITIES: Ch. 12, 2 kW
AFFILIATION: TLF
W26BV Panama City, Fla.
PRICE: $140,000
BUYER: Breeze Broadcast Corp. LLC
(Baroness Maxine Agasim-Pereira, president)
SELLER: Global Outreach Ministry
Network Inc. (Michael Lee, president)
FACILITIES: Ch. 26, 1 kW
AFFILIATION: Ind.
K20IQ Flagstaff, Ariz.
PRICE: $120,000
BUYER: Una Vez Mas LLC (Randy
Nonberg, COO)
SELLER: Telecom Wireless LLC (Andrew
Cambron, managing member)
FACILITIES: Ch. 20, 10 kW, ant. -141
ft.
W69DH Pensacola, Fla.
PRICE: $37,500
BUYER: Randall & Adrienne
Weiss
SELLER: Global Outreach Ministry
Network Inc. (Michael Lee, president)
FACILITIES: Ch. 46, 115 kW
AFFILIATION: Ind.
KMSX(LP) Redding, Calif.
PRICE: $20,000
BUYER: Randall & Adrienne
Weiss
SELLER: M C Allen Productions Inc.
(Mark Allen, owner)
FACILITIES: Ch. 29, 0.007 kW
WBMS(CA) and W46CW Jackson, WUFX(TV) Vicksburg,
Miss.

PRICE: Undisclosed
BUYER: JW Mississippi LLC (David
Joseph, member/manager)
SELLER: White Knight Broadcasting
(Sheldon Galloway, president/CEO)
FACILITIES: WBMS(CA): Ch. 10, 3 kW,
ant. 89 ft.; W46CW: Ch. 46, 12.6 kW; WUFX (TV): Ch. 35, 5,000 kW, ant. 830
ft.
AFFILIATION: WBMS(CA): Ind.;
WUFX(TV): MyNetworkTV
COMMENT: Mississippi Television LLC,
licensee of WBMS(CA), W46CW and WUFX(TV), is redeeming all of the membership
interests held by Sheldon Galloway in the company. JW Mississippi LLC will then
acquire the membership interests in Mississippi Television LLC.

Combos

WUUS(AM) Rossville (Chattanooga), Ga.; WNGA(FM)
South Pittsburg (Chattanooga), Tenn.; WVGM(AM) Lynchburg and WGMN(AM) Roanoke
(Roanoke-Lynchburg), Va.

PRICE: $2.6 million
BUYER: 3 Daughters Media Inc. (Gary
Burns, president); owns three other stations, including WBLT(AM)
Roanoke-Lynchburg
SELLER: Clear Channel Communications
(John Hogan, CEO, radio)
FACILITIES: WUUS(AM): 980 kHz, 500 W
day/113 W night; WNGA(FM): 97.3 MHz, 16 kW, ant. 856 ft.; WVGM(AM): 1320 kHz, 1
kW day/24 W night; WGMN(AM): 1240 kHz, 1 kW
FORMAT: WUUS(AM): Oldies; WNGA(FM):
Jack; WVGM(AM): Sports/Talk; WGMN(AM): Sports/Talk
BROKER: Jorgenson Broadcast
Brokerage
WCRI(FM) Block Island and WCNX(AM) Hope Valley
(Providence-Warwick- Pawtucket), R.I.

PRICE: $1.6 million
BUYER: Judson Group Inc. (Christopher
Jones, president/secretary/treasurer); owns no other stations
SELLER: Charles River Broadcasting
(Christopher Jones, president)
FACILITIES: WCRI(FM): 95.9 MHz, 6 kW,
ant. 249 ft.; WCNX(AM): 1180 kHz, 2 kW
FORMAT: WCRI(FM): Classical;
WCNX(AM): News
BROKER: Tom McKinley of Media
Services Group
WDMG(FM) Ambrose, WDMG(AM) Douglas, WBHB(AM) and
WRDO(FM)Fitzgerald and WKZZ(FM) Tifton, Ga.

PRICE: $1.5 million
BUYER: Broadcast South LLC (John
Higgs, manager); owns no other stations
SELLER: Black Crow Media Group
(Michael Linn, president)
FACILITIES: WDMG(FM): 97.9 MHz, 4 kW,
ant. 316 ft.; WDMG(AM): 860 kHz, 5 kW; WBHB(AM): 1240 kHz, 1 kW; WRDO(FM): 96.9
MHz, 6 kW, ant. 328 ft.; WKZZ(FM): 92.5 MHz, 21 kW, ant. 361 ft.
FORMAT: WDMG(FM): Classic Hits;
WDMG(AM): Talk; WBHB(AM): Black Gospel; WRDO(FM): Soft Hits; WKZZ(FM): Classic
Hits

FMs

WCNR(FM) Keswick (Harrisonburg),
Va.

PRICE: $2.9 million
BUYER: Saga Communications Inc.
(Edward Christian, president/CEO); owns 87 other stations, none in this
market
SELLER: Force 5 Communications LLC
(Jeffrey Shapiro, managing member)
FACILITIES: 106.1 MHz, 602 W, ant.
1,024 ft.
FORMAT: AAA
BROKER: Richard A. Foreman of Richard
A. Foreman Associates Inc.
COMMENT: Buyer will lend $2.9 million
to seller. At closing, buyer will cancel all seller's outstanding
indebtedness pursuant to the loan agreement. Buyer will immediately operate the
station via LMA.
WGSM(FM) Greensburg (Pittsburgh),
Pa.

PRICE: $2.2 million
BUYER: Renda Broadcasting Corp.
(Anthony Renda, president); owns 24 other stations, including WJAS(AM),
WPTT(AM) and WSHH(FM) Pittsburgh
SELLER: Sheridan Broadcasting (Ronald
Davenport Jr., CEO)
FACILITIES: 107.1 MHz, 3 kW, ant. 482
ft.
FORMAT: AC
BROKER: Media Services Group
WIFX(FM) Jenkins, Ky.
PRICE: $1.5 million
BUYER: AJSPD LLC (Adam Gearheart,
member); owns no other stations
SELLER: Letcher County Broadcasting
Inc. (Ernestine Kincer, president/treasurer)
FACILITIES: 94.3 MHz, 6 kW, ant.
1,345 ft.
FORMAT: Hot AC/CHR
KDCD(FM) and KMDX(FM) San Angelo,
Texas

PRICE: $1.5 million
BUYER: Four R Broadcasting Inc.
(Frank De Francesco, president); owns no other stations
SELLER: Regency Broadcasting Inc.
(Jack Auldridge, president)
FACILITIES: KDCD(FM): 92.9 MHz, 100
kW, ant. 600 ft.; KMDX(FM): 106.1 MHz, 50 kW, ant. 456 ft.
FORMAT: KDCD(FM): Country; KMDX(FM):
Adult Rock
BROKER: Bill Whitley of Media
Services Group

AMs

KJON(AM) Carrollton, KXEB(AM) Frisco (Dallas-Ft.
Worth), and KFNI(AM) Pleasanton (San Antonio), Texas

PRICE: $7.5 million
BUYERS: KJON(AM) and KXEB(AM):
Chatham Hill Foundation Inc. (Joe Thompson Jr., president); owns no other
stations; KFNI(AM): La Promesa Foundation (Leonard Oswald, president); owns
three other stations, none in this market
SELLER: Border Media Partners (Thomas
Castro, president/CEO)
FACILITIES: KJON(AM): 850 kHz, 5 kW;
KXEB(AM): 910 kHz, 1 kW day/500 W night; KFNI(AM): 1380 kHz, 4 kW day/165 W
night
FORMAT: KJON(AM): Tejano; KXEB(AM):
Talk; KFNI(AM): Spanish/Christian
BROKER: American Media Services
LLC
WFNO(AM) Norco (New Orleans), La.
PRICE: $2 million
BUYER: Davidson Media Group LLC
(Peter Davidson, president); owns 43 other stations, none in this market
SELLER: MC Media LLC (William
Metcalf, CEO)
FACILITIES: 830 kHz, 5 kW day/750 W
night
FORMAT: Spanish/Variety
BROKER: The Thorburn Co.

Information provided by: BIA Financial Networks' Media
Access Pro. Chantilly, Va.,
www.bia.com 718-818-2425

Station Sales ScoreCard
Number Value (000) Number Value (000)
2006 YTD* 2005 YTD
Source: BIA Financial Networks
*As of 9/26/06
Television 119 $16,102,079 84 $2,662,439
Radio 788 $5,692,676 884 $2,826,868
September
October