Deals12/08/2006 07:00:00 PM Eastern
W43CB Matecumbe, Fla.
PRICE: $2.45 million
BUYER: Ministerio Oscar Aguero Inc. (Oscar Aguero, president)
SELLER: Key Communications of Texas (Jerry Benavides, proprietor)
FACILITIES: Ch. 43, 120.5 kW
COMMENT: In addition to purchase price, buyer will pay an estimated $250,000 for equipment and build-out for the station, not to exceed $350,000.
KKPM(CA) Chico, Calif.
PRICE: $1.5 million
BUYER: Family Stations Inc. (Harold Camping, president/CEO)
SELLER: Narnian Broadcasting (Matt Tuter, secretary)
FACILITIES: Ch. 28, 129 kW
BROKER: Exline Co.
WCTI(TV) New Bern, N.C.
BUYER: Bonten Media Group LLC (Randall Bongarten, president)
SELLER: Newport Broadcasting Inc. (Sandy DiPasquale, president/CEO)
FACILITIES: Ch. 12, 316 kW, ant. 1,933 ft.
BROKER: UBS Securities LLC
COMMENT: The stock of Newport Broadcasting Inc. owned by BlueStone TV Holdings Inc. goes to Bonten Media Group as part of Bonten’s $230 million acquisition of BlueStone.
WEMT(TV) Greeneville, Tenn.; W43BO Marion, Va.
BUYER: Esteem Broadcasting LLC (David Bailey, president)
SELLER: Aurora Broadcasting Inc. (Jeffrey Trumper, president/CEO/treasurer/secretary)
FACILITIES: WEMT(TV) Ch. 39, 3,020 kW, ant. 2,609 ft.; W43BO: Ch. 43, 26.5 kW
AFFILIATION: WEMT(TV) Fox; W43BO: Fox
COMMENT: Buyer is acquiring the stock of Aurora Broadcasting Inc. and will repay outstanding debt estimated at $1.4 million.
K45HY, K63HF and K69IX Lake Charles, La.; K69IY Beaumont, K69JB Corpus Christi, K63GZ Midland, K43IQ San Angelo, K42GO Victoria, Texas
BUYER: Windsong Communications Inc. (C. Dowen Johnson, member)
SELLERs: K42GO, K43IQ, K63GZ, K69IY, K69JB: Lawrence Howard Mintz; K63HF, K69IX: Michael Mintz; K45HY: Sean Mintz
FACILITIES: K45HY: Ch. 45, 4 kW, ant. 397 ft.; K63HF: Ch. 63, 8 kW, ant. 364 ft.; K69IX: Ch. 69, 50.61 kW, ant. 357 ft.; K69IY: Ch. 69, 7 kW, ant. 295 ft.; K69JB: Ch. 69, 4 kW; K63GZ: Ch. 63, 9.5 kW; K43IQ: Ch. 43, 0.90 kW, ant. 190 ft., K42GO: Ch. 42, 9.89 kW, ant. 512 ft.
K64GQ Paris, Texas
BUYER: Randall and Adrienne Weiss
SELLER: Matthew Murillo Jr.
FACILITIES: Ch. 64, 2 kW, ant. 600 ft.
COMMENT: Purchase price is $1 good-faith deposit plus $19,999 cash at closing or conveyance of a quit-claim deed for land owned by buyer in Lake Station, Ind.
K43AG Ridgecrest, Calif.
BUYER: Hispanic Christian Community Network Inc. (Antonio Cesar Guel, president)
SELLER: Kern Educational Telecommunications Consortium (Larry Reider, superintendent)
FACILITIES: Ch. 43, 2.27 kW
KBSC(LP) BROOKINGS, ORE.
BUYER: Fred McCutchan
SELLER: Oregon Coast Media Inc. (Mike McKenzie-Bahr, president)
FACILITIES: Ch. 49, 5.6 kW, ant. 828 ft.
WVAR(AM) Richwood and WAFD(FM) Webster Springs (Elkins-Buckhannon-Weston), W.Va.
PRICE: $1.24 million
BUYER: Summit Media Broadcasting (Nunzio Sergi, president); owns two other stations, WKQV(FM) Richwood and WSGB(AM) and WDBS(FM) Elkins-Buckhannon-Weston
SELLER: J&K Broadcasting Inc. (James Hardman, president)
FACILITIES: WVAR(AM): 600 kHz, 1 kW; WAFD(FM): 100.3 MHz, 35 kW, ant. 594 ft.
FORMAT: WVAR(AM): Country; WAFD(FM): Gospel
WBKX(FM) Fredonia, N.Y.
BUYER: Finger Lakes Radio Group (George Kimble, president); owns eight other stations, none in this market
SELLER: Chadwick Bay Broadcasting Corp. (John Bulmer, president)
FACILITIES: WDOE(AM): 1410 kHz, 1 kW day/500 W night; WBKX(FM): 96.5 MHz, 1 kW, ant. 686 ft.
FORMAT: WDOE(AM): Oldies; WBKX(FM): Country
BROKER: Dick Kozacko of Kozacko Media Services
COMMENT: Bulmer is selling all of the capital stock of Chadwick Bay Broadcasting Corp. to George Kimble and Alan Bishop, owner principals of Finger Lakes Radio Group.
KMTA(AM) and KKRY(FM) Miles City, Mont.
BUYER: Stephen Marks; owns five other stations, none in this market
SELLER: Senger Broadcasting Corp. (Kevin Senger, president)
FACILITIES: KMTA(AM): 1050 kHz, 10 kW; KKRY(FM): 92.3 MHz, 100 kW, ant. 984 ft.
FORMAT: KMTA(AM): Lite AC; KKRY(FM): Country
BROKER: Jerry Johnson of Johnson Communications
COMMENT: Allocation of purchase price: $440,000 to certain secured creditors, $100,00 to Senger Financial Corp. for the studio building, plus, if buyer assigns its rights and interests in KMTA, the amount of one-third the net proceeds of the sale of KMTA.
KANA(AM) and KGLM(FM) Anaconda and KBCK(AM) Deer Lodge, Mont.
BUYER: Butte Broadcasting Inc. (Ronald Davis, president/general manager); owns one other station, not in this market
SELLER: Jim Ray Carroll
FACILITIES: KANA(AM): 580 kHz, 1 kW day/197 W night; KGLM(FM): 97.7 MHz, 3 kW, ant. 984 ft.; KBCK(AM): 1400 kHz, 1 kW
FORMAT: KANA(AM): Oldies; KGLM(FM): Hot AC; KBCK(AM): Country
BROKER: American Media Services LLC
COMMENT: Butte Broadcasting will immediately assign the license of KBCK(AM) to Robert Cummings Toole.
KBTC(AM) and KUNQ(FM) Houston, Mo.
BUYER: Media Professionals Inc. (Rick Vermillion, owner); owns no other stations
SELLER: Metropolitan Radio Group (Mark Acker, president)
FACILITIES: KBTC(AM): 1250 kHz, 1 kW day/51 W night; KUNQ(FM): 99.3 MHz, 30 kW, ant. 604 ft.
FORMAT: KBTC(AM): Country; KUNQ(FM): Country
BROKER: Jamie Rasnick of John Pierce and Co. LLC
KSWD(AM) and KSWD(FM) Seward, Alaska
BUYER: Seward Media Partners LLC (Wolfgang Kurtz, manager); owns no other stations
SELLER: Charles Dunham
FACILITIES: KSWD(AM): 950 kHz, 1 kW; KSWD(FM): 105.9 MHz, 3 kW, ant. -1,312 ft.
FORMAT: KSWD(AM): AC; KSWD(FM): Country
COMMENT: Dunham allows Seward Media Partners unrestricted inspection of the stations and their records and arranges up to 10 days per year of hotel accommodations for any Seward officer to facilitate these visits and inspections while the note remains unpaid.
WCDJ(FM) Truro (Cape Cod), Mass.
BUYER: Dunes 102FM LLC (Thomas Troland, managing director); owns no other stations
SELLER: Truro Wireless Inc. (Karl Nurse, president)
FACILITIES: 102.3 MHz, 340 W, ant. 98 ft.
KLVT(FM) Levelland, Texas
BUYER: Brantley Broadcast Associates LLC (Joan Reynolds, managing member); owns no other stations
SELLER: Paul Beane
FACILITIES: 105.3 MHz, 25 kW, ant. 299 ft.
BROKER: Jim Hoffman of Explorer Communications
KLZY(FM)(CP) Honokaa, Hawaii
BUYER: Kona Coast Radio LLC (Victor Michael Jr., sole member); owns no other stations
SELLER: Chaparral Communications (Jerrold Lundquist, president)
FACILITIES: 102.9 MHz, 100 kW, ant. 468 ft.
KAGT(FM) Abilene, Texas
BUYER: Educational Media Foundation (Richard Jenkins, president); owns 167 other stations, none in this market
SELLER: Gospel Radio Network (Tim Walker, president)
FACILITIES: 90.5 MHz, 100 kW, ant. 315 ft.
BROKER: Patrick Communications
KXIO(FM) Clarksville, Ark.
BUYER: Blaine Leeds; owns no other stations
SELLER: Barnett Broadcasting (Gary Barnett, president)
FACILITIES: 106.9 MHz, 6 kW, ant. 112 ft.
BROKER: Bill Cate of Sunbelt Media
WWIA(FM) Palm Bay (Melbourne-Titusville-Cocoa), Fla.
BUYER: Central Florida Educational Foundation (Jim Hoge, president); owns three other stations, none in this market
SELLER: Victory Christian Academy (Mark Ostrander, president)
FACILITIES: 88.5 MHz, 600 W, ant. 108 ft.
WMIA(AM) Arecibo, P.R.
BUYER: Aerco Broadcasting Corp. (Angel Roman-Lopez, president/secretary); owns two other stations, none in this market
SELLER: Abacoa Radio Corp. (Lirio Pirallo Rivera, president)
FACILITIES: 1070 kHz, 500 W day/3 kW night
KKNS(AM) Corrales (Albuquerque), N.M.
BUYER: El Camino Communications LLC (Victor Camino, managing member); owns no other stations
SELLER: Simmons Media Group Inc. (Craig Hanson, president)
FACILITIES: 1310 kHz, 5 kW day/500 W night
BROKER: Roger Rafson of CMS Station Brokerage
WABA(AM) Aguadilla (Puerto Rico), P.R.
BUYER: Aguadilla Radio and Television Corp. Inc. (Victor Perez, owner); owns no other stations
SELLER: Aguadilla Radio and Television Corp. Inc. (Hector Reichard-Zamora, president)
FACILITIES: 850 kHz, 5 kW day/1 kW night
COMMENT: Hector Reichard-Zamora is selling the stock in Aguadilla Radio and TV Corp. to Victor Perez.
KFEL(AM) Pueblo, Colo.
BUYER: Kansas City Catholic (James O’Laughlin, president/director); owns two other stations, none in this market
SELLER: Wellspring Harvest Ministries Inc. (Allen Bickle, president/director)
FACILITIES: 970 kHz, 3 kW day/184 W night
BROKER: Jamie Rasnick of John Pierce and Co. LLC
WTKI(AM) Huntsville, Ala.
BUYER: Christian Voice of Central Ohio Inc. (Dan Baughman, president); owns six other stations, including WDPT(AM) Huntsville
SELLER: Mountain Mist Media LLC (David Barnhardt, president)
FACILITIES: 1450 kHz, 1 kW
BROKER: Greg Guy of Patrick Communications
WBJX(AM) Racine (Milwaukee-Racine), Wis.
BUYER: El Sol Broadcasting LLC (John Torres, manager); owns no other stations
SELLER: WBJX Inc. (Roberto Jeffers, president)
FACILITIES: 1460 kHz, 500 W day/62 W night
COMMENT: Per court stipulation and order
|Station Sales Scorecard|
|2006 YTD*||2005 YTD|
|Source: BIA Financial Networks
*As of 12/5/06
|Number||Value (000)||Number||Value (000)|
Information provided by: BIA Financial Networks’ Media Access Pro Chantilly, Va.