News Articles

Deals

2/02/2007 07:00:00 PM Eastern

TVs

KMTV(TV) Omaha, Neb.
Price: See Comment
BUYER:Journal Broadcast Group (Douglas Kiel, vice chairman/CEO)
SELLER:Emmis Communications (Jeff Smulyan, president/CEO)
FACILITIES: Ch. 3, 100 kW, ant. 1,371ft.
AFFILIATION: CBS
COMMENT:Transaction is part of a $235 million deal, filed Aug. 26, 2005, and including KGUN(TV) Tucson, Ariz., and WFTX(TV) Cape Coral, Fla. To comply with FCC ownership rules, Journal Broadcast Group divested radio stations in the Omaha market and has filed a second application for the KMTV license.
KOPE(LP) Tulsa, Okla.
Price: $285,000
BUYER:Las Americas Super­mercado Inc. (Antonio Perez, president)
SELLER: Copeland Broadcasting Corp. (Stephen Copeland, president)
FACILITIES: Ch. 51, 7.15 kW
KSSY(LP) Arroyo Grande, Calif.
PRICE: $240,000
BUYER: Hispanic Christian Community Network (Antonio Cesar Guel, president)
SELLER: Cherie Erwin
FACILITIES: Ch. 20, 20 kW, ant. 220 ft.
BROKER: LPTVStore.com LLC
COMMENT: Price includes $12,000 cost of station construction, $12,000 payment to LPTVStore.com LLC, covering all fees owed by seller.

Combos

KWHF(FM) Harrisburg, KBTM(AM), KNEA(AM) and KFIN(FM) Jonesboro
PRICE: $5 million
BUYER: Bobby Caldwell; owns eight other stations, none in this market
SELLER: Clear Channel (John Hogan, CEO, radio)
FACILITIES:KWHF(FM): 95.9 MHz, 34 kW, ant. 489 ft.; KBTM(AM): 1230 kHz, 1 kW; KNEA(AM): 970 kHz, 1 kW day/41 W night; KFIN(FM): 107.9 MHz, 100 kW, ant. 600 ft.
FORMAT: KWHF(FM): Rock; KBTM(AM): News/Talk/Sports; KNEA(AM): Sports/Talk; KFIN(FM): Country
COMMENT: At closing, buyer and seller will enter into an LMA and an SSA for KIYS(FM) Jonesboro
WTSL(AM) and WGXL(FM) Hanover, WXXK(FM) Lebanon and WVRR(FM) Newport (Lebanon-Rutland-White River Junction), N.H.; WTSM(FM) Springfield and WMXR(FM) Woodstock (Lebanon-Rutland-White River Junction), Vt.
PRICE: $4.8 million
BUYER: Great Eastern Radio LLC (Jeffrey Shapiro, managing member); owns one other station, not in this market
SELLER: Clear Channel (John Hogan, CEO, radio)
FACILITIES:WTSL(AM): 1400 kHz, 1 kW; WGXL(FM): 92.3 MHz, 6 kW, ant. 325 ft.; WXXK(FM): 100.5 MHz, 22 kW, ant. 325 ft.; WVRR(FM): 101.7 MHz, 260 W, ant. 1,116 ft.; WTSM(FM): 93.5 MHz, 1 kW, ant. 472 ft.; WMXR(FM): 93.9 MHz, 670 W, ant. 682 ft.
FORMAT: WTSL(AM): News/Talk/Sports; WGXL(FM): Hot AC; WXXK(FM): Country; WVRR(FM): Modern Rock/Classical Rock; WTSM(FM): News/Talk/Sports; WMXR(FM): Modern Rock/Classical Rock

FMs

WMSR(FM) Collinwood (Florence-Muscle Shoals), Tenn.
PRICE: $1.2 million
BUYER:URBan Radio Broadcasting LLC (Kevin Wagner, president/CEO); owns 12 other stations, including WLAY(AM)/(FM), WMXV(FM) and WVNA(FM) Florence-Muscle Shoals
SELLER:Malkan Broadcast Association (Glen Powers, president)
FACILITIES: 94.9 MHz, 8 kW, ant. 594 ft.
FORMAT: CHR
COMMENT:Buyer currently operates the station under an LMA.
WNNV(FM) San German, P.R.
PRICE: $700,000
BUYER: Gamma Community Services Corp. (Aureo Matos Barreto, owner); owns two other stations, neither in this market
SELLER: West Coast Broadcasting (Aurio Matos Chaparro, president)
FACILITIES: 91.7 MHz, 5 kW, ant. 364 ft.
FORMAT: Spanish/Christian/AC
COMMENT: Purchase price includes $300,000 transfer of property in Mayaguez, P.R.

AMs

WZAZ(AM) Jacksonville, Fla.
PRICE: $1.19 million
BUYER: Titus Harvest Dome Spectrum Church Inc. (Rodney Washington, president/director); owns no other stations
SELLER:Chesapeake-Portsmouth Broadcasting Corp. (Nancy Epperson, president)
FACILITIES: 1400 kHz, 1 kW
FORMAT: Gospel
WEST(AM) Easton (Allentown-Bethlehem), Pa.
PRICE: $1.13 million
BUYER:Matthew Braccili; owns one other station, WHOL(AM) Allentown-Bethlehem
SELLER: Maranatha Broadcasting Co. (Barry Fisher, president)
FACILITIES: 1400 kHz, 1 kW
FORMAT: Adult Standards
NEW (AM)(CP) Baxter, Minn.
PRICE: $600,000
BUYER: Throw Fire Project (Andrew Hilger, president); owns no other stations
SELLER: DeLaHunt Broadcasting (Ed DeLaHunt, owner)
Facilities: 1180 kHz, 5
FORMAT: CP—NOA

Information provided by:

BIA Financial Networks' Media Access Pro, Chantilly, Va.
www.bia.com
703-818-2425

Station Sales Scorecard
Number Value (000) Number Value (000)
Television 15 $622,050 182 $18,142,686
Radio 82 $117,304 2,129 $22,870,412

 

Alert to All Users of the Disqus commenting system:
Because of a recent global security issue, the Disqus website recommends that all users change their Disqus passwords. Here's a URL about the issue:
http://engineering.disqus.com/2014/04/10/heartbleed.html

 

April
May