Radio and Television Transactions

On Thursday, RBR+TVBR was first to report on a swap of facilities in Scranton involving the owner of an FM operation billed as "GEM 99 & 100." Now, the group led by Benjamin Smith and Kevin Fitzgerald has submitted paperwork with the FCC for its regulatory approval that will give it a "warm" station.

In mid-May, Chelan Valley Media Group revealed that it had found a buyer for its radio stations in eastern Washington, with Greg Guy at Tideline Partners serving as the broker. Now, it can be told how much the company is pocketing from the sale of the properties.

A presently dark FM translator licensed to use a tower on the north side of Scranton, Pa., is being traded by the media company founded and led by Vince Benedetto to a regional media operation under the direction of Managing Member Benjamin Smith.

A Class B AM radio station serving an area of Virginia south of Roanoke is being sold alongside its MHz-band 250-watt companion. Who's the buyer?

It is billed as the home of "Western Montana's Greatest Hits," and is fed by the HD3 signal of a Class C3 FM serving Missoula. Now, it is buying another FM translator that will help the operator cover a greater portion of the market.

Randy Weiss is a digital TV pioneer who as ARK Mediacom Chairman launched the first successful test of an end-to-end 5G Broadcast stream. Now, Weiss through his Edge Spectrum entity has agreed to sell two LPTV properties in West Virginia.

An AM with an FM translator licensed to serve a rural swath of West Virginia above Interstate 64 near New River Gorge National Park is being sold. The new owner will be charged with bringing the facilities back from silence.

A trio of FM radio stations in the Rocky Mountain State are poised to see a change in its owner roster, due to the death of one of its key equity interest holders.

A pair of low-power broadcast TV stations serving the Southernmost Point in the U.S. are being sold to an individual who is all about "Fair Play" — based on the name of her Tallahassee, Fla.-based operation.

He's the General Manager of his family's Milwaukee radio assets. On May 7, he signed off on an asset purchase agreement with an effective date of June 1 that makes Bustos Media — pending FCC approval — the owner of an FM translator that has, until now, served as a competitor.

For 65 years, it has served as the main home for NPR programming along the Wasatch Front. Now, KUER and its parent are agreeing to part ways with an FM translator it has owned and maintained in a rural area of Utah due north of Cedar City and St. George.

Sinclair Television Group is transitioning three long-standing operational relationships into formal ownership through two asset purchase agreements covering a set of Pennsylvania and Florida stations it has managed for more than a decade.

Houston’s first Spanish-language radio station has a new owner, as Texas-based religious broadcaster Iglesia Cristiana Restauracion has agreed to purchase AM radio station KLVL and its associated FM translator from Siga Broadcasting Corporation, pending FCC approval.

Raccoon Valley Radio, a trio of small-market stations serving central Iowa, is changing hands for the first time since 2012. That year, M&H Broadcasting acquired KDLS-AM in Perry, KKRF in Stuart, and KGRA in Jefferson for $525,000. Now, those same stations and two FM translators are fetching a much higher sum.

iHeartMedia's Black Information Network has entered a multi-year collaboration with The Obama Foundation aimed at deepening youth engagement and civic participation. The effort will focus on elevating stories and programs that promote awareness and community impact, including the foundation’s Leaders Program.