Jabella Parts Ways With a Champion
Two hours to the east of downtown Dallas is a small town with the name of a big Steel Belt city. It's home to a 450-watt Class A noncomm known for its Spanish-language programming, branded as "La Campeona." The station has just been sold, and it's the deal of the day for TRANSACTIONS TODAY.
EMF Moves Forward With West-of-Chicago Buy
In June 2017, rumors hit RadioDiscussions.com surrounding the fate of a Class B facility that reaches the far-western suburbs of Chicago and Rockford, Ill., to the northwest of the Loop. Was Educational Media Foundation purchasing this station? It turns out the rumors were true.
Lee Lassoes Cochise FM; ‘Ham’ Takes ‘Tiger’
A Kentucky 'Tiger' has been sold to a 'Ham' of an operator. A licensee led by Ted Tucker is parting ways with an Idaho FM, following this entity's May 2017 Consent Decree with the FCC to resolve a matter involving the failure to operate stations in Arizona for more than a handful of days over a period of several years. These are the two deals described in detail in TRANSACTIONS TODAY.
In Long-Expected Move, ‘La Campesina’ Sold In Phoenix
Earlier this year, the Cesar Chávez Foundation — operator of the regional Mexican “La Campesina" network forked over a hefty check to the U.S. Treasury as part of a Consent Decree with the FCC. This resolved, without guilt, some serious underwriting violations at a Class C1 noncomm FM serving the Valley of the Sun. That property has now been sold, in a deal that saw Kalil & Co. serve as the broker.
TSE Turn: This Bird Has Flown
There's a Class C3 FM in Michigan's Upper Peninsula offering "Classic Hits at random." Will that format continue? It's all up to the company that has just acquired this property.
Pair Of DC-Area AMs Sold
Potomac Radio LLC and New World Radio have teamed to sell their respective AM radio stations in the National Capital Region, in a deal brokered by Kalil & Co.
North-of-Houston Translator Trades Hands
Is there autumn ennui among deal makers ahead of the 2018 Radio Show in Orlando, which begins Sept. 25? There's not much going on in the media universe right now, aside from a sale here and a cluster deal there. In today's TRANSACTIONS TODAY, we find an FM translator in Texas changing hands.
An Idaho Bridge Is Spun
Did you know that, until now, the Idaho Conference of Seventh-Day Adventists owned a 'Bridge' in the state famous for its potato farms? This audio connector has just been sold, and it's the subject of TRANSACTIONS TODAY for Sept. 17, 2018.
West Virginia LPTV Taken By TTV
A low-power TV station serving the seat of Harrison County, W. Va., has just been sold to a West Virginia-based operator. It's the lone deal up for discussion in TRANSACTIONS TODAY for Sept. 14, 2018.
Broken Bell: Carolina AM Station Deal Craters
The acquisition of a Class C AM radio station in Roanoke Rapids, Va., from Jimmy Johnson’s Johnson Broadcast Ventures, has been scrapped. What happened? The intended buyer is in default on a promissory note, and in lieu of a foreclosure auction, the transaction has been cancelled.
A Prairie Home For UND Stations
The University of North Dakota has opted to sell its big Class C2 NPR affiliate in Grand Forks, N.D.; a Class A also licensed to the city, and an FM translator covering a town in Minnesota. Who's the buyer? An entity already quite familiar with the three FM facilities.
Next Radio Buys A Lone Star FM
No, Paul Brenner and Jeff Smulyan aren't adding a new dimension to the TagStation LLC-owned NextRadio smartphone app. It turns out that there's a Next Radio LLC out there, and this Florida-based entity has just acquired a Class A FM in Texas. It's the top item of business in TRANSACTIONS TODAY for September 12, 2018.
Ted Tucker’s Big Hit: ‘Good Music’ For Cochise
Ted Tucker is a principal in six different licensees of radio stations across the Mountain West. Among these entities is Cochise Media Licenses, which in May 2017 entered into Consent Decrees with the FCC to resolve a matter involving the failure to operate stations in Arizona for more than a handful of days over a period of several years. Now, another entity led by Tucker is a buyer.
Indiana FM Sells For $725K
Anderson University, Inc. and Educational Media Foundation have agreed on the sale of radio station WQME(FM) in Anderson, Indiana, for $725,000. The agreement date was August 27, 2018.
Bay Bye-Bye Gives Fitch-Led Group An FM
To the southeast of Washington, D.C. is Maryland's Eastern Shore, and the Salisbury-Ocean City, Md., market. It is here that a Class A FM is trading hands. The party buying it? It's led by a communications law attorney who is also a minority partner in one Maryland entity and a majority partner in a holding company comprised of three stations spread across the U.S.