Transactions: 08-31-07

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950K WLRT-AM Norfolk-Virginia Beach-Newport News (Hampton VA) from Hampton Radio II Inc. (Joseph Russo et al) to Red Zebra Broadcasting License (Norfolk) LLC, a subsidiary of Red Zebra Holdings LLC (Daniel Snyder). 95K escrow, balance in cash at closing less LMA payments. Combo with WXTG-FM Virginia Beach VA. LMA 8/1/07. [File date 8/7/07.]


200K KXTY-FM San Luis Obispo CA (Morro Bay CA) from Salisbury Broadcasting Corporation (Charles H. Salisbury) to Lazer Licenses LLC, a subsidiary of Lazer Broadcasting Corporation (Alfredo Plascencia). Station originally sold to Mapleton Communications with KWWV-FM on 9/8/06; deal to sell it to Local Media LLC was dissolved; Lazer will pay interest accumulated on LM’s escrow deposit plus two payments totaling 200K. Superduopoly with KLMM-FM, KLUN-FM. [File date 8/8/07.]