Radio and Television Transactions

As of today, the fast-growing radio station ownership group led by founder Jeff Warshaw has entered the San Francisco-Oakland radio market, adding to assets in San Jose obtained in its debt assumption-driven merger with Alpha Media. Serving as the seller's broker of record is Kalil & Co.

Stephen C. Davenport’s Telesouth Communications owns 14 stations in Mississippi and LMAs three more, but none of them are in the Biloxi-Gulfport-Pascagoula market. But that’s about to change with the acquisition of WOSM-FM Ocean Springs MS.

One Catholic organization in the North Carolina Wilmington is giving WBLP-LP to another Catholic organization....

Party like it's 1982: Radio deal volume in fiscal year 2016 reached $522.6 million.

A Class C1 95kw facility serving the Wichita market created to grow and expand employment opportunities in the radio industry for people who are blind or visually impaired will soon be owned by a Manhattan, Kansas-based media company that recently expanded by acquiring several stations from Alpha Media.

Big Al and the Crimson Tide just gained another FM home to add to their stable in Tuscaloosa. On Maryland's Eastern Shore, an unbuilt LPTV facility is heading to an entity affiliated with the company that's acquiring Saga Communications' television stations. And, Educational Media Foundation is at it again, with another transaction being consummated by the religious noncomm giant. These are the deals featured in RBR+TVBR's TRANSACTIONS TODAY for Friday, May 12.

Has a dark AM station in Shakopee, Minn., on the outskirts of Minneapolis, packed up and moved some 1,800 miles to the Biggest Little City on Earth? Not exactly. But, it has indeed moved to Nevada.

The Adult Alternative format of Northern Kentucky University's WNKU, which airs on three stations in the Cincinnati market, is now officially in jeopardy. That's because the school has agreed to sell the last of the trio of facilities used for WNKU, and the buyer is considering all formats, with revenue and ratings the key criteria.

New Mexico is known as the "Land of Enchantment," and American General Media is certainly enchanted over its acquisition of four FM stations in the state's main DMA. That deal just closed, with Kalil & Co. as the exclusive broker in the transaction, and it's the lone news to report ahead of the 2017 Radio Show in RBR + TVBR's TRANSACTIONS TODAY.

A Channel-Sharing Agreement for a Class A television station licensed to Miami, Fla., that's going away thanks to the FCC's Incentive Auction has been donated to the entity in control of two large PBS member stations serving South Florida.

A 6kw facility that is presently off the air, post-Hurricane Maria, in an eastern condado of Puerto Rico is being traded straight up for another 6kw facility that in the days since the hurricane struck the U.S. commonwealth has not returned to broadcasting. The other facility is licensed to serve the island of Culebra off of Puerto Rico's eastern coast, and it's the top deal in RBR+TVBR's TRANSACTIONS TODAY for Tuesday, Nov. 7, and involves Francisco Montero of Fletcher Heald & Hildreth.

On Sept. 15, one of the most active buyers of radio stations across the U.S. announced that it was adding to its empire by acquiring a Class C2 facility with 32kw in Mississippi. The sale has now closed, with Bill Cate of Media Services Group serving as the exclusive broker in this transaction.

In October 2017, Oxnard, Calif.-based Lazer Broadcasting Corp. struck a deal to acquire seven full-power radio stations, an FM translator and an FM booster from a company in bankruptcy. The purchase was done in a Section 363 auction sale in a pending Chapter 11 involving a Miami-based operator. It's now known that Lazer paid a little more than what was originally announced. We also know who the legal team was that represented Lazer in this deal.

Since 1974, a Class D AM with 5kw during the day and 152 watts at night has used a single tower to reach a large swath of the coastal Carolinas. Now, the owners of this station have decided to sell. The buyer is a local entity that has effectively operated the station for more than 20 years, and it is our top deal in RBR+TVBR's TRANSACTIONS TODAY for the weekend of March 9-11.