Radio and Television Transactions

A home for "praise and inspiration" serving Texas' capital city with a Class D AM with a 2kw signal from 3 towers has been sold. The price the buyer is paying for the daytime-only operation to the northeast of Austin is something to take note of. Why? It's actually a pretty impressive valuation.

Mako Communications has attracted the attention of a variety of buyers for a collection of low-power TV station construction permits that hold a 2023 deadline for build-out. The latest buyer is a Hispanic-focused broadcast ministry with a number of television stations across the Pacific Northwest.

On June 3, RBR+TVBR first reported on the sale of a pair of Class A FMs serving Mendocino County, Calif., with Amaturo Sonoma Media Group creating a cluster of five FMs and a heritage AM. Paperwork has now been filed with the FCC that offers details on how much the company is paying for the FM pair due north of the San Francisco Bay Area.

One month ago, a consummation notice was posted by the FCC that confirmed Walker Newberry and his Red Sky LLC of Bowling Green, Ky., was now the licensee of a Class D daytime-only AM station serving Franklin, Ky., just south of Bowling Green. Now, he is adding a second property to his holdings.

A three-year quest to acquire three radio stations in the Mile High State has come to an affirmative conclusion for Bob Richards and his wife, Jeanna. They are now officially the owners of two FMs and an AM with an FM translator.

He's the head of the non-profit Augusta Radio Fellowship Institute, which in October signed off on an asset purchase agreement giving it ownership of “The Carolinas Power FM.” Now, the licensee that operates Good News Network and its GNN Radio, plus the Spanish-language Radio Amistad, is adding another FM to its stable.

He was the owner of WRRL-AM and W299CF in the Beckley, W. Va., market, and a low-powered COZI TV affiliate serving this city. He was also a 50/50 partner with his wife in the licensee of two unbuilt FM translators. Now, with the passing of Tommy Syner in December, his widow is getting his control of those FM translator CPs.

It holds a construction permit for a 120-watt FM translator covering southern New Jersey communities due south of Philadelphia. With FCC approval, it will be heading to a new owner.

Bridge News LLC, led by Vince Bodiford, is scooping up a low-power TV station that will bring the 24/7 all-news diginet to Houston. The seller is the former head of HC2 Holdings, who formed his own group after his departure from that entity.

On June 7, Sage Weil's Civic Media agreed to acquire an AM/FM combo and an FM translator owned by the late Stephen Marks. The FCC has now given its approval to the deal, brokered by Patrick Communications. 

Travel north on U.S. 101 from the Golden Gate Bridge, and you'll find yourself in Mendocino County, home to vineyards and such towns as Willits. Here, a Class B FM reaching Laytonville and Ukiah and its FM translator covering rural, coastal Fort Bragg are being transferred by Guilford Dye to another group he leads.

It boasts a FM translator at 105.5 MHz with programming fed from a Class D AM that during daylight hours enjoys a 50kw signal audible from Jupiter to Orlando's easternmost suburbs.  Until now, it's been owned by Bruce Maduri and his Genesis Communications. Pending FCC approval, that's about to change.

In June 2017, noted media broker Richard A. Foreman shared the news that all of Radio Vermont Group's radio stations were up for sale. This would end the Squier family's time as a radio station owner, which began in 1935.  On Friday, employees of the radio stations were told that a buyer has emerged.

A Houston, Texas AM is changing hands from Classic Hits to a Spanish-language broadcast ministry. Estrella Media is selling KEYH-AM to Hector Guevara, President of the Radio Vida Vision Network and pastor of Centro Cristiano de Vida Eterna. The station experienced a broadcasting hiatus from December 31, 2020, until December 27, 2021, after its main transmitter site was sold.

A broadcast ministry overseen by President William Gehm has signed off on the sale of a pair of FM translators, one in Atlanta and the other in Rockmart, Ga. But, Radio By Grace will still very much be involved in the operation of the LPFM serving Georgia's largest metropolitan area.