Radio and Television Transactions

In November 2016, Withers Broadcasting Company of Illinois pared down its assets by agreeing to sell an AM, an FM and a translator to Mark and Saundra Lange's The Original Company Inc. for $390,000. Now, Withers has rung up another sale, and has again used Patrick Communications as its exclusive broker in this transaction.

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.

If you lived in Boston between August 1975 and August 1983, this would be a stunning headline, as the call letters belonged to a famed Rock station. Today, the WCOZ calls live on at a noncomm FM in Northeast Pennsylvania that's trading hands.

Here's a deal that involves a lot of "Big Sky." That's because Cherry Creek Media has agreed to swap substantially all the assets of its radio stations serving the Helena, Montana, market to The Montana Radio Company in exchange for substantially all the assets of three FM translators serving the Great Falls, Montana market; an FM radio station serving the Butte, Montana market; and cash. The transactions will require four FM stations to be divested.

A contract has been signed and an application is being filed with the FCC for the transfer of a television station in Bowling Green, Ky., to Marquee Broadcasting Kentucky. Kalil & Co., Inc. is the exclusive broker for this transaction.

The future of an AM in the Valley of the Sun will not include a successful banker who made headlines in 2001 for his participation as an aviator in the London to Sydney Air Race. That's because this individual, and his wife, have lost ownership of this facility some 5 1/2 years after filing for Chapter 7 bankruptcy protection.

South of the Pittsburgh area is the Monongahela River Valley – known to locals as the “Mon Valley.” That’s where an AM-FM combo is being sold from the estate of the late Stanley Wall. The buyer owns 6 commercial stations and 1 noncommercial FM in the Keystone State. Meanwhile, a familiar Arkansas-based media figure has engaged in a plan to rescue a group of financially distressed low-power TV stations in three markets across the state. These are the deals in detail in RBR + TVBR’s TRANSACTIONS TODAY for April 3, 2017.

A Pentecostal church serving the Hispanic community in California’s High Desert region has acquired two FMs and two translators from another religious noncommercial entity. Meanwhile, a Colorado NPR giant has acquired a third FM to provide fill-in coverage for its main signal, located on the other side of Pikes Peak. These are the deals highlighted in RBR + TVBR's TRANSACTIONS TODAY for Friday, March 31.

ICA Radio Ltd. has completed its $2.48 million acquisition of a trio of FM stations serving the Corpus Christi, Texas market. Kalil & Co. was the exclusive broker for this transaction.

Two combos in the Land Of 10,000 Lakes are now Riverfront properties thanks to a multi-million dollar deal announced Wednesday by the exclusive brokers in the deal, Susan Patrick and Jason James of Patrick Communications.

In a quiet mid-week day for deals, an AM in Utah is being handed to a new licensee for no cash consideration. At the same time, a translator in Northern California is being dealt. These are the deals highlighted in RBR + TVBR's TRANSACTIONS TODAY for Wednesday, March 29.

Get ready to see two FMs get shifted from commercial to noncommercial status. In Maryland’s Eastern Shore, a Class A FM specializing in variety has been given a Bridge of Hope. In Bayou Country, a Class C3 FM airing a Classic Rock format is about to get a bit of love … KLOVE, that is. These are the key deals in RBR + TVBR's TRANSACTIONS TODAY.

A station placed into trust following the merger six years ago of Citadel Broadcasting and Cumulus Media has been sold to a local broadcaster who gains a third property in the Oklahoma City market. The station is licensed to the birthplace of Wal-Mart Stores founder Sam Walton.

A translator has traded hands, for no cash consideration. It's the lone deal seen in TRANSACTIONS TODAY for Friday, March 24.

A single asset exchange agreement filing with the Commission involving radio station owners Adam and Victor Michael and Educational Media Foundation will see the swap of three FMs and a translator serving Hawaii's Valley Isle, two FM translators in the Valley of the Sun, and three FM translators in Colorado.