Thursday, December 19, 2024

MediaCo Completes Its Emmis Promissory Note Repayment

The owner of "Hot 97" and WBLS in New York has officially paid Emmis Communications for its stake in what is publicly traded MediaCo Holding Co., controlled by Standard Media — the entity that failed to acquire TEGNA that is led by Soohyung Kim.

Price Revealed For Mid-West/Woodward Deal

In a transaction RBR+TVBR first reported on November 14, WMAY-AM & FM and WNNS-FM & WQLZ-FM in the Springfield, Ill., market are being sold by Mid-West Family Broadcasting to Woodward Communications Inc. Details regarding the purchase price have now come to light, thanks to the filing of an asset purchase agreement with the FCC for regulatory approval.

EMF Grabs Woodward Spin-Offs In Illinois

Three FM stations and an AM sibling in Springfield, Ill., are being bought by Woodward Communications Inc. To close the deal to meet current FCC local ownership limits, it is divesting WCVS-FM, with Tideline Partners signed on as the broker. A buyer has been found, and for a recently acquired FM in Bloomington, Ill., too. 
Broadcast Tower

Vic Michael Swaps Wyoming FM Translators

He's a principal in a regional tower site leasing, maintenance, and development company based out of Cheyenne, Wyo., as well as the sole owner of Mountain Community Translators. Vic Michael has been a prolific trader of low-power radio stations in recent years, and he's now agreed to a facilities swap with a broadcast ministry.

Allred Spins Albany FM In Bluegrass State

Most Americans know of New York's State Capital and its namesake city in Georgia. Yet, there is also an Albany in Kentucky, and in this municipality an FM radio station is being sold by Pamela J. Allred and her Albany Broadcasting Company.

New Beginning For Tampa Bay’s ‘Genesis’

A Spanish-language Christian-themed radio station using a Class D AM radio station with a broadcast tower just southwest of the Gandy Bridge connecting St. Petersburg and Tampa is being sold. What does the future hold for "Genesis 680"?
Ryan Moulton

Moulton Set To Fly As Delta’s Sole Shareholder

A locally owned multimedia company serving two cities in Louisiana is seeking FCC approval for a change in control. This would see the company's Chief Financial Officer, Ryan Moulton, take full ownership of nine radio stations, six TV stations and their associated digital and mobile platforms. 

Good News: A Spokane TV Station Finds A Buyer

A digital low-power television station presently airing non-secular programming is being sold to another broadcaster focused on spreading the word of Christ. 

‘The Beat of Fort Collins’ Heading to New Owners

Aaron Ishmael and Karl Lieber are jumping for joy: They've just made a deal to acquire an AM with an all-important FM translator serving an area of Northeastern Colorado as "Jump 104.5." The deal ensures Ishmael stays in the market, as the station he previously leased was sold in July to a Hispanic media operation.
Microphone

Barinowski Bids Farewell to Palmetto State Property

The longtime face behind the Augusta Radio Fellowship Institute has signed off on an agreement that will see it part ways with an AM radio station and its FM translator companion in the South Carolina city of Greenwood.
Jordan Bitz

Maalouf, Bitz Agree To Buy An Idaho LPTV Property

It bills itself as Southern Idaho's only locally owned commercial TV broadcaster and is led by co-owner and General Manager Jordan Bitz. Now, he and partner Karlo Maalouf have signed off on paperwork that sees their company agree to acquire a Twin Falls, Idaho, low-powered television station.
Mike Cutchall

Cutchall Closes on Phoenix Radio Purchase

As RBR+TVBR first reported in August, Desert Valley Media Group agreed to sell a collection of FM stations serving the Phoenix market to Zelus Media, in a deal brokered by Kalil & Co. That transaction has now closed.

A Former Paulino Bernal-Owned AM Is Donated

In February 2023, the estate of Tejano music pioneer and evangelical broadcast ministry owner Paulino Bernal was put in control of his wife. It was in June 2024 when the FCC received the necessary paperwork required to transfer the late owner's AMs to the family matriarch. Now, a LMS filing indicates that the estate has agreed to part ways with one of those stations.

A Quick LMA-To-Buy In Ohio For K-LOVE Parent

On November 1, the call letters of a Class B1 FM serving the Columbus, Ohio, market from the southeastern suburb of Baltimore, Ohio, changed along with its programming. Now, just days after the K-LOVE Christian Contemporary non-comm network debuted under a lease deal, the network's parent is agreeing to purchase the facility.

EMF Sells FM Translator To Joe Rusch’s News Talk Group

In July 2021, an FM translator serving greater St. Louis licensed to Educational Media Foundation began simulcasting the secular News/Talk programming found on the HD3 digital multicast channel associated with KLJY-FM 99.1 in Clayton, Mo. Now, that LMA is being converted into an outright purchase of the baby FM.