Price is in for Digity/NextMedia deal
We’ve known for some time about the deal sending the assets of the NextMedia radio group to Dean
Logical radio deal in Colorado
$750K KSTC-AM/KNNG-FM & KNEC-FM Sterling CO (Sterling, Yuma CO) from Arnold Broadcasting Company Inc. (William Arnold) to Media Logic LLC (Wayne Johnson, Rickard Lindsey,...
RM marks up its Palm Springs radio investment
Todd and Margaret Marker and their RM Broadcasting LLC already have three FMs in the Palm Springs market, and now they have a deal to acquire a fourth.
Handy partner for Goodman in Chicago
The contract for the acquisition of NextMedia by Dean Goodman’s new Digity LLC radio group is expected to be made public any day now. And we do have details on a related deal – the sale of two suburban Chicago FMs to Matrix Broadcasting LLC.
Wisconsin AM changing hands
$235K WDKM-FM Adams WI from DKS Communications Inc. (Nicholas Segina) to Casper Communications LLC (Joseph C. Deschler Jr.). $5K deposit, $215K cash at closing,...
MMTC says Aloha to another AM
Clear Channel has been sending some of its excess AM stations to diversity watchdog MMTC, and it has done so once again via its related Aloha Stations Trust. The station on the move WSHE-AM Columbus GA. This updates the Aloha inventory just before the holiday shopping season.
Another shaky review for Pandora
Valuentum’s RJ Towner took to the virtual pages of Seeking Alpha to express concern about the
Phone co-op snags SC FM
$375K WALI-FM Walterboro SC from Karl Hess to Premier Media LLC, a subsidiary of Palmetto Rural Telephone Cooperative Inc. (Jason J. Dandridge et al)....
Another day, another EMF deal
We just reported on an acquisition by Educational Media Foundation on Florida’s Gulf Coast – now we have another taking place on the shores of Lake Michigan. One of the interesting elements of the Sturgeon Bay WI buy: the pricing.
EMF buys on Florida’s Gulf coast
The latest acquisition for frequent buyer Educational Media Foundation gives it an outlet on the Gulf of Mexico and brings it access to citizens in two Florida markets.
Stephens Family buys in Tulsa
$8.5M KMYZ-FM & KTSO-FM Tulsa OK (Pryor, Glenpool OK) from Shamrock Communications Inc. (Robert J. Lynett) to KXOJ Inc., a subsidiary of Stephens Family...
FCC opens the LPFM window wider
Prospective LPFM applicants only lost a couple of days of filing window time due to the government shutdown, and the FCC is being more than accommodating when it comes to making up for lost time.
Details on Massachusetts cash/stock deal
N/A WBEC AM-FM, WUPE-AM Pittsfield MA, WSBS-AM Great Barrington & WNAW-AM /WUPE-FM North Adams MA from Gamma Broadcasting LLC (Bruce G. Danziger) to Reed...
AM deal is much ado about nothing
The transfer of WELE-AM to Bethune-Cookman University for no consideration looks cut and dried, but the back story is anything but. And the deal also has an LPFM angle.
Armada spins five north central stations
A radio station cluster that straddles the border of Wisconsin and Michigan’s Upper Peninsula is being sold by small-market radio specialist Armada Media. According to brokerage Kalil and Co., the buyer is Radio Plus Bay Cities.