Marshall plan: Sell WLTH
A Gary IN station serving northwest Indiana and the southside of Chicago is changing hands. Radio veteran Pluria Marshall is selling WLTH-AM to Michillianna Broadcasting LLC.
Johnson’s First buy is fourth station
$100K WCBT-AM Roanoke Rapids NC from First Media Radio LLC (Alex Kolobielski) to Johnson Broadcast Ventures Ltd. (Jimmy Johnson). $5K earnest money, balance in...
Texas FM moves in estate sale
$75K KNNK-FM Dimmitt TX from Alva Lee Peeler, Executrix to High Plains Radio Network Inc. (Monty L. Spearman, Gentry Todd Spearman). Sold on behalf...
Stephens files 2nd half of two-part Tulsa transaction
Stephens Family LP sold some fringe FM stations to the south and east of Tulsa back in April, and now we know why – the deal coincided with an LMA-to-buy a pair of strong Tulsa-area FMs from Shamrock Communications.
Upstate stations headed for Titan
$2.75M WELM-AM/WLVY-FM, WEHH-AM, WOKN-FM Southport & WABH-AM/WVIN-FM Elmira-Corning NY (Elmira, Elmira-Horseheads, Southport, Bath NY) from Pembrook Pines Mass Media N.A. Corporation (Robert Pfunter) to...
CBS Radio partners with Columbia to boost song
Proving once again that radio exposure is one of the strongest ways available to turn a recording
Golf claps for Cumulus financial move
Ultimately Wall Street ref Moody’s Investor Service sees no need to change the rating of Cumulus Media based on its recent offering of $80 million in Class A common stock. But it did find reason to applaud the tactic.
Done deals: Radio edition
Deals are announced, deals submit to regulatory review and if the review results in the grant of the transaction, the parties get together one final time to seal the deal. Here are some radio deals that have recently made it all the way to the finish line.
NextMedia says good day to Goodman
The diverse station portfolio of NextMedia is on its way to Dean Goodman, principal of Palm Beach
Thunder picks up Nashville AM
$100K WQSV-AM Nashville TN (Ashland City TN) from Sycamore Valley Broadcasting Inc. (Richard Albright) to Thunder Broadcasting LLC (Jo Petersen, Neil Petersen). Buyer will...
Quass remains after NRG stake flip
Waitt Company and McCarthy Capital are on their way out and Cyrus Capital Partners is on the way in at radio group NRG Media LLC. Current management led by Mary Quass will remain on duty after transition.
Indianapolis FM going to Catholic group
$2.25M WSPM-FM Indianapolis IN (Cloverdale IN) from Hoosier Broadcasting Corporation (William S. Poorman) to Inter Mirifica Inc. d/b/a Catholic Radio of Indianapolis (Robert Teipen...
Details on L&L-YMF SC deal
$13M WARQ-FM/WOIC-AM, WJXT-FM, WMFX-FM & WWDM-FM Columbia SC (Columbia, Orangeburg, St. Andrews, Sumter SC) from YMF Media LLC (Charles Warfield et al) to L&L...
Sajak sells Westminster AM station
$325K WTTR-AM Westminster MD from Sajak Broadcasting Corporation (Pat Sajak) to Hilltop Communications LLC (Jeffrey Laird, William J. Laird Jr.). $10K escrow, $60K cash...
New Mexico radio stations sold to Adams
$3,963,625 KGRT-FM /KSNM-AM/ KHQT-FM Las Cruces NM and KKVS-FM Truth or Consequences NM from Sunrise Broadcasting Inc./Richardson Commercial Corporation/Calespina LLC (Judy Hunt, G.Allen Lumeyer)...