Radio and Television Transactions

WJTP-AM is the opposite of a vampire (the old-fashioned kind of vampire anyway) in that it operates during the day and takes a hiatus at night. The Lithia Springs GA outlet in the Atlanta market is headed to new owners.

Wall Street umpire Moody’s Investor Service believes that Hubbard Radio is working with a quality group of stations in quality media markets, and even though its leverage is a bit higher than Moody’s likes, it believes financial moves to acquire two Sandusky radio clusters will not substantially change the overall picture.

This Birmingham AL deal is one for the books. It involves a swap of AM stations plus cash consideration, the formation of an AM duopoly, two time brokerage agreements and one of the most unusual other consideration clauses we’ve seen in quite some time.

Chris M. Spears will be the principal among a trio of buyers who are picking up a pair of AM stations bringing sports programming to the somewhat sprawling Gainesville-Ocala market. The stations are WMOP-AM and WGGG-AM.

This time the noncommercial religious group is buying in the Fort Collins CO market. The seller, according to brokerage Kalil and Company, is Ted Tucker’s Cochise Broadcasting, which will earn cash for the station and may realize a tax benefit as well.

Dan Halyburton is not lacking for impressive resume material, with a career that includes stops at Susquehanna, Emmis and most recently, CBS’s Texas State...

We already knew that Washington Redskins owner Dan Snyder and his Red Zebra radio group are

Larry Wilson’s Savannah GA/Hilton Head Island SC radio cluster is adding a station, and in so doing, will also be losing a station. And while only two of them are considered to be Savannah market facilities by BIA, all, including the station on the block, get into at least a portion of the city.