Radio and Television Transactions

A deal under which Educational Media Foundation would have acquired KHLB-FM Mason TX and another FM fell apart – and now KHLB-FM has been resold, packaged with a different FM than included in the EMF deal.

After failing to stop a deal to sell a Roanoke-Lynchburg FM to an already-large station group, 3 Daughters Media owner Gary Burns is contemplating an appeal, and is also calling for the use of Census Bureau rather than Arbitron data when defining radio markets.

Sometimes a deal for a radio station raises questions that are far beyond the scope of the FCC’s regulatory authority, and such is the case in the deal for KCHT-FM Childress TX. Although the deal has an element which might pique FCC interest, it also ventures into an area explored long ago by ancient Greek playwrights.

The price people paid for stations before radio started going south, and in particular before the entire economy went precipitously south in the Fall of 2008, is in many cases much different than they are paying for the same stations now. And WTMY-AM Sarasota FL is a case in point.

In fact, the former radio group sold its final cluster to Dan Farr, who had been dealing with the Williamsport PA radio station cluster for some 20 years. The Backyard brand will survive the change in ownership, according to brokerage of record Kalil and Co.

The 33 Watts allocated to W267AM Mocksville NC puts its footprint well to the southwest of Winston-Salem, but a CP for a new city of license and a 7.5x power increase will change all that. And a deal will change the owner to Curtis Media.

A team of investors have formed a company called Genuine Austin Radio LP and have struck a deal with Richard Oppenheimer’s Reo Radio Group to acquire KLGO-AM and KOKE-FM, which serve the Austin TX area.

AJG Corporation has a deal to buy an AM-FM combo in the Morgantown-Clarksburg-Weston WV market, which will add to the two it already owns officially listed in the market. What is apparently raising questions in the market are the similarities between AJG and West Virginia Radio Corporation.