Friday, September 20, 2024

Alabama radio pair headed to Jeff Beck group

$745K WFXZ-AM Anniston AL and WTDR-FM Talladega AL from Jacobs Broadcast Group Inc. (Jim Jacobs) to The Jeff Beck Broadcasting Group LLC (Jeffery Allen...
Sold

Auxiliary payments involved in noncom transaction

There is a price tag attached to WNCM-FM Harvard IL – completely par for the course in a radio transaction. What makes this deal...

Inspiration Time, EMF peddle noncom FMs

$75K WYVL-FM Youngsville PA from Inspiration Time Inc. (Edward L. Mattson) to Calvary Chapel of Russell (Jeffrey York et al). Note, with $1.5K delivered...

Blueberry gets Bar Harbor FM from Binnie

$100K WBQI-FM Bar Harbor ME form WBIN Media Company Inc. (William H. Binnie) to Blueberry Broadcasting LLC (Louis Vitali). WBIN was buying the station...

West Palm AM changing hands

$462.5K WPBR-AM West Palm Beach FL (Lantana FL) from Omni-Lingual Broadcasting Corporation (Emil Antonoff) to Palm Beach Radio Group LLC (Samuel Rogatinsky et al)....
Deal

Cumulus reels in two KC FMs

The journey of KMJK-FM and KCHZ-FM away from and back to Cumulus was mostly a matter of paperwork – they have essentially been part...

EMF prunes portfolio with Hayti FM spin

$26K KEZJ-FM Twin Falls ID from College of Southern Idaho (J. Mike Mason) to Salt & Light Radio Inc. (Keith Pettyjohn et al). Cash....
Merlin Media

The construction of Merlin Media

You don’t have to dig very far back in the history books to reconstruct the emergence of Merlin Media. It is the product of...

Crawford picks up Buffalo AM

$875K WNED-AM Buffalo NY from Western New York Public Broadcasting Association (Donald K. Boswell) to Kimtron Inc. (Donald B. Crawford). $45K earnest money, balance...
Deal

Carter gets majority of radio company through attrition

Changes in personnel at Carter Broadcast Group over a period of 10 years have minimally reduced the participants in the company’s ESOP – and...

Another radio swapfest for Cumulus & Salem

$1.25M KXPC-FM Eugene-Springfield OR (Harrisburg OR) from Educational Media Foundation (Mike Novak) to Cumulus Broadcasting LLC (Lew Dickey). Swap for KRUZ-FM Santa Barbara CA...
Sold

Greater Media eases Family Radio back into Philly

Harold Camping is investing in the future, particularly of Philadelphia, in a deal for Greater Media’s WPEN-AM. Family sold its Philly FM to Merlin...
Sold

Nelly buys an FM duo on the Idaho-Washington border

A pair of Idaho FMs in the Lewiston ID-Clarkston WA area are headed for a new owner in a cash/debt deal. James and Darcy...

Miami move-in hopeful moves to Lincoln

$13M WAXY-FM West Palm Beach FL from CBS Radio Stations Inc. (Dan Mason et al) to Lincoln Financial Media Company of Florida (Robert D....
Chart

Radio deals: An appreciation in Fargo

We knew that Midwest Communications was buying a six-station radio cluster in the Fargo ND-Moorhead MN market. Now we know how much cash is...