Radio and Television Transactions

On or about October 13, an individual with equity interest in a collection of New Hampshire radio stations passed away. This led a family member of the now-deceased sole owner of the stations to petition the state Probate Court to make him a special administrator of his estate. Now, the FCC is being asked to approve the plan.

An FM radio station licensed to serve the community of Hettinger, N. Dakota, is being spun, with paperwork filed with the FCC seeking its blessing on the transaction.

The Michael Sciore-led entity that presently holds equity interest in debtor-in-possession Mega-Philadelphia LLC has filed paperwork with the FCC seeking its approval of an agreement that sells his M.S. Acquisitions & Holdings' interest in the stations to an individual presently renting a unit in the Camden Boca Raton apartment tower.

A Class B AM radio station with an FM translator serving Kalispell, Mont., is poised to see an ownership shift, as a stock purchase agreement will shift the shares held in KOFI-AM from Tana and David Rae.

LPTV entrepreneur Jeff Winemiller is at it again, and this time he's signed off on a facilities swap with the licensee led by Randall Weiss. When all is said and done, Winemiller's Lowcountry 34 Media will be the owner of a property serving Atlantic City, N.J.

Castelli Media, the low-power TV station licensee led by Vincent Castelli, has received regulatory approval for a deal announced in September that sees the sale of a low-power television station in Santa Barbara, Calif., by the LPTV entrepreneur.

A Class B1 noncommercial FM signal that serves northern Santa Barbara County and much of the Five Cities of southern San Luis Obispo County is being sold by the broadcast ministry behind the "RadioU" Christian Rock network. Who's the buyer? Look no further than Noel Díaz.

In mid-July, the woman serving as the independent executor of the estate of John B. Walton signed off on the sale of two AM radio stations, a full-power FM station, and two FM translators serving Ruidoso, N. Mex. The transaction, brokered by Kalil & Co., has now formally closed.

A radio station ownership group co-created by Chad Graves and Scot MacDonald that is today comprised of six brands — including "The Mullet" — is ready to grow, thanks to a freshly signed asset purchase agreement that sees Kalil & Co. serve as the broker.

Neal Ardman has agreed to part ways with a 250-watt FM translator serving Brunswick, Ga., in a freshly filed transaction that awaits regulatory approval. Who is the buyer?

In late August, RBR+TVBR first reported on the acquisition of an FM and Class D AM sibling to a buyer that's "driven," as the newly formed media company is led by the owner of a Chevrolet dealership in Stratford, Tex. Now, Corey Naugle is adding another FM station — this one some 75 miles southeast of Stratford — to his newly formed Driven Media.

A three-way partnership between a trio of Hispanic men who have teamed to form BMax Media in the Baltimore suburb of Dundalk, Md., have agreed to purchase an AM radio station that's long been associated with a longtime local broadcast ministry.

A low-power television station serving the city of Redding, Calif., is being sold. Who's the buyer? Look no further than the individual behind prolific LPTV operator Lowcountry 34 Media.

He's the licensee of three unbuilt noncommercial FM radio stations in the Lone Star State, as well as two AMs in the Houston market. Now, this Hispanic ministry is gaining a low-power digital TV station, bringing television to its stable of stations.

RBR+TVBR has learned that a $4 million transaction struck at the start of 2023 has resulted in a non-consummation. As such, there's a new owner on the way — and it is an individual who already has a low-power TV facility in the market.  Serving as the seller's broker: Kalil & Co.