South Texas FM headed to creditor
There will be no exchange of cash when the license for KRGX-FM is exchanged – but the seller will be relieved of a substantial...
Transactions: 12-29-11
$800K KAVL-AM & KTPI-FM Los Angeles CA (Lancaster, Mojave CA) and KTPI-AM Mohave CA from Aloha Station Trust (Jeanette Tully) and CC Licenses LLC...
Illinois CP traded for future opportunity
Road Map Ministries is sending its CP for an FM station-to-be in an unrated portion of Illinois to the Illinois Bible Institute. No cash...
Transactions: 12-28-11
$60K KJAA-AM Globe AZ from Good Music Inc. (Douglas Martin) to William D. Taylor. $10K escrow, balance in cash at closing. Combo with KQSS-FM...
Done deal in Cleveland
Rubber City has a triple play radio cluster in Akron OH, and now it has officially in its possession a fourth station that reaches...
South Central spins one in Knoxville
John Englebrecht’s Knoxville TN radio cluster includes four owned-and-operated stations and one more that it runs pursuant to terms of an LMA. However, it...
Transactions: 12-27-11
$255,400 WRLB-FM Rainelle WV from Faith Communications Network (Stewart Farley) to Radio Greenbrier LLC (Michael J. Kidd, Todd P. Robinson). $15K escrow, refinance bank...
Goodwill is the least of it in Georgia AM deal
When the contract for the sale of a Hiawassee GA AM station was written, the call letters were WNGM. They have already been changed...
Transactions: 12-23-11
734,231 WDMS-FM/WGVM-AM Greenville MS from WDMS Inc. (Bob Ghetti, Wesley K. Gerald) to Ark-La-Ms Radio Group LLC (John R. Padgett). $12.6K to Ghetti, $148K...
Compensation package for WV AM put into LMA
Mountainplex Media will have to turn over only one of those rectangular green pieces of paper with the engraving of George Washington on it...
Transactions: 12-22-11
$750K WHZR-FM Royal Center IN/WLHM-FM/WSAL-AM Logansport IN. 100% of Mid-America Radio Group of Logansport-Peru Inc. from David C. Keister Living Trust and Irrevocable Grantor...
Dothan station merry-go-round spins again
The break up of a five station radio cluster in the Dothan AL market required four separate contracts to effectuate and had stations flying...
Transactions: 12-21-11
$500K WXJO-AM Atlanta GA (Douglasville GA) from Exponent Broadcasting Inc. (Randy D. Gravley) to Monte Sinai Inc. (Maritza Alfaro Herrera et al). $20K deposit,...
Combo sold in the other Grand Rapids
There are at least two states with a municipality called Grand Rapids, and they both start with Mi. The well-known GR is in Michigan,...
Transactions: 12-20-11
$2.3M WLVJ-AM West Palm Beach-Boca Raton FL (Boynton Beach FL) from JCE Licenses LLC, a subsidiary of James Crystal Enterprises (James W. Hilliard) to...