Transactions: 7-25-11
$8.073M WLOQ-FM Orlando FL (Windemere FL) from Gross Communications Corporation (James M. Gross) to TTB Media Corporation (Eran Schreiber). Cash. TBA 8/1/11. .
$675K...
Seven-figure radio deals reach the finish line
A deal for a new FM in the Phoenix market has come to fruition, and so has another deal for a heritage AM station...
Oaktree flipping New Jersey stations to its own Townsquare
The investors at Oaktree Capital Management already had their own radio group when they took a stake in group Millennium Radio New Jersey, and...
Transactions: 7-22-11
$50K WBML-AM Macon GA from WBML Inc. (David A. Rodgers) to Sun Broadcasting Inc. (Daniel F. Evans). Full amount into escrow. TBA 6/17/11. Duopoly...
Iconic Carmel CA AM jazzer sold
It’s not every radio station that can claim to have had movie superstar Clint Eastwood behind its mic – but KRML-AM can make that...
Transactions: 7-21-11
$625K WTIF-AM, WTIF-FM & WFFM-FM Tifton GA (Tifton, Omega, Ashburn GA) from Three Trees Communications Inc. (Andrew Howard) to Plant Broadcasting LLC (Danny E....
Transactions: 7-20-11
$123,141 WGAD-AM Gadsden AL from The DR Group LLC (David Hedrick) to Rainbow City Media LLC (Jeffery Allen Beck). $23,141 cash at closing, $50K...
Transactions: 7-19-11
$535K WEZO-AM Augusta GA from Savannah River Radio Inc. (John Summers, Dana Summers) to MSbuttoni LLC (Michael J. Sbuttoni). Forgiveness of remainder of debt...
Fairbanks cluster goes to a new buyer
The New Northwest Broadcasters radio station group in the Fairbanks AK area was sold by brokerage firm Kalil and Co. in a deal filed...
Transactions: 7-18-11
$350K KWTH-FM Barstow CA from Penfold Communications Inc. (Jeffrey W. Smith) to Calvary Chapel of Costa Mesa (Charles W. Smith et al). Promissory note....
Wheeler dealer adds an FM in western Virginia
WKCJ-FM is licensed to Ronceverte, West Virginia, but it has a CP to move to Elliston-Lafayette VA, which will get its signal into a...
Transactions: 7-15-11
$840K KXPD-AM Portland OR (Tigard OR) from Churchill Media LLC (Suzanne Arlie) to Riverside Broadcasting LLC (James Y. Su, John Douglas, Greg Douglas). $340K...
WLOQ Orlando moving for over $8M
Gross Communications Corporation is exiting the ranks of single-station owners and operators with the sale of Smooth Jazz 103.1 WLOQ-FM in Orlando. However, the...
Central Texas FM goes to tenant, AM goes away
Joseph K. Smitherman has been running KMIL-FM in Cameron TX since the summer of 2007, and now in addition to holding the reins he’ll...
Transactions: 7-14-11
$198M WRXP-FM New York; and WKQX-FM/WLUP-FM Chicago from Emmis Communications Corporation (Jeff Smulyan) to Merlin Media Licensee LLC (GTCR Merlin Holdings, Benjamin L. Homel,...