Virginia FM CP goes from school to school
The current trend in the trading of noncommercial FM CP trading has featured a large number of deals in which only nominal or no...
Transactions: 5-13-11
$100K KZVV-FM CP Fairbanks AK from One Ministries Inc. (Keith Leitch) to Educational Media Foundation (Mike Novak). Forgiveness of unspecified debt, balance in cash...
Truth splitting Iowa combo via AM sale
Stuart W. Epperson Jr.’s Truth Broadcasting Corporation is going to downsize in Boone IA, and Juan Rodriguez and his Latin World Broadcasting Inc. is...
Transactions: 5-12-11
$901K WVCO-FM Myrtle Beach SC (Loris SC) from Carolina Beach Music Broadcasting Corporation (William R. DesChamps Jr., receiver) to Carolina Beach Music LLC (Harold...
Raese raises the ante in WV-MD border cluster
The Raese family’s West Virginia Radio already has a five station radio cluster in the portion of West Virginia that abuts Maryland’s western panhandle....
Transactions: 5-11-11
$700K KOCD-FM Okemah OK from KESC Enterprises LLC (Richard C. Parrish) to Educational Media Foundation (Mike Novak). $70K escrow, $280K cash at closing, $350K...
EMF heading into Fairbanks
Educational Media Foundation is back to the side of the negotiating table it has been more familiar with over the past several years –...
Transactions: 5-10-11
$1 WRME-AM CP Bangor ME (Hampden ME) from Charles A. Hecht and Alfredo Alonso to Hilda C. Gallant and Paul Salas. Cash. Buyer seeks...
NJ radio group finds a money tree
Oaktree Capital Management is taking a role in Millennium Radio New Jersey, an eleven-station radio group active in three in-state markets. Oaktree is a force behind other radio groups, including
Transactions: 5-9-11
$75K WMJC-FM Richland MI from Horizon Christian Fellowship (John B. Laudadio) to Calvary Radio Network Inc. (James Motshagen et al). $5K escrow, $70K note....
Details in on jazzy noncom Pittsburgh purchase
Essential Public Media announced its intention to acquire WDUQ-FM from Duquesne University at the beginning of the year. Now, almost five months later, the...
Atlantic City cluster sold to unidentified high bidder
Well, the buyer was unidentified, but a late report from Atlantic City names George Miller and his Longport Media as the buyer of a...
Transactions: 5-6-11
$230K KBUX-FM Quartzsite AZ from Maude J. Burdette to Marvin Vosper. $20K deposit, $210K note.
$10K WORJ-LP Weirsdale FL from Weirsdale Women in Broadcasting...
Cleveland donation creates highly unusual cluster
There will be more than the usual amount of cross-ownership when a donation deal for iconic commercial Classical outlet WCLV-FM 104.9 in Cleveland to...
Transactions: 5-5-11
$16M KVIB-FM, KEXX-FM & KKFR-FM Phoenix AZ (Sun City West, Gilbert, Mayer AZ) from Atmor Properties Inc./RBG Phoenix Licenses LLC (Lee W. Shubert) to...