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...
Beachfront FM sold out of trouble
An FM station serving the Myrtle Beach SC market ran into misfortunes that eventually took it off the air. But it has now been...
K-LOVE operator grabs an OK FM
Educational Media Foundation has actually sold off a few of its properties recently, but this time it’s back in the buyer’s column, getting KOCD-FM...
Transactions: 5-4-11
$115K WAZL-AM Wilkes-Barre/Scranton PA (Hazleton PA) from Panorama PA Inc. (Alexander Sloot) to WAZL Partners LLP (Glenn Summers, Roy Miller et al). $10K earnest...
Five-station Oregon radio cluster deal crosses the finish line
Another element in the break-up of the old New Northwest Broadcasters radio group has been completed. According to brokerage firm Kalil and Co., the...
Transactions: 5-3-11
$2.85M WDVH-AM/WTMN-AM, WDVH-FM, WHHZ-FM, WKZY-FM, WRZN-AMM & WTMG-FM Gainesville-Ocala FL (Gainesville, Trenton, , Newberry, Cross City, Hernando, Williston FL) from 6 Johnson Road Licenses...
Noncom looks to make satellite out of silent Michigan FM
Tough times are taking a toll on both the commercial and the noncommercial portions of the broadcasting business. One religious group is looking to...
Transactions: 5-2-11
$15K KMFX-AM Rochester MN (Wabasha MN) from MMTC Broadcasting LLC (David Honig) to Q Media Group LLC (Alan R. Quarnstrom). $2K deposit, balance in...
GM buys station in Arizona resort town
Marvin Vosper is described on the KBUX-FM website and the station