Transactions: 5-18-10
$3M KSDW-FM San Diego CA (Temecula CA) from Penfold Communications Inc. (Jeffrey W. Smith) to Calvary Chapel of Costa Mesa Inc. (Charles W. Smith)....
Transactions: 5-17-10
$1.42M WCBA-AM/WGMM-FM/WENI-AM, WENY AM-FM & WENI-FM Elmira-Corning NY (Corning, Elmira, Big Flats NY) from WS2K Radio LLC (Ira Rosenblatt) to Sound Communications LLC (Bettina...
Quincy CA FM station to pair up with local AM
KHGQ-FM is getting a new owner, according to documents filed with the FCC. Experienced owners will take the station, restore it to operation and...
Transactions: 5-14-10
$500K WEGO-AM Greensboro-Winston Salem NC (Winston Salem NC) from Truth Broadcasting Corporation (Stuart W. Epperson Jr.) to Iglesia Nueva Vida of High Point (Javier...
FM tripleheader forming in downstate Illinois
Larry Bostwick’s LB Sports Productions LLC has filed to acquire WRMS-FM Beardstown IL, serving an unrated portion of the state west of Springfield. The...
Price revealed for Elmira radio sixpack
We knew that WS2K Radio’s Ira Rosenblatt was selling his three-AM three-FM station group in the Elmira-Corning market to Sound Communications LLC. And now...
Transactions: 5-13-10
$2.35M KKHI-FM Denver CO (Centennial CO) from Bustos Media of Colorado License Corporation (Amador Bustos) to WAY-FM Media Group Inc. (Robert D. Augsburg et...
Transactions: 5-12-10
$20K WLET-AM Toccoa GA from Toccoa Falls College (Wayne Gardner) to Tugart Properties LLC (Douglas M. Sutton Jr., M. Terry Carter). $5K down payment,...
Radio deals make it to the finish line
A number of radio deals have been signed, sealed and delivered during the past few business days. Here is a summary of closings from...
Transactions: 5-11-10
$400K KQPN-AM Memphis TN (West Memphis AR) from Simmons-Austin LS LLC (David Simmons) to KQPN Inc. (Fred Westenberger). $40K escrow, balance in cash at...
KKHI-FM sale not a sign of collapsing station values
Readers have been somewhat shocked at the recently-announced sale of KKHI-FM Denver for only $2,350,000. Bustos (which is in default on loans originated by...
Transactions: 5-10-10
$130K WKYH-AM Paintsville KY from Highlands Broadcasting Corp. (Charles K. Belhasen) to S.I.P. Broadcasting Company Inc., a subsidiary of Key Broadcasting Inc. (Terry Forcht,...
Bustos finds a WAY out of Colorado
Robert Augsberg’s noncommercial religious radio group WAY-FM Media Group is moving into the Denver market with KKHI-FM, courtesy of Bustos Media, which is spinning...
Finding the Key to a Kentucky small-market cluster
You won’t find Paintsville KY on any Arbitron map, but Terry Forcht’s regional Key Broadcasting Inc. group will be upgrading its operation there, adding...
Transactions: 5-06-10
$200K WVOD-FM, WZPR-FM, WYND-FM & WFMZ-FM Elizabeth City-Nags Head NC (Manteo, Nags Head, Hatteras, Hertford NC) from Capsan Media LLC (Jason Baker) to Hengooch...