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...
Savage fate for Luna’s western radio group
The group of radio stations owned and operated under the umbrella of Luna Communications is now in the hands of the Luna Communications Trust...
Transactions: 5-05-10
$535K WNRR-AM Augusta GA from MSbuttoni LLC (Michael J. Sbuttoni) to Savannah River Radio Inc. (John Summers, Dana Summers). $35K escrow, $500K note.
Westenberger triples up in Memphis
Fred Westenberger, whose family brings Christian programming to the radio in four markets, is expanding in one of them, picking up yet another spin-off...
Transactions: 5-04-10
$150K FM CP Lunenburg MA from Living Proof Inc. (Daniel McClenaghan) to Horizon Christian Fellowship (George Small et al). $10K down payment, $140K note....
Eureka! Deal completed in Northern California
The sale of KXGO-FM Arcata CA, in the Eastlan-rated Eureka-Arcata CA market is a done deal, according to the brokerage firm of Kalil &...
Transactions: 5-03-10
$1.4M WUIL-FM Champaign IL (Arcola IL) from Champaign Partners LLC (John Maguire) to D.W.S. Inc. (Michael Haile, VP et al). $70K escrow, balance in...
Outer Banks stations on the way to a new owner
Four FM stations in eastern North Carolina, three of which are firmly ensconced in the state's Outer Banks, are being sold to a company...
Augusta AM getting a new owner
Newsradio 1230 WNRR-AM in Augusta GA is getting new ownership. John and Dana Summers and their Savannah River Radio Inc. are stepping forward to...
Transactions: 4-30-10
N/A WGDQ-FM Laurel-Hattiesburg MS (Sumrall MS) from Vernon Floyd, Receiver for Unity Broadcasters to Vernon Floyd d/b/a Circuit Broadcasting of Hattiesburg. Unspecified forgiveness of...
Deal for noncom Jacksonville FM is done
The Epperson family is mainly known for its ties to leading religious radio group Salem Communications, but they are also involved with their own...