FCC allows an old tainted radio deal to stand
A station licensee convicted of a felony campaign contribution violation was allowed to sell off a number of Oklahoma radio stations, and at the...
Transactions: 4-26-10
$230K WSSM-FM Greenville-New Bern-Jacksonville NC (Havelock NC) from NM Licensing LLC Debtor-in-Possession, a subsidiary of NextMedia Operating Inc. Debtor-in-Possession (Eric Neumann, VP/CFO) to Educational...
Champaign IL combo gets a little sister
Longtime Champaign IL media company D.W.S. Inc. is adding an area FM station to its AM-FM combo, not to mention its newspaper, The News-Gazette....
Kalil closes deal in which it represented itself as seller
The sale of KZGL-FM Flagstaff AZ to Bill Brothers’ Tower Investment Trust is now a done deal. The seller was the Kalil Holding Group...
Transactions: 4-23-10
$230K WSSM-FM Greenville-New Bern-Jacksonville NC (Havelock NC) from NM Licensing LLC Debtor-in-Possession, a subsidiary of NextMedia Operating Inc. Debtor-in-Possession (Eric Neumann, VP/CFO) to Educational...
Salem adds AM in Washington DC
Red Zebra Broadcasting is passing off one of its Washington DC stations, and Salem Communications is the receiver. The acquisition of WWRC-AM will give...
Transactions: 4-22-10
$7K WZMI-FM CP Reed City MI from Saidnewsfoundation (Scott Boehme) to West Central Michigan Media Ministries (Christian Martin, David Bolduc et al). $500 deposit,...
Foster parents found for NextMedia NC orphan
When NextMedia changed its ownership lineup recently as it pursued its restructuring project, three stations in two oversized clusters lost grandfathered status and are...
Transactions: 4-21-10
$1.935M KZNX-AM & KWNX-AM Austin TX (Creedmoor, Taylor TX) from Simmons-Austin LLC (David Simmons) to BMP Austin License Company LP, a subsidiary of Border...
New website brings sellers, buyers together
People in the market to buy a radio or television station now have a place online to start their shopping. RadioTVDeals.com provides a central...
Transactions: 4-20-10
$22.5K KJAD-FM CP Loomis SD from Network of Glory Inc. (Lola Richey) to The Praise Network Inc. (Ardys A. Roszhart, Lloyd Mintzmyer). $2.2K earnest...
Company in trust buys a pair of Austin AMs
Here’s a deal you won’t see every day – a company that is under the TLC of a trustee – Patrick Communications’ Larry Patrick...
Transactions: 4-19-10
$4K WWCX-FM CP Bangor ME (Corinth ME) from Positive Radio Network Inc. (Michael Stoddard) to The Presence Radio Network Inc. (Ron Gobeil et al)....
Four religious noncoms involved in two CP transactions
Noncommercial stations in Pennsylvania and South Dakota are changing hands. The non-profits on both sides of the table all have religious underpinnings, but the...
Transactions: 4-16-10
$12.5K FM CP Eldorado TX from GAP Broadcasting (George Laughlin) to Tenn-Vol Corporation (Danny Ray Boyer, Paula Boyer). $2.5K earnest money, balance in cash...