Lansing radio cluster sale price revealed
We knew that Duke Wright’s Midwest Communications was getting an intact four-FM cluster in the Michigan capital market of Lansing-East Lansing. Now we know...
Transactions: 3-24-10
N/A WGL-AM/WXKE-FM, WGL-FM & WNHT-FM Fort Wayne IN (Fort Wayne, Huntington, Churubusco IN) from Summit City License Sub LLC/Northwest Capital Partners II LP (Bradford...
Fort Wayne quartet repackaged for resale
Four stations in the Fort Wayne IN market are being sold for a nominal $100 along with unspecified debt assumption. Summit City License Sub...
Transactions: 3-23-10
$200K WJCX-FM Pittsfield ME from Calvary Chapel of Costa Mesa Inc. (Charles W. Smith) to Calvary Chapel of Bangor (Ken Graves et al). Promissory...
Transactions: 3/22/10
$850K WLIU-FM Hampton-Riverhead NY (Southampton NY) from Long Island University Public Radio Network (Robert Altholz) to Peconic Public Broadcasting (Wallace Smith et al). $850K...
Transactions: 3/19/10
$3.7M KTEK-AM Houston-Galveston TX (Alvin TX) from BusainessRadio Houston License LLC (Daniel Frishberg) to South Texas Broadcasting Inc. (Stuart W. Epperson, Edwin G. Atsinger...
Peconic plays skip to my ‘LIU in Eastern Long Island
They’ve been trying to keep noncommercial Hamptons-Riverhead stalwart WLIU-FM going despite the plans of the Long Island University to spin the station off, and...
Wright finds where Lansing Rubber meets the FM road
Midwest Broadcasting is springing for the four-FM cluster of Rubber City Radio Group in the Michigan capital city of Lansing. Midwest is headed by...
Transactions: 3-18-10
$300K WCWB-FM Coldwater MI from Michiana Christian Broadcasters Inc. (Wayne S. Reese) to Bible Broadcasting Network Inc. (Lowell L. Davey et al). Cash. Station...
Salem reels Houston AM back in
It’s yet another sign of the times transaction. Salem Communications filed to sell KTEK-AM Alvin TX to BusinessRadio back in December of 2007, posting...
Partners sweep up Broomfield’s Hilton Head FM
C.J. Jones and Joe Mule are now the official owners of WWJN-FM Ridgeland SC in the Hilton Head SC market. The 104.9 MHz station...
Transactions: 3-17-10
$85K FM CP Hay Springs NE from Big Cat Broadcasting LLC (Carlton L. Fitch) to Chadrad Communications Inc. (Kathleen R. Brown). $8K escrow, balance...
Bible Broadcasting buys FM with growth aspirations
The widespread station portfolio of Lowell Davey’s Bible Broadcasting Network is about to spread a little wider with the acquisition of a Class A...
Transactions: 3-16-10
$435K WCVR-FM Lebanon-Rutland-White River Junction NH-VT (Randolph VT) from Vox AM/FM LLC (Bruce G. Danziger) to Vermont Public Radio (Deborah Granquist et al). $50K...
NAB trainee gets Vicksburg AM
Michael M. Davis is the head of Costar Broadcast Group, the beneficiary in the donation of WQBC-AM Vicksburg MS. Davis is described on the...