Radio and Television Transactions

Nearly three years ago, former HC2 Holdings executive Phillip Falcone returned to low-power TV ownership through the acquisition of stations on the West Coast. Greg Guy, today with Tideline Partners, brokered that deal. Now, he's the broker conducting the sale of the stations from Sovryn Holdings.

A Country station acquired in October 2014 is being sold by the individual who engineered that nine-year-old deal. Is his making a profit on the transaction?

The wife of deceased longtime radio station owner Don Crisp, who today lives in Charlotte County, Fla., has signed off on the sale of a 1kw AM radio station and its FM translator. The facilities serve a small town in the Volunteer State.

A Class A noncommercial FM radio station serving an Illinois town to the west of Rockford is being acquired by Moody Bible Institute. For current listeners, there won't be significant changes in the programming, which currently offers a locals a locale "where you hear the Word" of God.

It is a 6,000-watt FM serving Troy, Ala., offering locals "Country Classics and Rock-n-Roll Super Hits you love to sing along to!" Soon, this "Supermix" of music will be directed by a new owner, pending FCC approval.

Five years ago, the sale of a 450-watt Class A FM serving Pittsburg, Tex., a small town due north of Longview, was consummated. Now, the company that engineered that purchase is selling it for less than the price it paid for the facility.

It's a south-of-Boston FM translator no longer linked to an AM being used to bring "Mega"-sized Spanish-language programming to the growing Hispanic population of the Back Bay. As such, Gois Broadcasting is agreeing to part ways with the facility.

Travel between Pittsburgh and Chambersburg, Pa., and you'll traverse Bedford County, home to two AMs, a pair of FMs and two FM translators offering News/Talk, Hot Adult Contemporary, Adult Standards and "B-Rock" to local listeners. The stations are family owned and operated. Now, one brother is relinquishing his shares in the company.

The owner of an AM radio station offering conservative Talk radio programming to the Fresno market has agreed to expand through the purchase of another AM property.  It happens to be a station that has in recent years been linked to Radio Mirchi, a South Asian operator that acquired the station in mid-2015 for $750,000.

When it is 9am in Washington, D.C., it is Midnight the following day in Saipan, one of 10 islands that comprise the Commonwealth of the Northern Mariana Islands. In April, Saipan made the news as a 50/50 partnership named DB Media acquired a Class C3 FM serving Saipan. Now, DB Media is adding a second FM — and a TV station.

In December 2007, a licensee led by John Low acquired an AM radio station licensed to Wickenburg, Ariz., from Richard and Joann Peterson for $500,000. Today, that facility is based in Apache Junction, and boasts an FM translator in Payson, Ariz.  In July, Low agreed to sell the facilities. The deal has just closed.

At present, it has a puny 100-watt signal covering the town of Mona, Utah. However, it holds a Construction Permit allowing it to upgrade to a Class C2 facility, expanding its signal contour north to Provo and south to Delta and Gunnison. That's likely what led a former Provo resident who now resides in Baltimore to buy the FM.

An FM pair serving a rural part of Louisiana between Bossier City and Monroe has been sold. Pending FCC approval, they'll be in the hands of Omega Entertainment LLC.

He's been the President of his own group of radio stations in Auburn, Maine, for 3 1/2 years and, before that, spent more than 26 years with Binnie Media, serving as its VP of Programming in Portland, Me., until leaving in June 2020.  Now, Stan Bennett and his Bennett Radio Group are growing their group of radio stations.

A Classic Country FM in Waco, Tex., is being spun to a new owner. What will this mean for the station's current presentation and its not-so-politically correct moniker — "Shooter FM"?