Transactions: 10-07-09
$630K WIHG-FM Rockwood TN from Commsouth Media Associates (Jennifer Tollett) to Crossville Radio Inc. (Kevin Adams). $30K deposit, balance in cash at closing. $72K...
Lutherans sell St. Louis FM
The Lutheran Church-Missouri Synod has decided to cash in its commercial band FM station, KFUO-FM. Ironically, however, it is going to a non-profit broadcaster...
Edwards comes through with Pittsburgh AM
Eddie Edwards used to run a television station in the Steel City. Now he’s breaking into radio in the wake of WAMO’s departure, to...
Transactions: 10-06-09
$760K WKFC-FM North Corbin KY and WPBK-FM Crab Orchard KY from Radioactive Inc. (Benjamin L. Homel) to Lincoln-Garrard Broadcasting Company Inc. (Jonathan L. Smith)....
Michaels spins out in Kentucky
The man less commonly known as Benjamin L. Homel has sent a pair of small town Kentucky FMs packing on their way to a...
Bold Gold folds in PA trio
A deal for three stations in the Wilkes-Barre/Scranton market will give Bold Gold Media Group an unusual five-AM, two-FM superduopoly cluster. For the seller,...
Transactions 10-05-09
$500K WLNP-FM/WCDL-AM & WNAK-AM Wilkes Barre-Scranton PA (Carbondale, Nanticoke PA) from WS2K Radio LLC (Ira Rosenblatt) to Bold Gold Media Group LP (Vince Benedetto,...
Third St. Louis AM for Watkins
Entertainment Media Trust will pay $600K for KRFT-AM University Park MO, just on the outskirts of St. Louis, giving it an AM triple play...
Transactions 10-02-09
$600K KRFT-AM St. Louis MO (University Park MO) from Big Stick Three LLC (Andrew Philip Saltzman) to Entertainment Media Trust, Dennis J. Watkins, Trustee....
$40 million closing in Portland
Larry Wilson's Alpha Broadcasting is now the proud owner of KCMD-AM, KUPL-FM, KUFO-FM and KINK-FM, all in the Portland, OR market. The purchase from...
Nassau spins two in New Hampshire
The financial restructuring of Nassau Broadcasting Partners, which produced a change of ownership, required the divestiture of a couple of stations in the Concord-Lakes...
Transactions: 9-30-09
$14M WCRB-FM Boston MA (Lowell MA) from Nassau Broadcasting II LLC (Louis F. Mercatanti Jr.) to WGBH Educational Foundation (Amos B. Hostetter Jr., Marita...
Close encounter in Dallas
North Texas Public Broadcasting’s acquisition of KVTT-FM is a done deal. According to brokerage Kalil & Co., the price tag was $18M. Kalil represented...
Transactions: 9-29-09
$145K WKVL-AM & WLOD-AM Knoxville TN (Knoxville, Loudon TN) from Horne Radio LLC (Nick Drewey) to Blount Broadcasting Corporation (Johnnie Sexton, James R. Sexton,...
Blount into Knoxville with Horne AMs
Horne Radio will continue operating in the Knoxville market, but it will be two AMs lighter after the sale of WKVL-AM and WLOD-AM to...