Commercial broadcasting gets one back
One of the biggest trends in station trading has been the migration of commercial stations to non-profit owners. This time, thanks to Fred Dockins,...
Transactions: 9-10-09
$1M WDRE-FM & WBON-FM Hamptons-Riverhead NY (Calverton-Roanoke, Westhampton NY) from Jarad Broadcasting Company (Ronald J. Morey, Jed R. Morey, John Rose, John Caracciolo) to...
WQXR-FM sale gets FCC green light
The FCC has given its blessings for The New York Times Company to make its final curtain call and bow out entirely from the...
Transactions: 9-09-09
$67K WIVL-FM Jasper GA from Community Public Radio Inc. (Penny Jackson) to Hellinger Foundation Inc. (Mark Hellinger). $5K escrow, balance in cash at closing. Seller...
Chicago’s Big Gospel Express stays in the family
Timothy F. Gallagher’s taking over at WBGX-AM, serving the Chicago market from Harvey IL. He’s taking his ownership stake up from 22% to 100%...
Transactions: 9-07-09
$40M KUPL-FM/KCMD-AM/KINK-FM/KUFO-FM Portland OR from CBS Radio Corporation (Les Moonves) to Alpha Broadcasting LLC (Lawrence R. Wilson). $4.5M escrow, balance in cash at closing....
Transactions: 9-04-09
$650K WNRR-AM Augusta GA from Will Nunley Broadcasting LLC (Will Nunley) to MJS LLC (Michael J. Sbuttoni). Debt assumption. LMA optional until closing. $30K...
Altman stakes up in Havre de Grace
WJSS-AM, a News-Talker serving the Baltimore market from Havre de Grace MD, is changing hands – even if some of the hands already there...
Transactions: 9-03-09
$200K KWDR-FM Royal City WA form Horizon Christian Fellowship (Michael MacIntosh) to Jacobs Radio Programming LLC (Jeffrey A. Huffman). $15K earnest money, $15K cash...
Panorama picks up Pennsylvania AM
WAZL-AM has the perfect calls to go with its Hazleton PA roots, and they will soon be associated with a new licensee. The station...
Transactions: 9-02-09
$7.1M KDES-FM Riverside-San Bernardino CA (Redlands CA) from R&R Radio Corporation (Ric Supple) to LC Media LP (Ray Laughlin). $525K escrow, balance in cash...
Hybrid cluster forming in Tatum, Texas
When a company controlled by Charles W. Conrad closes on its acquisition of KXAL-FM Tatum TX, he will have one foot in both the...
Ft. Wayne mixed cluster for sale
Northeast Indiana Public Radio wants to focus all of its attention on NPR WBOI-FM, and to that end is putting its other Ft. Wayne...
Heartland terms revealed
We knew about Jim Coursolle’s return to hands on radio station management via his acquisition of a controlling stake in Heartland Communications Group. Now...
Transactions: 9-01-09
$1.25M KEKA-FM/KINS-AM/KWSW-AM & KEJY-FM Eureka CA (Eureka, Blue Lake CA) and KURY AM-FM Brookings OR. 78% of Eureka Broadcasting Company Inc. for Barbara Papstein...