Another DIY project for EMF
Mike Novak has found yet another station for Educational Media Foundation to buy. The noncom Religious giant will be picking up a CP earmarked...
Transactions: 7-27-09
$125K WSBI-AM Static TN from Donnis S. Cox to Iglesia Hispana de Nashville Inc. (Jose Rodriguez). $50K LMA fee, $75K cash at closing. $15K...
Transactions: 7-24-09
$600K WLKN-FM Cleveland WI from Radio K-T Inc. (Joseph Jack Taddeo) to Seehafer Broadcasting Corporation (Donald W. Seehafer). $35K escrow, balance in cash at...
Dealers partner with eye on Chicago
Larry Nelson’s Grundy County Broadcasters and Mark Follett’s Sovereign City Radio Services are each kicking in an AM station into a new jointly-owned operation...
Transactions: 7-23-09
$1.4M WFNO-AM New Orleans LA from Davidson Media Station WFNO License LLC, a subsidiary of Davidson Media Group LLC (Felix Perez) to Sunburst Media-Louisiana...
Tacoma noncom’s future in doubt
KUOW Puget Sound Public Radio has been supplementing its KUOW-FM News-Talk programming with alternative news/info options available on KXOT-FM. But it doesn’t own KXOT,...
Transactions: 7-22-09
$147.5K KBTX-FM Grand Island NE from Edgewater Broadcasting Inc. (Clark Parrish et al) to VSS Catholic Communications Inc.(Tom Pogge, James M. Carroll et al)....
Journal spins a pair in Boise
The Boise ID multimedia cluster of Journal Communications will be a little bit lighter after the group closes on its deal to spin its...
J&J expands on Upper Peninsula
Gerald J. Hackman and John J. Nix have interests in three radio stations on the western end of Michigan’s Upper Peninsula along Lake Superior,...
Transactions: 7-21-09
$1M WGMF-FM Wilkes Barre-Scranton PA (Dallas PA) from Geos Communications (Kevin M. Fitzgerald, Benjamin P. Smith, Betty S. Curtin) to Family Life Ministries Inc....
Transactions: 7-20-09
$200K WXCH-FM Hope IN from Wagon Wheel Broadcasting LLC (Kenneth S. Johnson) to Reising Radio Partners Inc. (Keith L. Reising Jr.). Entire amount placed...
Radio station price drops in San Francisco
Back in 2004 Flying Bear Media bought what’s now KNGY-FM for $33.7 million, which seemed like a pretty normal price at the time. It’s...
Transactions: 7-17-09
$100K KCLS-FM Pioche NV from College Creek Media LLC (Christopher F. Devine) to Canyon Media Group LLC (M. Kent Frandsen, Patricia A. Frandsen). Cash....
Transactions: 7-16-09
$600K KGVL-AM/KIKT-FM Greenville TX from Susquehanna Radio Corporation, a subsidiary of Cumulus Media Partners LLC (Lewis R. Dickey Jr.) to KGVL Radio LLC (Alpha...
Three-way deal takes NY Times out of radio
The New York Times Company is selling its last broadcast property, WQXR-FM New York, in a three-way deal that will have Univision acquire the...