Radio and Television Transactions

On August 7, iHeartMedia announced that it had agreed to purchase four FM radio stations serving Atlantic City, N.J., and surrounding communities along the Jersey Shore, from Gary Fisher-led Equity Communications. That transaction, which sees Kalil & Co. serve as the exclusive broker, has now closed.

Of late, it has served as the originating station for "Oldies 95.3/96.9," part of the True Oldies Channel-focused service run in Palm Beach County and northern Broward County by Vic Canales Media Group. Soon, a change will be in the works for those two FM translators. The AM has been sold.

A Class D AM radio station and its FM translator at 101.1 MHz in the Massachusetts city of Brockton have been sold. Who is the buyer? It's a woman based in Sharon, Mass., who has reached a deal with the seller, Ed Perry. s

He was President/COO of former broadcasting company Una Vez Más and today is associated with CNZ Communications. Now, Randy Nonberg is in the news for agreeing to sell a television station in Wisconsin. The buyer? The non-profit broadcast ministry led by members of the Swaggart family.

River Radio LLC is agreeing to purchase a pair of FM radio stations in the Lone Star State. The facilities serve Hill Country, due west of the Austin market. Who is the seller?

An AM/FM combo serving a college town due west of Canton, Ohio, is being sold. Pending FCC approval, and the closing, the Dix family will conclude their time as owners of radio stations.

A Palm Beach County Circuit Court has cleared the way for the transfer of control of two AM radio stations and their respective FM translators from the ex-wife of the man who will be granted ownership, pending FCC approval. It allows the individual to gain full control of the assets he ran but was in his ex-wife's name. 

Paperwork has been filed for regulatory approval with the Commission signaling Janet Brown has found a buyer for the assets of Lake Powell Communications. Brown revealed eleven months ago of her intent to retire and sell the stations.

It boasts a FM translator at 105.5 MHz with programming fed from a Class D AM that during daylight hours enjoys a 50kw signal audible from Jupiter to Orlando's easternmost suburbs.  Until now, it's been owned by Bruce Maduri and his Genesis Communications. Pending FCC approval, that's about to change.

It has all of 10 watts of broadcast power, but enjoys a transmitter atop Shaw Butte in north central Phoenix, giving it coverage of the city and neighboring Glendale. That's good enough for Vic Michael, who has struck a deal to buy the noncommercial micro FM.

A pair of AM radio stations and two FM translators serving a small town along the St. John's River, due south of Jacksonville, are being sold. The buyer is locally based, and has formed a company named Blue Crab Broadcasting LLC.

Soon, another Lazer Media audio brand will serve Spanish-language radio consumers from Isla Vista to Carpinteria, thanks to a deal that's just been submitted to the FCC for regulatory approval. The transaction marks the end of a hyperlocal spoken word format serving Santa Barbara, Calif.

In Ogallala, Neb., for TV viewing, there's scant over-the-air options. The Member of Congress serving Nebraska's first district is doing something about that lack of local broadcast TV service.

The licensee of a pair of facilities that cover a small portion of the Atlanta DMA has died. Paperwork seeking FCC approval of a transfer of control to the executor of the deceased owner's will has now been filed.

The Andrade family-run operation known as The Voice Radio Network has become an established player across the Delmarva Peninsula, with stations serving Salisbury-Ocean City, Md., and an FM translator serving Southern New Jersey added earlier this year. Now, the licensee seeks to add an AM in the Garden State to its asset portfolio.