Transactions: 10-24-08
$1.15M KTXN-FM Victoria TX from Broadcast Equities Texas Inc. (John J. Tibiletti) to GAP Broadcasting Victoria Licenses LLC (George Laughlin et al). $115K escrow,...
In the Hunt for frequent Metro miles
Metropolitan Radio has spun off yet another station. This time it’s KJVC-FM, licensed to Mansfield LA due south of Shreveport. The buyer is Leon...
Not a cluster
The Rain Broadcasting Inc. is picking up an AM station, which will go into a broadcast portfolio that already includes an FM station. They...
Transactions: 10-23-08
$4.7M KUOP-FM Stockton CA from University of the Pacific (Patrick Cavannaugh et al) to California State Universithy, Sacramento (Stephen G. Garcia et al). $400K...
Noncom religious sale Falls into place
The location of this transaction is Sioux Falls SD, where two of the largest religious radio groups worked out a deal. The older of...
Transactions: 10-22-08
$2,415,559 WCZT-FM, WKOE-FM & WILW-FM Atlantic City-Cape May NJ (Vilas, North Cape May, Avalon NJ). 82% of Coastal Broadcasting Systems Inc. from Scott J....
Price revealed in Miami
Salem Communications announced its plans to acquire a DIY AM in the Miami-Ft. Lauderdale-Hollywood Arbitron market. We knew that the station is using a...
Transactions: 10-21-08
$15M KVIB-FM Phoenix AZ (Sun City West AZ) from Sun City Licenses LLC (Stephen F. Gormley) to LBI Radio License LLC, a subsidiary of...
Transactions: 10-20-08
$740K KSXT-AM Fort Collins-Greeley CO (Loveland CO) from Loveland Radio LLC (David Westburg) to Catholic Radio Network Inc. (James O’Laughlin, Carolyn O’Laughlin, Jim Kafka)....
EMF finds a new Kentucky home
The frequent buyer program of Educational Media Foundation remains in operation. It’s latest move is the acquisition of WEZG-FM Morganfield KY, marking yet another...
Baughman lightens his load
Hank Littick’s Southeastern Ohio Broadcasting Systems is getting WCVZ-FM in South Zanesville OH. The seller is Dan Baughman’s Christian Voice of Central Ohio, which...
Transactions: 10-17-08
$1.2M KVOU AM-FM/KUVA-FM Uvalde TX from Rhattigan Broadcasting (Texas) LP to StarCall Broadcasting LLC (Randi Markowitz, Don C. Udelson). $60K escrow, balance in cash...
Close encounter in Atlantic City
Atlantic Broadcasting, headed by Brett DeNafo, has completed its acquisition of a cluster of radio stations on the New Jersey shore. The cluster containing...
Transactions: 10-16-08
$85K WIMO-AM Winder GA from Mark S. Myers to Country Road Productions (Gregory P. Smith, Andrew Hess). $10K earnest money, LMA credit, balance in...
Community Broadcasters stick up for Watertown
James Levin, Bruce Mittman and their Community Broadcasters LLC are paying $200K to bone up their Watertown NY cluster. What better way than an...