Grubstake dealing in the West
You build it, I’ll let you keep half is the operating principle in this deal. Tonopah Radio LLC, headed by Fred Weinberg, will be...
Transactions: 9-04-08
$85K WIMO-AM Winder GA. 100% of Country Road Productions from Mark Myers to Gregory P. Smith. $10K deposit, $10K earnest money, unspecified discounts, balance...
RI noncom declares its independence
WRNI-AM is now free of Boston University and its WBUR-FM. Of course, that means it is also free of funding from WBUR – in...
Wildmon cashes one in
Most often you see the Donald Wildmon’s religious noncom American Family Association on the buyer’s side of the trading table. But in the case...
Transactions: 9-03-08
$3M KVAB-FM/KCLK-FM Clarkston WA, KCLK-AM Asotin WA & KATW-FM Lewiston ID from Pacific Empire Radio Corporation (R. John Taylor) to Bolland Enterprises LLC (Mark...
Hughey reaches for the Horizon
WQLS-AM is changing hands, forming the basis for a new group in Alabama. The Ozark AL station is just northwest of Dothan. It will...
Transactions: 9-02-08
$12M WMFD-AM/WILT-FM, WKXB-FM, WAZO-FM, WSFM-FM & WLGD-FM Wilmington NC (Wilmington, Burgaw, Southport, Oak Island, Jacksonville NC) from NM Licensing LLC, a subsidiary of NextMedia...
A Penny for your CP
Noncommercial KYRQ-FM CP is changing hands. The Class A is heading from Community Public Radio Inc., headed by Penny Jackson, to St. Jude Broadcasting,...
Transactions: 8-29-08
$1M WKRB-AM/WKAI-FM & WLMD-FM Macomb IL (Macomb, Bushnell IL) from WPW Broadcasting Inc. (Don Davis) to Colchester Radio Inc. (Nancy L. Foster). $50K escrow,...
Follett gets a detax treatment
Mark Follett’s Sovereign City Radio is sending one of its stations to Roger Lonnquist’s noncommercial religious group in a cash-free deal. KJCD-FM is licensed...
Close encounter in Alexandria
The sale of KWDF-AM Ball LA to Wilkins Communications is a done deal, according to broker John Pierce, who handled the transaction. Art Moore’s...
Transactions: 8-28-08
$1.8M KAJC-FM Millersburg OR; KIHS-FM Adel IA; KJCQ-FM Westwood CA; KJCU-FM Fort Bragg CA; KKCJ-FM Cannon AFB NM; KPKJ-FM CP Mentmore NM; KWJT-FM Rathdrum...
Danziger spins out of Islamorada
Caribbean Broadcasting Systems is picking up a Florida Keys FM from Bruce Danziger’s LSM Radio Partners. The deal shouldn’t cause much notice on the...
Transactions: 8-27-08
$700K WRXW-FM Jackson MS (Pearl MS) from Backyard Broadcasting Mississippi Licenses LLC, a subsidiary of Backyard Broadcasting LLC (Barry Drake) to Urban Radio II...
Metropolitan spin-off continues
Mark Acker has found a buyer for two more of his stations, according the John Piece, the broker helping him do it. Acker’s Metropolitan...