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...
Becker gets DIY FM for $33K
A reasonably robust Class B1 noncom FM CP is going from one religious non-profit to another. The station, licensed to Macomb IL, is being...
Transaction: 8-26-08
$950K WCRM-AM Fort Myers FL from Vida Radio Ministries (Peter Quinn) to Manna Christian Missions Inc. (Mario Garcia et al). $25K escrow, $75K cash...
Aloha means good-bye AND hello
Clear Channel is reeling a couple back in. Two of the stations it parked with Jeanette Tully in the Aloha Trust are coming back...
Close encounter in Palm Springs
According to Greg Guy of Patrick Communications, Southern California Public Radio has closed on its $1M acquisition of KBXO-FM, serving the Palm Springs market...
Transactions: 8-25-08
$825K WNCM-FM CP Rocky Mount-Wilson NC (Garysburg NC) from A. Thomas Joyner to Capitol Broadcasting Company Inc. (James F. Goodmon). $41,250 escrow, balance in...
Gimme that Old Time construction permit
In a deal that replaces one religious noncom with another, Network of Glory Inc., headed by Lola Richey, is going to build an FM...
Transactions: 8-22-08
$790K KHRA-AM Honolulu HI from KMC Broadcasting LLC (Tony Young Ho Kim) to RK Media Group (Phill Sohn). $100K escrow, balance in cash at...
No fuss, no muss in Cullman
You won’t find a simpler sales contract than that between seller Walton E. Williams III and Jimmy Dale. Walton is turning over a pair...
Houston Christian takes one noncom
Bruce Munsterman’s noncommercial Houston Christian Broadcasters Inc. is getting its second station outside of Texas, as well as its second outside of Shreveport LA,...
Transactions: 8-21-08
$225K WOFE-AM Rockwood TN from Southern Media Group Inc. (Kirk Tollett) to The Holler Inc. (Betty J. Barrett). $25K escrow, balance in cash at...
Transactions: 8-20-08
$2.75M WCKM-FM Albany-Schenectady-Troy NY (Lake George NY), WWSC-AM Glens Falls NY & WCQL-FM Queensbury NY. 100% of Regional Radio Group LLC from Eric P....
Pittsburg DIY FM sold, and stay away from that spellchecker
That’s because we’re talking Pittsburg TX, not the big one in Pennsylvania that ends with an “h.” Millennium Broadcasting Corporation is selling the CP...
Transactions: 8-19-08
$500K WTTF-AM Tiffin OH from BAS Broadcasting Inc. (James A. Lorenzen) to Tiffin Broadcasting LLC (Dudley W. Stephan). Entire amount paid as cash deposit....