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...
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,...