Radio and Television Transactions

Until now, noted radio broadcaster Clay Holladay has been the 50% equity holder of New South Radio, the licensee of four FMs, two FM translators and an AM in Mississippi. With the FCC's approval, that equity interest will be reduced to 20%, with three other Holladay family members picking up shares in the company.

Matthew Wesolowski recently made headlines for successfully selling the Class B AM and its associated FM translator bringing BIN: Black Information Network to Jackson, Miss. Now, he's making headlines for selling another property in Mississippi. This time, iHeartMedia isn't the buyer ... it is Larry Fuss. 

It has been owned by Baraboo Broadcasting Corp. and serves as the originating station for a pair of FM translators branded as "MAX FM," offering an Adult Hits format to a city in Wisconsin due northwest of Madison and nearby Reedsburg, Wisc. Now, the two translators and the AM are being sold. Who's the buyer? 

In October 2022, RBR+TVBR first reported on the acquisition of a Class A FM facility in the Rochester, N.Y., market by WXXI Public Media. That purchase is now complete, with closing coming on Tuesday.

If you've been under the impression that many of the media transactions seeking regulatory approval of late involve religious, non-commercial broadcasters, you now have two more deals involving radio non-comm operators to add to your list. One of the deals is in Cleveland.

In New York State, the Schoharie County seat is the small city of Cobleskill, home to a university and within the vast Albany-Schenectady-Troy DMA. That's perhaps the biggest reason why Ron Bruno has just agreed to acquire a low-power TV station licensed to this burgh.

In a deal that's just been filed with the FCC for its regulatory approval, a Class A FM with a signal scraping Lexington, Ky., from the south has just been sold. The buyer is led by President Karen Moses.

A low-power television facility serving the Duluth, Minn., and Superior, Wisc., viewing area is changing hands. The buyer is the licensee led by CEO Louis Wall with one other Minnesota property, which is operated by Gray Television via a shared services agreement.

During daylight hours only, it has a 5kw non-directional signal from a broadcast tower located adjacent to its offices and studios in tiny Lafayette, Ga., due south of Chattanooga, Tenn. With the FCC's blessing, it will soon have a new owner.

Dawn Fowler until now has been a 50/50 partner with the Kentucky-based President of Pinnacle Surgical in an AM radio station serving Corydon, Ind., which has an FM translator tied to it. Soon, she'll be the sole owner of these radio broadcasting facilities.

A digital LPTV facility using channel 60 with a PSIP of Channel 3 is changing hands in Tuscaloosa, Ala.  It puts the channel in the hands of a religious broadcaster.

It's a 250-watt FM translator that has city-grade coverage over a market dominated by News-Press & Gazette Co., with respect to print and television properties. Now, St. Joseph, Mo., is in the news as this radio facility is trading hands. The seller is related to Bott Radio Network.

On February 1, "Telemundo Costa Central" will be shifting to a new broadcast home, thanks to an agreement that involves News-Press & Gazette Co. The move is the result of the sale of the current facility by husband and wife owners to an entity led by an immigration attorney based in San Diego.

It presently serves the small town of Elberton, Ga., as a 1kw AM at 1400 kHz and has a construction permit to relocate to Clayton, Ga. How that transpires will soon be in the hands of a new owner, as Georgia-Carolina Radiocasting Companies has agreed to sell the facility along with its FM translator.

A Class A FM and its Class B AM sibling serve a tourist destination known for its water sports, due east of the Columbia River and not far from Wenatchee, Washington. Soon, they'll be in the hands of a new owner.