Radio and Television Transactions

How much value does a 1,000-watt Class C AM serving half of a major metropolitan area have in 2021? For one Hispanic broadcaster in an area with a fast-growing populace of Spanish speakers, there's a lot of value -- as reflected in the price of a transaction seven years in the making that has just been filed with the Commission.

Ivis Alexis Padilla believes in the power of Hispanic radio. As such, the media company she manages has just struck a deal to purchase an AM radio station in Durham, N.C. It happens to be a station the Winston Salem-based broadcasting company led by Stuart Epperson Jr. acquired in December 2020 from Mark Janbakhsh's TBLC Media.

With a Class A signal blanketing Panama City Beach, Fla., this FM airs sports talk programming supplied by ESPN Radio. The affiliation has been in place since late June 2017. Now, it is being solidified as a LMA-to-buy opportunity is being executed more than four years later.

Jeff Winemiller and his Lowcountry 34 Media has engaged in a series of transactions in recent months involving low-power television stations. On Thursday, he moved forward with the sale of six LPTV construction permits. The buyer? The company co-led by Pat LaPlatney and Hilton Howell Jr.

The owner of an AM radio station with an FM translator has decided to sell the properties. How appropriate: the licensee's name is Sellers Broadcasting.

Former HC2 Holdings leader Philip Falcone has emerged as the head of a new entity seeking to build a collection of low-power TV stations as part of a spectrum play. He's signed off on several deals across 2021. Now, he's putting his signature on an asset purchase agreement involving a California property.

Until now, it has been a Spanish Adult Hits station under the branding “La Suavecita” and an affiliate of ESPN Deportes Radio. As RBR+TVBR first reported Monday, that’s about to change, with a different multicultural group as the new target audience. Now, details regarding the deal price in an Entravision deal are known.

Ken Kuenzie and Dennis Klautzer have made headlines in recent years for their radio broadcasting investments. They include five audio brands serving the Lake of the Ozarks resort region of Missouri, and their December 2017 decision to join Larry Fuss as an investor in a Kaua'i FM serving the Hawaiian island. Now, their company is set to bring the first over-the-air TV station for the Ozarks.

Not too many people may be familiar with Groveton, Tex. It's on the southern tip of Davy Crockett National Forest, some two hours north of central Houston. It also happens to be the home of a Class A FM, and North Texas Radio Group is readying to welcome it into its family.

Between Clarksville and Jackson, Tenn. is the town of Camden, perhaps best-known as the closest municipality to the Patsy Cline plane crash memorial. Camden is also home to an AM/FM combo and FM translator owned by an individual who recently passed away. Now, his stations are moving into a trust.

A Class A FM serving the city of Macomb, Ill., has a new owner. The transaction is hardly a surprise, however, as the seller has been allowing the buyer to operate the facility, resulting in a change in the non-secular worship and praise programming heard on the station.

No, Educational Media Foundation isn't about to launch a Spanish-language Christian music station in Oklahoma's second-largest market. Rather, it is making a deal with David Ingles Ministries for a noncommercial band FM in Tulsa.

In early July, it became known that a special group of low-power television station permits were available, placed on the market by a licensee that didn't wish to build them by their rather unique deadline. What makes these LPTVs so special is that they don't need to be built until 2023. On Monday, two more of these LPTVs were spun, following a Scripps deal announced last week.

It's a broadcast television station owner with eight properties in 7 markets.  Now, it is adding a property in Virginia's quintessential college town, Charlottesville. The seller: Jeff Winemiller.

In early 2020, a Kansas City radio station operator made headlines for its decision to air six hours of programming each day from Russia-sponsored Sputnik Radio, as a result of a lease agreement with Florida-based RM Broadcasting LLC. Now, the station's owner has opted to part ways with a far-suburban silent FM translator. It's a deal that will bring "vida" back to this dormant facility.