Radio and Television Transactions

Today is the last day "as we know it" for a 1,600-watt Class A FM serving Lynchburg, Va. A format change is on the way, as a Lease Management Agreement is taking immediate effect following the signing of an asset sale agreement handing this station to a new owner.

The sale was approved on March 26. Now, the transaction brokered by Kalil & Co. has closed. Get ready for the highly anticipated arrival of Air1 on a full-market signals serving the Twin Cities of Minnesota.

It boasts 6,000 watts of power, and provides "Today's Best Music" to communities due west of Midland, Mich. Now, it is trading hands, and Norm McKee and Michael Chires are the two individuals tied to the buyer.

The permitee and owner of five low-power television station construction permits has opted to sell them instead of moving forward with getting the properties up and running itself. The result? David Lampel is getting a check from an individual largely known for his role as the head of Edge Spectrum.

To the southwest of Corpus Christi, Tex., is Falfurrias, home to a Class B AM that has been owned and operated by a New Jersey-based Hispanic broadcast ministry since fall 2019. Now, Erick Salgado is saying goodbye to this station.

It has operated an AM and two FMs in the Augusta-Waterville, Maine, market since 2007. Now, it is converting this long-standing LMA into outright ownership.

As Q1 2021 came to a close, so did Star Communications Inc.'s intent to own an AM/FM combo and an FM translator serving a small West Virginia city situated between Charleston and Parkersburg. The facilities have been sold, and await FCC approval before being handed to a new owner.

It boasts the moniker "Key Weird Radio." And, it presently has a Construction Permit for a Class A signal putting 680 watts of power over the southernmost city in the continental U.S. Now, "the most diverse radio station" in Key West is heading to a new owner.

The Terre Haute, Ind., market, which largely includes nearby Paris, Ill., is the home of a non-commercial group of religious stations presently operated by Word Power Inc. On March 16, this group signed off on an agreement that would assign its two AMs, two FMs, two FM translators and one FM translator construction permit to a new licensee.

 In July 2019, RBR+TVBR first shared the news that the cornerstone of 95-year-old broadcast ministry Moody Bible Institute was for sale. Now, this daytime-only AM that shares a signal with a 50kw Class A News/Talker in Cleveland has been sold. The buyer will retain, albeit adjust, the Spanish-language evangelical programming presently on the air.

Travel west of Columbus, Miss., and you'll reach the city of Starkville. Here, a low-power TV station's construction permit is being spun. The buyer? The Columbus-based owner of the market's CBS affiliate.

From Ellensburg to Walla Walla, Washington, and down to Pendleton, Oregon, Hispanavisión has established itself over three decades as a home for Spanish-language television content in an area that's long attracted first-generation immigrants from Mexico and Central America. It's now adding a low-power TV facility. HC2 is the seller.

Since December 1994, New Mexico's largest market has been home to a commercially licensed FM offering bible teaching and modern worship over its Class C2 signal licensed to the town of Armijo. Soon, the programming on this station will change, but it will remain committed to serving a Christian audience. And, it will do so under BBN ownership.

Add three more low-power TV properties to the list of stations that HC2 Holdings is paring down from a roster that will live on as a leaner, but still active, set of broadcast facilities it intends to operate.

On February 18, 2020, RBR+TVBR reported on the departure after a decade of American University from the Salisbury-Ocean City, Md., market. AU’s Board of Trustees on Jan. 31, 2020, signed off on the sale of WRAU-FM 88.3 in Ocean City. That deal never transpired. Now, it's found a new buyer.