A Las Vegas LPTV Property Trades Hands
It uses digital Channel 30 and enjoys a PSIP of Channel 7. For the past year, it has been owned by Craig Ruark, who acquired the property from a Christian-focused broadcasting entity. Now, Ruark is spinning the LPTV station serving Southern Nevada.
Liberty U. puts wiggle room in FM CP price
Jerry Falwell Jr. and his Liberty University are selling a construction permit for a Class A in the coastal North Carolina area – and...
Transactions: 12-04-07
150K KPXS-FM Vidalia LA from Vision Broadcasting Inc., a subsidiary of Foster Charitable Foundations Inc. (David L. Greenwald) to Tom D. Gay. 15K escrow,...
Emmis’ Austin Partner Secures Full Market Translator
Fifteen years ago, Emmis Communications agreed to a partnership with Sinclair Telecable to acquire six radio stations in the Texas state capital for $105 million. This deal gave Emmis a 50.1% controlling interest in the stations, with Sinclair Telecable taking the remaining 49.9%. Now, Sinclair Telecable has invested nearly $1 million in an FM translator with nearly full market coverage. What does Sinclair have in mind?
Transactions: 4-13-10
$3.15M WILN-FM, WPCF-AM/WVVE-FM, WYOO-FM & WYYX-FM Panama City FL (Panama City, Panama City Beach, Springfield, Bonifay FL) from Magic Broadcasting Licensing LLC (D. Scott...
Transactions: 4-20-09
N/A KFLB-FM Odessa-Midland TX (Odessa TX) from Family Life Broadcasting Inc. (Randy L. Carlson, Tim L. Walker) to Educational Media Foundation (Mike Novak). Swap...
Transactions: 11-17-10
$2M WNAZ-FM & WNRZ-FM Nashville TN (Nashville, Dickson TN) from Tevecca Nazarene University Inc. (David Leese) to Community Broadcasting Inc. (Richard P. Bott, Sherley...
North Carolina CP deal reaches the finish line
The Power Foundation filed with the FCC to acquire WEAJ-FM CP back in January. Now, according to brokerage firm Kalil & Co. Inc., the...
Cumulus Proposes Debt Fix to Some Creditors
Cumulus signs some note holders to NDAs to talk debt swap.
Faith Radio Grows With FM Translator Deal
The University of Northwestern St. Paul, unlike other colleges and institutions of higher learning, has been a buyer in recent years. To say it has “Faith” in radio is an understatement. Now, this school's broadcast arm is adding seven FM translators to its stable of broadcast facilities.
NRG spins Omaha outskirt trio
Dean Sorenson, Richard Chapin and other investors are picking up an AM and two FMs in the Omaha-Council Bluffs area, on condition they do...
A ‘Community Family Buys A Noncomm From EMF
A Class C2 FM covering a stretch of the Mississippi River from Burlington, Iowa, to Hannibal, Mo., is trading hands. The seller is one of the biggest buyers of FM stations seen in recent months, and it had acquired the station in January 2016 for $500,000. Now, it’s handing it off to a buyer who has a similar mission to the seller, which is selling the station at a loss.
EMF picks up a southern California CP
California State University in Long Beach had planned to add a presence well to the east of its home along the Pacific coast
A Silent AM Prepares To Return With ‘Punjab’ Programs
In a transaction brokered by Kalil & Co., Nazar Kooner's Radio Punjab is acquiring a silent 20kw daytime/200 watt nighttime AM that is licensed to use 3 towers to reach an area to the far southeast of Dallas. It's a property once owned by Bustos Media.
Sale of Three Tulsa FMs Closes
ABS Communications has closed on the sale of three FMs in Tulsa.