Radio and Television Transactions

Travel south of Pueblo, Colo., and you'll reach Colorado City, where a Class C1 FM has been airing a Country format. Now, the future of this station will soon be in the hands of a new owner.

All is forgiven, financially speaking, for a broadcast ministry that owed another religiously minded entity a few thousand dollars. The outstanding loan has been erased. But, this results in an asset exchange agreement involving a Southern New Jersey property.

Take a drive along U.S. 74 in North Carolina, and you may just spot a two-tower array while stopping at Pelican's SnoBalls for some "original New Orleans shaved ice." The towers are tied to a Class B AM serving Gaston County since the 1950s. Now, this non-secular operation is trading hands.

In April 2018, a historically African American institute of higher learning sold its Class C2 FM serving the eastern portion of the Triangle region of North Carolina, in addition to three FM translators, to Educational Media Foundation. Now, EMF has closed on the spin of one of those translators to another major non-commercial religious broadcasting entity.

Troy, Ala., is the home of Troy University. It's also one of three main municipalities where a daytime-only AM radio station offering Urban Contemporary hits -- mainly via its FM translator -- can be tuned to. The facilities have just been sold.

Idaho non-profit religious radio operation Edgewater Broadcasting has largely been selling off its assets, primarily many of its FM translators across the country. Now, it is engaging in an asset swap. It makes perfect sense. The station Edgewater is getting airs programming it produces and supplies from its Twin Falls headquarters.

Tune to 97.9 MHz in the city of Raleigh, N.C., and you'll hear hip-hop music. It's an FM translator tied to a 500-watt daytime-only AM station that barely reaches the Durham portion of the market. Now, the AM and the FM translator are being sold by the university that has owned them to the entity that's been operating the facilities.

Travel to the northwest of Lansing, and you'll reach the city of Hubbardston. Here, a Class A FM recently signed on the air. Now, it is trading hands, some nine months after an agreement had initially been reached.

A decade ago, a limited liability company was formed to serve as a consulting firm in the acquisition and sales of radio and TV stations. This led to the purchase of a television station in Springfield, Mo. Today, this company is expanding by grabbing a MeTV affiliated LPTV station serving The Ozarks region.

Travel to the east of Findlay, Ohio, and you'll find the small city of Tiffin. It is home to two universities, a glass museum that pays homage to Tiffin's past, and the historic Ritz Theater. It's also home to a Class D AM with a FM translator offering Oldies programming, which officially has a new owner — some five years after the sale process began.

On Nov. 6, 2019, Salem Media Group made two revelations. First, the company focused on Christian-themed and conservative talk radio programming said it had to delay the release of its Q3 2019 earnings. Second, it said it was selling an AM radio station in a suburb of Orlando, Fla. Salem on Monday completed the sale of that Central Florida facility.

For many years, a Class B AM with 1 daytimer tower and 3 nighttime towers licensed to Corrales, N. Mex., has served the Albuquerque market with Spanish-language programming. This saw the signal used for regional Mexican programming, and then a religious format, en español. Now, the facility is poised to take on a whole new form of multicultural broadcasting.

George Hochman is the sole owner of two FM stations in the Aloha State and the majority shareholder of five other radio stations in Hawaii. A sixth station is 25% owned by Hochman, with noted Los Angeles air personality William Poorman another 25% owner. Now, Hochman is set to become the 100% owner of a silent AM serving the Honolulu market.

A Class A digital TV station licensed to Cleveland -- Tennessee, not Ohio -- with the ability to reach viewers in nearby Chattanooga is being sold. The deal, reached April 2, formally marks the end of Heartland programming, with a change to religious offerings on the way.