Radio and Television Transactions

In recent months, the owner of KHCB-FM has built a formidable network thanks to acquisitions and donated assets. Now, it is adding another station to its godly stable, thanks to another gift.

On the "big island" of Hawai'i, there are two metropolitan areas: Kailua-Kona and Hilo. It is in the latter city that an AM radio station has served listeners since Christmas Day 1984.  Today, it is a simulcast of an FM that, like many, uses a Hilo-based and Kona-based MHz signal to cover all of Hawai'i. Soon, however, that AM will say goodbye to the Beach.

Once again, there are no new TV or radio station transactions appearing in the CDBS on Thursday. As such, TRANSACTIONS TODAY offers the latest on one STA, and details on a Mississippi sale's completion.

TRANSACTIONS TODAY reported in November 2019 the sale of two FMs and an AM in Indiana to a locally based operator led by James Allan Schliesmann. It seems an asset was left out of the original asset purchase agreement, leading the buyer and seller to file an amendment via a Form 345 FCC filing made Monday.

In Michigan radio lore, the town of Hudson is known as a place where longtime respected station owners Bruce and Sue Goldsen once managed WMXE. Now, the municipality is making news again, as a Class A with a broadcast tower in rural Osseo, Mich., is being sold.

Tom Troland and Michael Mallace have just acquired an FM station with a construction permit for a new signal allowing to cover much of America's Four Corners region -- including picturesque Cortez, Colo., and much of Farmington, N. Mex.

In a transaction brokered by Kalil & Co., Dhillon’s Radio Punjab in November 2019 agreed to purchase 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. The deal has now formally closed.

A low-power TV station serving a picturesque region of Northern Arizona that includes Sedona and Jerome is being sold. It's the lone deal on a quiet Wednesday for transactions as one big group of brokers holds meetings at NATPE Miami with potential buyers and sellers.

A low-power FM in the heart of the Permian Basin is being sold by a local religious organization to a community group empowered to "Helping Others Prepare for Empowerment." At the same time, a LPFM in Kentucky's biggest metropolitan area is being handed to a new licensee in a "zero-value assignment."

For a generation of radio listeners, the call letters WFNX symbolize Boston's modern rock station. However, those calls of late have belonged to a Class A FM serving a rural Tri-State area due north of Springfield, Mass. The new incarnation of WFNX wasn't a success. As such, the phoenix set for rebirth at this facility will be grounded in the spirit of Christ -- thanks to Educational Media Foundation.

BAR Broadcasting, Inc. of Taylor, Michigan and Red Mountain Ventures, LLC of Birmingham, Alabama have reached a debt cancellation agreement.

On Tuesday, RBR+TVBR reported on the purchase of a silent AM serving the Greenville-Spartanburg, S.C., market by Norsan Media. Now, the seller, which had gained control of all former Davidson Media Group stations, is parting ways with a pair of AMs in one of the most underserved Hispanic markets in the U.S.

In April 2018, a historically African American institute of higher learning sold its 50kw Class C2 facility serving the eastern portion of the Triangle region of North Carolina, in addition to three FM translators. The buyer was Educational Media Foundation. Now, it is spinning one of those translators to another major broadcast ministry.

As RBR+TVBR readers may recall, “TV-49 Inc.” is an entity tied to Norman Shapiro’s Weigel Broadcasting Co. In 2019, it snagged The CW Network affiliation for a Chicago property while also adding a Denver station. Now, Weigel's TV-49 is set to become the licensee of a Hartford LPTV property.