An AM radio station with a Construction Permit for 1kw during daylight hours and 80 watts at night from 1 tower, which is presently silent under Special Temporary Authority, is being sold by entrepreneur Jeff Chang.
The buyer? It’s an owner of radio stations in small markets across California.
KKZI-AM 1310 in Barstow, Calif., is poised to become the property of Steven Rubin-led Rubin Broadcasting of Needles, Calif.
The deal would give Rubin its first station in Barstow, a key city between Las Vegas and the greater Los Angeles area along I-15 and at the western terminus of I-40.
KKZI would join a group of stations licensed to Fort Bragg, Lancaster, Mendocino, Mojave, Needles and Salinas, Calif.
The sale agreement, dated October 8 and filed on Wednesday in the FCC’s LMS for regulatory approval, sees Chang selling the AM for $15,000.
A $1,000 deposit has been made by Rubin. At closing, $5,000 will be wired to Chang. That will be followed by $3,000 payments made on June 30, September 30 and December 31, 2026, respectively.
Importantly, the transaction includes an airtime agreement on Rubin-owned low-power television stations in the Monterey-Salinas DMA.
Serving as Chang’s legal counsel is Kathleen Victory of Fletcher, Heald & Hildreth.
