A Class D AM to the northeast of the Dallas-Fort Worth area that has been serving the market’s large South Asian population as part of the “FunAsia” network of stations is trading hands.
The station is KVTT-AM 1110, licensed to Mineral Wells, Tex. It’s a boomer, with 50kw … until it shuts down at night to protect KFAB-AM 1110 in Omaha and WBT-AM 1110 in Charlotte. When on the air, KVTT’s signal extends to Wichita Falls, Tex., and up to the Oklahoma cities of Ardmore and Norman.
KVTT also uses FM translator K238CC at 95.5 MHz, licensed to the small town of Decatur, Tex., and the translator and Class D AM are being sold by John and Linda Hammond’s Texoma Broadcasting to Decatur Media Land Ltd.
The buyer is paying $1.375 million for the AM and translator, in a broker-free deal.
Decatur Media Land is headed by Saumil Thakkar, and he’s likely going to keep the FunAsia programming in place. Why? Decatur Media Land has been LMA’ing KVTT and K238CC since August 2017, making this a lease-to-purchase arrangement that has now come to fruition.
The Hammonds continue to own KBXD-AM 1480 in Dallas and KHSE-AM in Wylie, Tex. KBXD was added in June 2017, when the Hammonds acquired the facility from broker Mark Jorgenson for $600,000. KBXD is a former James Crystal Enterprises station, and the station was sold by ACM JOE IV B LLC — an entity set up following the March 2015 bankruptcy auction conducted in conjunction with James Crystal’s Chapter 11 bankruptcy filing.
FunAsia airs a variety of religious and secular music and talk programming in Hindi, Urdu and Punjabi languages.
