Stuart W. Epperson Jr.’s Truth Broadcasting Corporation is going to downsize in Boone IA, and Juan Rodriguez and his Latin World Broadcasting Inc. is going to make it possible by buying the AM side of Epperson’s AM-FM combo there.
The station being sold is KTIA-AM, a Class D on 1260 kHz with 5 kW-D and 33-N, with a directional signal during the day. Boone is located to the northwest of Des Moines, and the daytime signal of KTIA gets there. At night, however, it’s a different story for the most part.
The price is $240K. LWBI is required to put $24K into escrow, pay a total of $140K in cash at closing and handle the remaining $100K via promissory note.
One element of the station that is not included are the call letters. The FM side of this combo is officially in the FCC database as KTIA-FM, so LWBI will need to find a new set of alphabetical identifiers. Truth will foot the bill for LWBI’s call change FCC filing fees.
Epperson’s parents are associated with major religious radio group Salem Communications. Besides his remaining Iowa station, his own group includes six stations in North Carolina and one each in South Carolina and Utah.
