Houston-Area AM Sells For $1 Million
January 23, 2012 at 3:56 AM (PT)
LIBERMAN BROADCASTING OF HOUSTON LICENSE LLC is selling Ethnic KJOJ-A/CONROE, TX to ROBERTO R. VILLARREAL and RUBEN VILLAREAL's DAIJ MEDIA, LLC for $1 million.
In other filings with the FCC, WILLIAM G. GARLITZ is selling his 50% interest in GAINES COUNTY BROADCASTING, LLC, licensee of Country KIKZ-A and Country KSEM-F/SEMINOLE, TX, to partner KENNETH E. RIPLEY (49%) and GENEVA RIPLEY (1%) for $380,159.49. The transaction gives KENNETH RIPLEY 99% ownership of the stations. GARLITZ is also selling his 60% of FORT STOCKTON RADIO CO., INC., licensee of AC KFST-A and Country KFST-F/FORT STOCKTON, TX to KENETH RIPLEY for $287,877.
ALEJANDRO SANTO DOMINGO is selling his 75% interest in WSUA BROADCASTING CORPORATION, licensee of Spanish Talk WSUA-A (RADIO CARACOL 1260)/MIAMI, to EUCARIO BERMUDEZ for $225,000 plus an additional fee tied to the increase in the Consumer Price Index since April 1, 2003 estimated as of DECEMBER 7th as $266,625. GLR, which owns 25% of the licensee, had exercised its right to purchase the 75% but had been deferred by the FCC due to the need for an interim waiver of the FCC's foreign ownership riles, and GLR has rescinded the exercise of its option.
RADIO ASSIST MINISTRY, INC. is selling FM translator K277BS/ST. CLOUD, MN (formerly W220DW/BRAINERD, MN) to LEIGHTON ENTERPRISES, INC. for $24,000. The translator will be used to rebroadcast the signal of the buyer's Talk KNSI-A/ST. CLOUD on FM.
FIRST VENTURES CAPITAL PARTNERS, INC. is selling FM translator W282AS/SALTILLO, MS to JOHN M. DOWDY for $25,000. The translator will rebroadcast the buyer's Adult Standards WELO-A/TUPELO, MS.
CLEAR CHANNEL BROADCASTING LICENSES, INC. has applied to extend its Silent STA for FM translator K243AT/MERAUX, LA pending final clearance for construction.
BURLINGTON COUNTY COLLEGE is asking for an extension of its Silent STA for FM translator W236AF/BURLINGTON, NJ, displaced by work on the BURLINGTON-BRISOL BRIDGE, on which the antenna is normally installed and which was removed while the bridge is renovated.
And SOUTHERN ELECTRONICS COMPANY, INC. has requested an extension of its Silent STA for WONA/WINONA, MS, which was taken off the air due to a lightning strike and is awaiting closing of the station's sale.