Prices For Classical South Florida/Way Media Fort Myers FM Deals Disclosed
February 15, 2012 at 4:39 AM (PT)
The price for the previously-announced purchase by AMERICA PUBLIC MEDIA's CLASSICAL SOUTH FLORIDA, owner of Classical WKCP/MIAMI and WPBI/WEST PALM BEACH, of Contemporary Christian WAYJ/FORT MYERS from WAY MEDIA, INC. is $4.35 million ($3.6 million in cash, up to $750,000 in a promissory note), according to the contract filed with the FCC.
Also disclosed in an FCC filing is the price for WAY MEDIA's purchase of Religion WSRX/NAPLES from FAMILY CHRISTIAN BROADCAST NETWORK, which the contract reveals is $1.5 million plus an LMA before closing. WAY is moving its Contemporary Christian WAY-FM programming to WSRX's 89.5 FM frequency.
In other filings with the FCC, BUSINESS TALKRADIO NETWORK's BTR BOSTON, INC. is selling Talk WXBR-A/BROCKTON, MA to JOHNSON NAPOLEON's AZURE MEDIA, LLC for $250,000.
FIRST VENTURES CAPITAL PARTNERS, INC. is selling FM translator W262BI/ROBINSON, IL to THE ORIGINAL COMPANY, INC. for $25,000. The translator will rebroadcast the buyer's Sports WTAY-A/ROBINSON, IL.
KANZA SOCIETY, INC. is selling FM translator K241CO/LAMAR, CO to ALLEYCAT COMMUNICATIONS for $2,000, contingent on a frequency change to 101.5 FM and a move to a new location.
PAULINO BERNAL EVANGELISM is selling FM translator K240CW/CORPUS CHRISTI, TX to CARLOS LOPEZ for $20,000.
RADIO MILLENNIUM LLC is selling FM translator K273AT/CLEAR LAKE, CA to ONE MINISTRIES, INC. for $9,500.
CORBAN BROADCASTING, INC. has applied for a Silent STA for WIMV/OWINGSVILLE, KY while it moves to a new studio site.
WRVM, INC. is requesting a Silent STA for FM translator W267AF/RHINELANDER, WI after its landlord removed the station's equipment "because they needed the extra space for other equipment." The station has a construction permit for a new location but is applying for yet another location.
CENTRO FAMILIAR CRISTIANO has applied for a Silent STA for FM translator K296BP/EPHRATA, WA due to problems with its program source.
MORTENSON BROADCASTING's MBC OF TEXAS-KRVA, INC. has closed on the sale of brokered Ethnic KRVA-A/COCKRELL HILL-DALLAS-FT. WORTH, TX to CHARLES S. KIM's PACIFICSTAR MEDIA II CORPORATION for $1.4 million.
EDUCATIONAL MEDIA FOUNDATION has closed on the swap of FM translator K294BN/GREAT FALLS, MT and $30,000 to THE MONTANA RADIO COMPANY, LLC for FM translator K281BK/VICTOR, MT.
And the receiver for the late HARVEY GRAHAM's CAROLINA BEACH MUSIC BROADCASTING, licensee of Classic Hits-Beach Music WVCO (94.9 THE SURF)/LORIS-MYRTLE BEACH, SC, has closed on the sale of the station to CAROLINA BEACH MUSIC, LLC for $901,000.