Grace, Forever Swap Pair Of Tennessee FMs, Birach Sells Kentucky AM
May 11, 2012 at 3:52 AM (PT)
GRACE BROADCASTING SERVICES, INC. is swapping Talk WTGP (SUPERTALK 97.7)/TRENTON, TN to FOREVER SOUTH LICENSES, LLC for Talk WTJW/HUMBOLDT, TN plus $525,000. WTGP is a Class C2 facility and WTJW is a Class A facility; both serve the JACKSON, TN market.
ED HENSON of HENSON MEDIA served as exclusive broker for the transaction.
BIRACH BROADCASTING CORP. is selling Regional Mexican WCND-A (LA EXPLOSIVA 940)/SHELBYVILLE, KY to PEDRO C. ARCE for $226,000, including $150,000 for the station and $76,000 as "balance owed by Buyer," paid $10,000 in cash and $216,000 in a promissory note (7% per annum, monthly payments of $3,500).
In other filings with the FCC, CALVARY BAPTIST CHURCH OF LEXINGTON PARK, INC. is selling Religion WGWS/ST. MARY'S CITY, MD to CALVARY CHAPEL OF TWIN FALLS, INC. for $57,000.
THE RAFTT CORP. is selling silent KEOR-A/CATOOSA-TULSA, OK to LA ZETA 95.7 INC. for $325,000, contingent on due diligence to upgrade the station from 2,000 watts daytime to 7,000 watts critical hours, 10,000 watts daytime. A previous deal to sell the station to the CATHOLIC DIOCESE OF TULSA in 2009 never closed.
LAKE COUNTY TV-FM INC. is selling FM translator K228AG/LEADVILLE, CO to CARBONDALE COMMUNITY ACCESS RADIO, INC. for $1.
And JIREH MEDIA, INC. has applied for a Silent STA for KQLO/SUN VALLEY, NV while it seeks a new transmission site.