Sold: Savannah FM, Oregon AM
July 19, 2013 at 5:48 AM (PT)
Receiver SCOTT SAVAGE is selling Classic Country WSGA (CLASSIC COUNTRY 92.3)/HINESVILLE, GA to EDUCATIONAL MEDIA FOUNDATION for $525,000. The station was owned by TAMA RADIO LICENSES OF SAVANNAH, GA before the TAMA companies went into receivership.
In other filings with the FCC, SCHWARTZBERG COMMUNICATIONS, INC. is selling Oldies KNND-A/COTTAGE GROVE, OR to REITEN COMMUNICATIONS, LLC for $173,250 paid with $1,107.14 as earnest money and the rest over 20 years at 4.5% interest ($1.099.86/month).
RADIO TRAINING NETWORK, INC. is selling FM translators W246CG/DURHAM, NC and W257CS/MORRISVILLE, NC to CAPITOL BROADCASTING's WDNC-AM, LLC for $450,000. The translators will rebroadcast sister Sports WDNC-A (620 THE BUZZ)/DURHAM.
And FOUR RIVERS BROADCASTING, INC. has closed on the sale of Variety KTDE (THE TIDE 100.5)/GUALALA, CA to THE TIDE COMMUNITY BROADCASTING, INC. for $25,000 plus a time brokerage agreement before closing.