Price For L&L-YMF Columbia Deal: $13 Million
September 19, 2013 at 3:51 AM (PT)
The price for L&L BROADCASTING's purchase of the YMF MEDIA COLUMBIA, SC cluster -- Alternative WARQ (ROCK 93.5), Urban WHXT (HOT 103.9), Classic Rock WMFX (FOX 102), Talk WOIC-A, and Urban AC WWDM (101.3 THE BIG DM) -- is $13 million plus an LMA before closing, according to the contract filed with the FCC.
In other filings with the FCC, CUMULUS' RADIO LICENSE HOLDING CBC, LLC has applied for an extension of its Silent STA for WNRX/JEFFERSON CITY, TN because the station "is not financially viable at this time."
GEORGE WARREN's HATFIELD MCCOY COMMUNICATIONS, INC. has closed on the sale of WVKM/MATEWAN, WV to DREAMA THORNSBURY's HATFIELD MCCOY BROADCASTING, INC. for $250,000.
THE CEDARVILLE UNIVERSITY has closed on the sale of the construction permit for FM translator W288CM/CONNERSVILLE, IN to EDUCATIONAL MEDIA FOUNDATION for $10,000.
And WAY MEDIA, INC. has sold FM translator W295AV/WINCHESTER, TN to FRANKLIN COUNTY RADIO & BROADCASTING, INC. for $14.217.