Sold: Half Interest In New Mexico FM Pair
December 13, 2013 at 4:47 AM (PT)
KATE BLACK and SHANNON BLACK are selling their 25% shares each in ASKK MEDIA, INC,, parent of WEST WAVES, INC., licensee of AC KLNN (LUNA 103.7)/QUESTA, NM and booster KLNN-1/TAOS, and TAOS COMMUNICATIONS CORPORATION, licensee of Triple A KTAO/TAOS, to KATHERINE SPEIRS, for $110,000 as part of a $275,000 deal that includes $16,500 for half of alcohol/food/live entertainment company ASKK SPIRITS, INC. and $148,500 for half of real estate company ASKK PROPERTIES, LLC. SPEIRS will own 75% of the company, while AIDAN BAIN remains 25% owner.
In other filings with the FCC, CLEAR CHANNEL's CAPSTAR TX LIMITED PARTNERSHIP is selling FM translator W268CA/JACKSON, MI to JACKSON RADIO WORKS, INC. for $16,000.
BONNEVILLE HOLDING COMPANY is selling the construction permits for FM translators K262CH and K290CE/POCATELLO, ID to RIVERBEND COMMUNICATIONS, LLC under a pair of put options, for payment of costs associated with the permits.
VISIONARY RELATED ENTERTAINMENT, INC. is transferring FM translator K265ET/PRINCEVILLE, HI to OHANA BROADCAST COMPANY LLC as part of a settlement of the lawsuits between the parties. The translator rebroadcasts Top 40 KQNG-A/ELEELE, KAUAI.
EDUCATIONAL MEDIA FOUNDATION is selling FM translator W252BO/PUMPKIN CENTER, NC to DOWN EAST BROADCASTING COMPANY, INC. for $17,000. The translator will rebroadcast Southern Gospel WJCV-A/JACKSONVILLE, NC.
EDGEWATER BROADCASTING, INC. is selling FM translator K231CE/DURANT, OK to TEXOMA BROADCASTING, INC. for $27,000. The translator will rebroadcast Talk KSEO-A/DURANT.
COVE MOUNTAIN EDUCATIONAL BROADCASTING, INC. has requested a Silent STA for WWCF/MCCONNELLSBURG, PA due to loss of its tower lease.
CUMULUS subsidiary RADIO LICENSE HOLDING CBC, LLC has requested a Silent STA for WNRX/JEFFERSON CITY, TN because it is "not financially viable at this time."
CALL COMMUNICATIONS GROUP, INC. has applied to extend its Silent STA for WAZQ/ISLAMORADA, FL while it secures a new tower site.
GRACE PUBLIC RADIO has closed on the sale of noncommercial KHJA/TATUM, TX to EDUCATIONAL RADIO FOUNDATION OF EAST TEXAS, INC.for $15,000.
And DOUD MEDIA GROUP, LLC has closed on the sale of Country KABW (95.1 THE WOLF)/BAIRD-ABILENE, TX and Top 40 KORQ (CHANNEL 96Q)/WINTERS, TX to COMMUNITY BROADCAST PARTNERS LLC for $1.1 million ($25,000 down, $200,000 cash, $875,000 in a promissory note).
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