Contract Filed For KDB-USC-SMC Deal
April 7, 2014 at 2:54 PM (PT)
The paperwork for the three-way deal that will put THE SANTA BARBARA FOUNDATION (PACIFIC BROADCASTING)Classical KDB/SANTA MONICA in the hands of the UNIVERSITY OF SOUTHERN CALIFORNIA as a simulcast of Classical KUSC/LOS ANGELES and USC's noncommercial Classical KQSC in the hands of SANTA MONICA COLLEGE DISTRICT as a simulcast of its Triple A-News KCRW/SANTA MONICA-LOS ANGELES (NET NEWS 2/18), and the contract confirms that SANTA MONICA COLLEGE is paying SANTA BARBARA FOUNDATION $1.3 million ($1 million cash, $300,000 in a promissory note) to make the deal happen, with USC getting the KDB signal and SANTA MONICA COLLEGE getting the KQSC signal.
TRIANGLE SPORTS BROADCASTERS, LLC is selling silent WDUR-A/DURHAM, NC to RAVI CHERUKURI 's AROHI MEDIA LLC for $150,000. A previous sale to PRIETO BROADCASTING for $900,000 never closed.
CSN INTERNATIONAL is selling W245CA/FORT WAYNE, IN to ADAMS RADIO OF FORT WAYNE for $50,000. The translator will rebroadcast Religion WLYV-A (REDEEMER RADIO)/FORT WAYNE.
TAUNA M. BARBIERI is selling K245BR/POCATELLO, ID to CARL WATKINS for $839 (paid in three adult and two children's tickets to DISNEYLAND and CALIFORNIA ADVENTURE).
BIRACH BROADCASTING CORP. has requested a Silent STA for WVAB-A/VIRGINIA BEACH, VA while it awaits zoning approval for its new site.
REACH COMMUNICATIONS, INC. has applied for a Silent STA for W246BO/DELTONA, FL to make technical adjustments to allow it to resume rebroadcasting Religion WRUM-HD2 (REACH FM)/ORLANDO.
ONE MINISTRIES, INC. has closed on the sale of noncommercial KZBV/CARMEL VALLEY, CA and FM translator K219LL/CHUALAR, CA to AWARE FM, INC. for $90,000.
MT. OLIVE PRIMITIVE BAPTIST CHURCH has closed on the transfer of the construction permit for FM translator W272DH/NEW SMYRNA BEACH, FL to RICHARD L. VAN ZANDT.
And EDUCATIONAL MEDIA FOUNDATION has closed on the swap of FM translator K281BK/MISSOULA, MT plus $250,000 to SPANISH PEAKS BROADCASTING, INC. for the construction permit for KNFL/CHARLO, MT.
Low-power FM construction permits have been granted to the following:
VALLEY STREAM OF RALEIGH HOMEOWNERS ASSOCIATION, INC., RALEIGH, NC
SEATTLE UNIVERSITY, SEATTLE, WA
ST. JUDE CATHOLIC CHURCH, MANSFIELD, TX
OKLAHOMA CATHOLIC FAMILY CONFERENCE, INC.,OKLAHOMA CITY, OK
VALLEY VIEW RADIO, ALBEMARLE, NC