Alpha-L&L Merger Complete, Purchase Of Main Line Stations Closes
July 1, 2014 at 2:09 PM (PT)
ALPHA BROADCASTING has completed its merger with L&L BROADCASTING to become ALPHA MEDIA and has closed on the purchase of 19 stations in RICHMOND, LOUISVILLE, DAYTON, and HAGERSTOWN-CHAMBERSBURG from MAIN LINE BROADCASTING for $57 million.
ALPHA/L&L Chairman LARRY WILSON said, “The merger of PORTLAND’s ALPHA operation into our newly created ALPHA MEDIA results in one Company operating all markets. Our Live and Local Vision continues to be our focus, and now with adding the former MAIN LINE markets we can continue to develop our footprint with four attractive markets operated by great radio people. We are excited to add them to our growing company.”
L & L Pres./CEO BOB PROFITT added, “From the day we visited each MAIN LINE market, we knew that they were full of talented radio broadcasters that understand our vision and how we operate. We feel our live and local approach will enhance each market’s rating and revenue potential. Having PORTLAND in the fold allows us to liberally use some of the best brains in the radio business to help listeners, clients and employees at our other markets throughout the country.”
KGY, INC. Talk KGY-A/OLYMPIA, WA has been sold to SACRED HEART RADIO for $250,000, reports THE OLYMPIAN. The sale has yet to appear in the FCC database. The station has been continuously owned by the same family since 1939; the format will be changed to Religion. KGY, INC. will retain FM translator K237FR, which rebroadcasts KGY-A, and Country KYYO (SOUTH SOUND COUNTRY KAYO).
In the sole station transfer item to show up in the FCC database early TUESDAY (7/1), RONALD C. HUNTINGTON has closed on the sale of his 50% interest in CLAY HUNTINGTON LEGACY L.L.C., licensee of Talk KLAY-A/LAKEWOOD, WA, to CHERYL S. FRANCO (1%, giving her 51%) and MICHAEL FRANCO (49%) for $225,000.
In other FCC actions, the license for PAMAL BROADCASTING Silent WPNI-A/AMHERST, MA has been deleted. The station went silent in NOVEMBER and the license was surrendered on MAY 27th; a sale to THE LOVE RADIO CHURCH, challenged by ERIC SCOTT, was never consummated.
Also deleted were KKFC/HART, TX and KSPU/SPUR, TX, the licenses for which was surrendered by letter by CHRISTIAN MINISTRIES OF THE VALLEY INC. on JUNE 11th and 12th, respectively.
VICTORY PUBLISHING CO., LTD.'s booster license for KBEY-FM-1/MARBLE FALLS, TX was also surrendered as of JUNE 13th and deleted.
BREVARD YOUTH EDUCATION BROADCASTING CORP.'s license for low-power FM WGRV-LP/MELBOURNE has been deleted.
LAURENS COUNTY BROADCASTING CO., INC. has announced that it is taking Sports WPCC-A/CLINTON, SC off the air. In a statement by the CRUICKSHANK family that owns the station appearing on its website, the licensee, which had LMA'd the station to SOUTHERN BROADCAST ASSOCIATES, said, "There comes a time to move on into the next phase of our lives and our careers and for WPCC, that time is now. The past three years of an operational partnership took the day-to-day burdens of operating a business off of our shoulders but as that venture comes to an end, it is time to turn down the mikes, fade out the background music and quietly close the door on nearly sixty years of community broadcasting for WPCC. Why? Maybe we could blame the economy or technology or competition or so many other useful excuses but in reality the simple answer is: It’s time."
And MIDWESTERN BROADCASTING has shut Talk WZTK-A/ALPENA, MI down and moved the Talk format to new FM sign-on WZTK. On its website, the station said, "The new FM station will have a better signal, sound and coverage area and will not be affected by weather or a diminished nighttime signal. As a result, AM 1450 WATZ that has been on the air since 1946 will cease broadcasting operations."
MORE ABOUT: kgy | wpcc | fcc | data | alpha media | licensee | portland | wztk | june | clinton | may | tuesday | lakewood | lma | richmond | november | ltd | amherst | dayton | wpni | klay | kyyo | kspu/spur | wgrv | alpena | music | watz | kbey | kkfc/hart | the love radio church | victory publishing co | ronald c. huntington | sacred heart radio | alpha broadcasting | pamal broadcasting | main line broadcasting | midwestern broadcasting | laurens county broadcasting co | christian ministries of the valley inc | southern broadcast associates | clay huntington legacy l.l.c | south sound country kayo | cheryl s. franco | michael franco | hagerstown | cruickshank | louisville | technology | eric scott | bob profitt | the olympian | marble falls | chambersburg | larry wilson | brevard youth education broadcasting corp | lp/melbourne | sports | credit | insurance | ipad