Partners Restructure Ownership Of Michigan Cluster
July 25, 2014 at 4:48 AM (PT)
TODD MOHR is transferring 94% of SYNERGY MEDIA, INC., licensee of Oldies WKLA-A/LUDINGTON, MI, Country WKZC (Z95)/SCOTTVILLE, MI, and Hot AC WKLA-F/THOMPSONVILLE, MI, and SYNERGY LAKESHORE LICENSES, LLC, licensee of Classic Rock WWKR (94 K-ROCK)/HART, MI, News-Talk WLDN and W224CA/LUDINGTON, MI, and AC WMLQ (COAST FM)/MANISTEE, MI, to partners CRAIG BOWMAN and RICHARD YOUNG in exchange for retaining 100% of the construction permit for WKLA-F and some equipment and assets for his MITTEN MEDIA LLC (SYNERGY will retain the intellectual property and call letters of WKLA-F). After the transaction, MOHR will go from owning 98% to 4% and will resign as President of the company, while BOWMAN and YOUNG will each go from 1% to 48%.
In other filings with the FCC, TRIAD FAMILY NETWORK, INC. is selling W268BU/MOORESVILLE, NC to COLUMBIA BIBLE COLLEGE BROADCASTING COMPANY for $150,000.
CHICAGO PUBLIC MEDIA, INC. has requested a Silent STA for W217BM/CHICAGO while it builds out its new facility under a construction permit based on resolving first adjacent interference trouble; the company had to wait until the City of CHICAGO issued a building permit, which it did on JUNE 24th.
BIRACH BROADCASTING CORPORATION has filed for a Silent STA for WKGE-A/JOHNSTOWN, PA due to transmitter problems.
TOMAHAWK LIGHT BROADCASTING, INC. has applied for a Silent STA for WGBT/TOMAHAWK, WI due to trouble with an Internet=based STL system.
RADIO PAN DE VIDA, LLC has requested a Silent STA for KIQS-A/WILLOWS, CA due to damage from a lightning strike.
CALVARY BAPTIST CHURCH has closed on the sale of noncommercial Religion KWFJ/ROY, WA to BIBLE BROADCASTING NETWORK, INC. for $100,000.
And CIRCUITWERKES, INC. has closed on the sale of the construction permits for FM translators W246CY/BRADENTON, FL and W273CP/NEW PORT RICHEY, FL to COX RADIO, INC. pursuant to a $5,000 put option. The translators are co-channel with COX stations Alternative WSUN (97X)/TAMPA and Talk WHPT (102.5 THE BONE), respectively, with AC WWRM listed as the primary station to be retransmitted.
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