Price For NRG-Riverfront Iowa Deal: $3.5 Million
October 14, 2014 at 4:20 AM (PT)
The price for which NRG MEDIA is selling seven NORTHWESTERN IOWA stations -- AC KLGA-F and Country KLGZ-A-K235BJ/ALGONA, IA; News-Talk KWBG-A/BOONE, IA; AC KHBT (97.7 THE BOLT)/HUMBOLDT, IA; and Oldies KQWC-A (MAGIC 1570) and AC KQWC-F (Q95)/WEBSTER CITY, IA -- to RIVERFRONT BROADCASTING, LLC is $3.5 million, and the deal also includes K225BZ/WEBSTER CITY, according to the contract filed with the FCC. The price was previously undisclosed when the deal was announced last week.
In other filings with the FCC, NIEMEYER COMMUNICATIONS LLC is selling Country KOTE (COYOTE RADIO)/EUREKA, KS to BUSINESS SERVICES MANAGEMENT LLC for $37.500.
RICK VERMILLION is selling his 49% interest in MEDIA PROFESSIONALS, INC., licensee of Country KUNQ (BIG COUNTRY 99.3 THE ROOSTER) and Sports KBTC-A/HOUSTON, MO, to JUSTIN W. DIXON for $10,000 ($5,000 cash, the rest in the form of a 2006 LINCOLN pickup truck). AMY VERMILLION remains 51% owner.
DENISE CHOI is selling W236CL/MILLBOURNE, PA to SCRIBE VIDEO CENTER for $1.
CATALINA ISLAND CONSERVANCY has requested an extension of its Silent STA for KCFH/TWO HARBORS (CATALINA ISLAND), CA.
And CONNER MEDIA CORP. has closed on the sale of W264CU/HICKORY, NC to IREDELL BROADCASTING, INC. for $85,000. The translator has filed to move to the tower of its primary station, News-Talk WSIC-A/STATESVILLE, NC.
Also, two LOS ANGELES-area low power FMs were granted construction permits for 99.1 FM, including REACH FOR THE TOP, INC. at VENICE, CA and STRATEGIC INTERNATIONAL MINISTRIES in SIMI VALLEY, CA.