Sold: Louisville FM, Indiana Trio, 4 In California
October 31, 2014 at 3:59 PM (PT)
CUMULUS' RADIO LICENSE HOLDING SRC LLC is selling silent WLCL (formerly WAYI)/SELLERSBURG, IN-LOUISVILLE to CHAD BOEGER's UB LOUISVILLE, LLC for $3,138,000.
In other filings with the FCC, ARTISTIC MEDIA PARTNERS, INC. is selling Hot AC WNDV-F (U93)/SOUTH BEND and Oldies simulcast WSSM/GOSHEN, IN and WSMM/NEW CARLISLE, IN (97.7 AND 102.3 THE STREAM) to SOUND MANAGEMENT, LLC for $3.5 million. The buyer is headed by ARTHUR A. ANGOTTI, III, son of the seller's principal.
ADELANTE MEDIA OF CALIFORNIA LICENSE LLC is selling four radio stations -- Spanish Hits KLMG (LATINO 97.9)/ESPARTO, CA, Regional Mexican KGRB (LA GRAN D)/JACKSON, CA, Regional Mexican KBAA (LA LEY)/GRASS VALLEY, CA, and Regional Mexican KBBU (LA GRAN D)/MODESTO, CA -- and one LPTV (AZTECA AMERICA affiliate KSTV-LP/SACRAMENTO) to LAZER LICENSES, LLC for $2.9 million plus an LMA before closing.
GARK, LLC is selling Urban AC WWKS (KISS FM)/CRUZ BAY, VI to RJ WATKINS GROUP, LLC for $325,000.
CITYWORKS COMMUNITY BROADCASTING, LLC is selling Triple A WVMP/VINTON, VA to COMMUNITY MEDIA GROUP, LLC for $175,000.
BIBLE BAPTIST COLLEGE, INC. is selling noncommercial KWFC/SPRINGFIELD, MO to RADIO TRAINING NETWORK, INC. for $1,301,000 ($845,000 cash, $456,000 worth of underwriting spots valued at $25/spot).
ALBERT PEREIRA D/B/A PEREIRA COMMUNICATIONS LLC is selling Silent KIGS-A/HANFORD, CA to NEW MEDIA BROADCASTING, INC. for $625,000.
AIR AUGUSTINE, INC. is selling WALE/ST. AUGUSTINE BEACH, FL to FLAGLER BROADCASTING, LLC for $400,000.
FLASH BROADCASTING, LLC is selling Country KBRV-A/SODA SPRINGS, ID to OLD WEST MEDIA, INC. for assumption of loans financed by CARIBOU BROADCASTING in the amounts of $36,342.96 and $29.400, plus acquisition of K224EJ/MONTPELIER, ID for $15,000 and refinancing of a business loan of $26,000.
The price for the previously announced sale by PEMBROOK PINES, INC. of Country WZKZ (KZ102)/ALFRED-WELLSVILLE, NY to SOUND COMMUNICATIONS, LLC is $130,000 plus an LMA before closing. DICK FOREMAN of RICHARD A. FOREMAN ASSOCIATES, INC. served as exclusive broker for the deal.
The price for the previously announced sale by COCHISE BROADCASTING LLC of Adult Standards KOMJ-A (MAGIC 1490)/OMAHA to WALNUT RADIO, LLC has been disclosed in the FCC paperwork as $450,000.
The previously undisclosed price for the sale by MAPLETON BROADCASTING of five SAN LUIS OBISPO market stations -- Eclectic KPYG (KPIG, repeating sister KPIG/FREEDOM, CA)/CAYUCOS (and its booster in SAN LUIS OBISPO), Classic Rock simulcast KXTZ/PISMO BEACH-KXDZ/TEMPLETON (93.5 THE BEACH), Top 40 KWWV (WILD 106.1)/SANTA MARGARITA, and AC KYNS-A-K229AK (B93.7)/SAN LUIS OBISPO -- to ERIC FAHNOE's DIMES MEDIA is $1 million.
JONAH CREEK MEDIA is transferring noncommercial KXMP/BLOWOUT, TX and K256BX/LUCKENBACH, TX to SUN RADIO FOUNDATION for no consideration. The seller, which is disbanding, is also transferring K261DW/AUSTIN to TOWNSHIP MEDIA LLC d/b/a SUNRADIO.COM, also for no consideration.
FRIENDS OF ST. SIMONS RADIO is selling W297BN/BRUNSWICK, GA and W246CX/ST. SIMONS ISLAND, GA to DEBRA SEARS GRAHAM for $10.
COVENANT NETWORK is donating W243DF/DECATUR, IL to ST. MARY'S HOSPITAL, DECATUR.
WAY MEDIA, INC. is selling W227CX/MAGNOLIA PARK, FL to iHEARTMEDIA's CAPSTAR TX LLC for $100,000 plus an eight year deal to rebroadcast WAY-FM's programming on WDRM-HD2 or WDRM-HD3/HUNTSVILLE, AL.
EDUCATIONAL MEDIA FOUNDATION is selling W291CJ/MARQUETTE, MI, W254AG/ESCANABA, MI, and W260AG/ISHPEMING, MI to GREAT LAKES RADIO, INC. for $1.
BROADCAST TOWERS, INC. is selling K291BX/LAS VEGAS to SHAMROCK COMMUNICATIONS, INC. for $15,000. The translator will rebroadcast Religion KKVV-A/LAS VEGAS.
GERALD R. PROCTOR is swapping K245BT/BUNA, TX to CCS RADIO, INC. for K288FY/LIVINGSTON, TX.
LOTUS BROADCASTING CORP. has filed for a Silent STA for K257BU/HENDERSON, NV while it builds its new facility at a new tower site.
RADIO ASSIST MINISTRY, INC. has requested an extension of its Silent STA for W226AK/SYLVESTER, GA after losing its tower lease. And sister EDGEWATER BROADCASTING, INC. has requested an extension of its Silent STA for W276CF/SYLVESTER, GA for the same reason.
EDUCATIONAL MEDIA FOUNDATION has closed on the sale of W293CA/FLINT, MI to CHRISTIAN BROADCASTING SYSTEM, LTD. for $60,000. The translator will rebroadcast Religion WSNL-A (VICTORY 600)/FLINT.
And LKCM RADIO GROUP, L.P. has closed on the sale of KOME-F/MERIDIAN, TX to NORTH TEXAS RADIO GROUP. L.P. for $38,800.
Also, the CHARLESTON GAZETTE reports that WEST VIRGINIA PUBLIC RADIO's board has approved a proposal to purchase Variety WVKM (KIXX 106.7)/MATEWAN, WV from EVELYN WARREN's THREE STATES BROADCASTING CO., INC. for $280,000. The station was recently transferred back to WARREN by DREAMA THORNSBURY's HATFIELD MCCOY BROADCASTING, INC. for forgiveness of debt.
A low power FM construction permit has been granted to THE NEIGHBORHOOD NETWORK at COLUMBUS, OH.
In a deal yet to appear in the FCC database, STEPHENS COLLEGE is selling noncommercial KWWC (SWEET 90.5)/COLUMBIA, MO to the UNIVERSITY OF MISSOURI for $50,000 plus $50,000 in underwriting over a five-year period. KBIA.ORG reports that STEPHENS will retain the KWWC call letters and move its programming online; KWWC will flip to Classical upon closing, with KBIA adding News-Talk programming daytimes and Classical at night.
In another deal yet to be filed with the Commission, PRETTYMAN BROADCASTING is selling News-Talk WEPM-A and AC WLTF (LITE 97.5)/MARTINSBURG, WV and Country WICL (95.9 THE BIG DAWG)/WILLIAMSPORT, MD to JOHN RAESE's WEST VIRGINIA RADO CORP. for an undisclosed price, according to WEST VIRGINIA RADIO CORP.'s co-owned METRO NEWS. The buyer will take over programming under an LMA on SATURDAY (11/1); CUMBERLAND cluster Market Manager ANDREW POWASKI will assume responsibilities for the new acquisitions.