$3 Million Price Tag For West Virginia Sale; Denver AM-Translator Combo Sold
November 3, 2014 at 5:00 AM (PT)
The price for the previously-reported deal by which 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 RADIO CORP. OF THE ALLEGHENIES is revealed in the contract filed with the FCC as $3 million plus the time brokerage agreement that began on SATURDAY (11/1).
In other filings with the FCC, VIC MICHAEL's ADVANCED MODULATION BROADCASTING, LLC and CEDAR COVE BROADCASTING, INC. are selling Sports KDCO-A and K231BQ (MILE HIGH SPORTS RADIO)/GOLDEN-DENVER, CO to GREGORY K. MERILATT's 4-K'S LLLP for $550,000 ($50,000 deposit, $100,000 cash at closing, $400,000 in a promissory note with a balloon payment no later than 120 months after closing).
NORTH FACE BROADCASTING LLC is swapping Classic Hits KCIJ (106.5 THE FOX)/ATLANTA-NACHITOCHES, LA to EDUCATIONAL MEDIA FOUNDATION for K222AO/NATCHITOCHES, LA plus $142,000.
WAY MEDIA, INC. is selling W225BN/CORINTH, MS to TELESOUTH COMMUNICATIONS, INC. for $15,000. The translator will rebroadcast Sports WKCU-A/CORINTH.
SUSAN SMITH is selling K290CH/WENATCHEE, WA to COMMUNITY ORIENTED RADIO ENDEAVOURS for $150.
RADIO WISE, INC is selling Silent WNVA-A-F/BRISTOL, VA to BRISTOL BROADCASTING COMPANY, INC. for $35,000 to clear the Seller's unpaid debt to the FCC and past due property taxes.
JEWELL BROADCASTING, LLC is selling Country KYOO-A/BOLIVAR, MO and KYOO-F/HALF WAY, MO to BENNE BROADCASTING OF BOLIVAR, LLC for $375,000 plus a time brokerage agreement before closing.
MOUNT VERNON NAZARENE UNIVERSITY is selling W284CH/NEWARK, OH to WCLT RADIO INC. for $43,500.
EDUCATIONAL MEDIA FOUNDATION has closed on the swap of Contemporary Christian KKCS (K-LOVE)/CALHAN, CO and $400,000 cash to W. PHILIP ROBINSON's UNITED STATES CP, LLC in exchange for Country KIQN/PUEBLO, CO. EMF has also closed on the sale of noncommercial AIR 1 affiliate Contemporary Christian WNLI/STURGEON BAY, WI to WRVM, INC. for $240,000.
PAPPAS RADIO OF MODESTO, LLC has closed on the sale of Oldies KMPH-A/MODESTO, CA to IHR EDUCATIONAL BROADCASTING for $50,000.
And LAMAD MINISTRIES INC. has closed on the sale of noncommercial Southern Gospel WWVO (THE VOICE)/ALBANY, GA to THE POWER FOUNDATION for $50,000.
A low-power FM construction permit has been granted to CATHOLIC MEDIA PRODUCTIONS in NASHVILLE, TN.