Mississippi FM Time Brokerage Deal Converted To Sale
November 7, 2014 at 4:34 AM (PT)
RAINEY BROADCASTING, INC. is selling News-Talk WMXI/LAUREL, MS to EAGLE BROADCASTING LLC for $800,000 ($200,000 cash, $600,000 in a promissory note). The buyer has been operating the station under a time brokerage agreement since JULY.
In other filings with the FCC, CSN INTERNATIONAL is selling W236CG/BOLINGBROOK, IL and W236CF/HOMEWOOD, IL to WINDY CITY BROADCASTING, LLC for $150,000. The same buyer, headed by JOHN BRIDGE, bought W280EM/CHICAGO from the same seller for $1 million earlier this year. In all cases, the primary station for the translators is listed as CHICAGO PUBLIC MEDIA noncommercial News-Talk WBEZ/CHICAGO.
ALABAMA CHRISTIAN RADIO INC. is selling W276CL/ATLANTA JUNCTION, GA to RADIO QUILT, LLC for $15,000. The translator will rebroadcast HEIRBORN MINISTRIES, INC. Gospel WROM-A/ROME, GA.
CALVARY CHAPEL OF TWIN FALLS, INC. has requested a Silent STA for K220HD/FALL CITY, WA due to inability to receive an acceptable signal from its primary station. A previous request was made in AUGUST but the form was not filled out correctly.
LIBERMAN BROADCASTING's LBI RADIO LICENSE LLC has closed on the sale of Ranchera KHJ-A (LA RANCHERA 930 AM)/LOS ANGELES to IHR EDUCATIONAL BROADCASTING for $9.75 million. The station is flipping to IHR's Catholic programming, while LIBERMAN has moved the Ranchera format to sister KWIZ/SANTA ANA as "LA RANCHERA 96.7," replacing the Regional Mexican "LA ROCKOLA 96.7" format.
The sale by WALLA WALLA UNIVERSITY of K293CB/BAKER CITY, OR to KCMB, LLC for $7,000 has closed.
CALVARY CHAPEL OF OMAHA has closed on the sale of K235CD/OMAHA to iHEARTMEDIA's CAPSTAR TX LLC for $225,000.
And VIRGINIA TECH FOUNDATION, INC. has closed on the sale of W221CF/HARRISONBURG, VA to M. BELMONT VERSTANDIG, INC. for $62,500. The translator will rebroadcast News-Talk WSVA-A/HARRISONBURG.