Price Tag For Great Scott-The Voice Delmarva Deal: $1.7 Million
March 9, 2015 at 3:57 AM (PT)
GREAT SCOTT BROADCASTING's previously-announced sale of Hot AC WKDB (B 95.3)/LAUREL, DE, Hot AC WZEB (simulcast of WKDB)/OCEAN VIEW, DE, Classic Rock WJKI (simulcast of WGBG)/BETHANY BEACH, DE, and Spanish Hits WXSH (MAXIMA 106.1)/POCOMOKE CITY, MD, to THE VOICE RADIO NETWORK now has a price tag attached, with the contract being filed with the FCC. THE VOICE is paying $1.7 million for the four stations, and is also following a settlement and restatement of the LMA between GREAT SCOTT and HOLA MEDIA NETWORK, LLC and the separate deal by which GREAT SCOTT sold Classic Rock WGBG (BIG CLASSIC ROCK 98.5) and Adult Hits WJWK-A (SUE AM 1280)/SEAFORD, DE; WJWL-A and Active Rock WZBH (93.5 THE BEACH)/GEORGETOWN, DE; Country WKHI (HOT COUNTRY 107.7)/FRUITLAND, MD; and Top 40/Rhythmic WOCQ (OC104)/BERLIN, MD, plus translators Contemporary Christian W242AV (REACH FM, rebroadcasting WXHL/CHRISTIANA-WILMINGTON, DE)/SEAFORD, DE and Spanish Variety W262BF (simulcast of WJWL-A)/GEORGETOWN, DE to ADAMS for $3.15 million.
In other filings with the FCC, FIRST VENTURES CAPITAL PARTNERS, INC. is selling K248AY/SIOUX CITY, IA to CUP O'DIRT COMMUNICATIONS, LLC for $50,000. The translator will air the buyer's Religion KZOI-A/DAKOTA CITY, NE.
JOHN REGH is assigning K245AU/EAST QUINCY, CA to RICHARD COMRAS for no consideration.
BEASLEY MEDIA GROUP, LLC has requested a Silent STA for W245BC/LAUDERDALE LAKES, FL while it constructs modified facilities.
S AND H BROADCASTING L.L.C. has applied to extend its Silent STA for KQCM/NORTH SHORE, CA while it moves the transmitter.
BILL SHIRK's HOOSIER BROADCASTING CORP. has closed on the sale of noncommercial Hot AC WIRE (RADIOMOM 91.1 FM)/LEBANON, IN to BRENT G. LEE 's COMMUNITY RADIO PARTNERS for $205,000
And WAY MEDIA , INC. has closed on the sale of W202BZ/CORDELE, GA to THE POWER FOUNDATION for $25,000.
In a closing yet to appear in the FCC database, HUBBARD BROADCASTING has closed on its purchase of 16 radio stations from OMNI BROADCASTING COMPANY in the ALEXANDRIA, BEMIDJI, BRAINERD and WADENA, MN markets for $8 million. The stations include Country KIKV (KIK FM)/SAUK CENTRE and Oldies KULO (COOL 94.3)/ALEXANDRIA in the ALEXANDRIA market; AC KKZY (KZY 95.5), Country KBHP (KB101), and Sports KBUN-A-K235BP/BEMIDJI, Classic Hits WQXJ (CLASSIC HITS 104.5)/BLACKDUCK, and Classic Rock KLLZ (Z99)/WALKER in the BEMIDJI market; and Classic Rock KLIZ-F (THE POWER LOON), AC WJJY, Oldies KUAL (COOL 103.5), Sports KLIZ-A (THE FAN), and News-Talk KVBR-A/BRAINERD, Country KBLB (B93.3)/NISSWA, Country KKWS (K106) and Classic Country KWAD-A/WADENA, and Classic Country KNSP-A/STAPLES in the BRAINERD-WADENA market.