Three Time Brokerage Agreements Converted To Station Sales
March 16, 2015 at 4:03 AM (PT)
VOLUSIA BROADCASTING CO., LLC is selling Classic Rock WROD-A and W284AV/DAYTONA BEACH to PATRICIA P. MIRACLE's MIRACLE MEDIA GROUP, LLC for $300,000. MIRACLE took over programming via a time brokerage agreement at the beginning of the year.
In other filings with the FCC, THE MONTANA RADIO CO., LLC is selling News-Talk KCAP-A (formerly KMTX) and K242BB/HELENA, MT to CHERRY CREEK RADIO's CCR-HELENA IV, LLC for $250,004. CHERRY CREEK has been programming the stations since OCTOBER under a Time Brokerage Agreement.
ASHEVILLE EDUCATIONAL ASSOCIATION, INC. is selling noncommercial Contemporary Christian WLFA (HIS RADIO 91.3, simulcast of WLFJ/GREENVILLE, SC)/ASHEVILLE, NC to RADIO TRAINING NETWORK, INC. for $500,000 ($100,000 cash, $400,000 in a promissory note). The buyer has been programming the station under a Time Brokerage Agreement.
And E-STRING WIRELESS, LTD. is selling K299BN/BEAUMONT, TX to MARTIN BROADCASTING, INC. for $70,000. The station, which will rebroadcast Gospel KZZB-A/BEAUMONT, has a construction permit to move its frequency and change calls to K298CB.
In a deal yet to be filed with the FCC, TED TUCKER's COCHISE BROADCASTING, LLC is selling KCDC/LA VERKIN-ST. GEORGE, UT to CRAIG HANSON's REDROCK BROADCASTING, INC. for an undisclosed price. KALIL AND CO. served as exclusive broker for this transaction.
Low Power FM construction permits were granted to:
- MINISTERIO GUERRERO DE JESUCRISTO INTERNACIONAL, INC., DURHAM, NC
- PROCESS THEATRE, INC., SACRAMENTO, CA
- LA MEAESTRA FAMILY CLINIC, EL CAJON, CA
- WEST SACRAMENTO NEIGHBORS FAIR, WEST SACRAMENTO, CA
- POSITIVE HOPE INC., SAN DIEGO, CA