Zell Expands WBEB Board, Takes Majority
May 12, 2015 at 4:05 PM (PT)
Control of JERRY LEE, LLC, parent of AC WBEB (101.1 MORE FM)/PHILADELPHIA licensee JERRY LEE BROADCASTING, LLC, is being transferred from LEE's JL RADIO ENTERPRISES, LLC to ZELL CREDIT OPPORTUNITIES FUND, L.P. The move adds two members to the board of JERRY LEE, LLC and allows creditor ZELL to appoint both, giving it three of five board seats instead of the present one of three. The present board includes JERRY LEE, PAUL ASTOR, and IAN GOLDBERG; ZELL is appointing NILS LARSEN and KATHLEEN STEELE to the board. The move does not change equity ownership of the parties.
In other filings with the FCC, PARTNERS BROADCAST GROUP, LLC is selling Classic Hits WVGB-A and W233AW (94.5 THE COAST)/BEAUFORT, SC to MOUNT CARMEL BAPTIST CHURCH for $300,000.
EDGEWATER BROADCASTING, INC. is selling W266AL/PENSACOLA, FL to EASY MEDIA, INC. for $38,000. The translator rebroadcasts Sports WBSR-A (ESPN PENSACOLA)/PENSACOLA.
THE ASSOCIATION FOR COMMUNITY EDUCATION, INC. is selling K213CR/KING CITY, CA to CARLOS ARANA MINISTRIES for $1.
Broker MARK JORGENSON's ACM JCE IV B LLC has closed on the acquisition of the licenses of News-Talk WFTL-A/WEST PALM BEACH, Sports WMEN-A/ROYAL PALM BEACH, FL, Brazilian Religion WFLL-A (NOSSA RADIO 1400)/FORT LAUDERDALE, and Religion/Brokered KBXD-A/DALLAS from JCE LICENSES, L.L.C./JAMES CRYSTAL LICENSES, LLC in the bankruptcy auction of JAMES CRYSTAL RADIO assets for $5.5 million.
WENDOLYNN TELLEZ has closed on the sale of K260CB/SAN MARCOS, TX to TOWNSHIP MEDIA LLC for $45,000.
BLACKSTRAP BROADCASTING has closed on the sale of Russian News/Talk WSNR-A/JERSEY CITY, NJ to DAVIDZON RADIO for $12.5 million.
And SUNBURST MEDIA-LOUISIANA, LLC has closed on the sale of Contemporary Christian KXMG (K-LOVE, formerly Spanish Hits MEGA 107.5)/JEAN LAFITTE-NEW ORLEANS, LA to EDUCATIONAL MEDIA FOUNDATION for $3.2 million.
PETER HANDY of STAR MEDIA GROUP acted as broker for the deal.
JEHOVAH JIREH INTERNATIONAL MISSION and SLAVIC COMMUNITY CENTER OF NW, INC. have been granted 100.7 FM for low power FMs in PORTLAND, OR. Also granted LPFM permits were TERRELL INDEPENDENT SCHOOL DISTRICT at TERRELL, TX and CHARLES F MARTIN MINISTRY, INC. at LIVE OAK, FL.
And PALMETTO BROADCASTING SYSTEM, INC.'s license for WAGL-A/LANCASTER, SC has been cancelled at the licensee's request; owner LEN PHILLIPS passed away in SEPTEMBER 2014.
Meanwhile, an objection has been filed against the license renewal of MENDOCINO COUNTY PUBLIC BROADCASTING noncommercial News-Talk KZYX/PHILO, CA by MARY K. MASSEY, who alleges that the station aired "profanity and obscenity on at least two occasions" and that PD MARY AIGNER committed "three acts of direct Gender Discrimination" against male employees with the knowledge of GM JOHN COATE. The complaint alleges that the three make employees were "purged" by AIGNER for playing profane songs but that AIGNER did not act against a female friend who allegedly did the same thing.