Sold: Michigan, New York, Idaho Stations
August 3, 2015 at 3:17 PM (PT)
DEL REYNOLDS is selling WMTE-A-F/MANISTEE, MI to TODD MOHR's MITTEN MEDIA LLC for $1,000 plus an LMA for the FM. The FCC database still shows ROY E. HENDERSON as the licensee of the AM station.
THOMAS MOLLEN, SR. is selling his 75% voting stock and other members of his family (PATRICIA MOLLEN, THOMAS MOLLEN JR., LAURA COMERFORD, and KEVIN MOLLEN) are selling their 75% of the non-voting stock of GM BROADCASTING, INC., licensee of AC WLTB (MAGIC 101.7)/JOHNSON CITY-BINGHAMTON, NY and W273AB/OWEGO, NY, to 25% owner STEVEN J. GILINSKY, who will end up with 100% of the company, for $250,000.
4-K RADIO, INC. is selling Country KORT-A-F/GRANGEVILLE, ID, K221BA/KAMIAH, ID, and K240AP/PIERCE, ID to JAMES C. NELLY, JR. and DARCY NELLY's NELLY BROADCASTING IDAHO, LLC for $75,000.
PAT JARRELL is selling W243BQ/AUBURN, AL to EAGLE'S NEST INC. for $42,000. The station will rebroadcast Sports WLWE-A (EAGLE SPORTS 1360)/ROANOKE, AL.
SAGA COMMUNICATIONS, INC. has closed on the purchase of News-Talk WSVA-A-W221CF, Sports WHBG-A (ESPN RADIO 1360), Top 40 WQPO (Q101), Hot AC WJDV (FRESH 96.1), and Active Rock WTGD (105.1 BOB ROCKS)/HARRISONBURG, VA from M. BELMONT VERSTANDIG, INC. for $9.64 million.
FAMILY STATIONS, INC. has closed on the sale of noncommercial Religion KQFR/RAPID CITY, SD to REAL PRESENCE RADIO for $200,000.
BUCKLEY COMMUNICATIONS, INC. has closed on the sale of KIDD-A/MONTEREY, CA to SAUL LEVINE's MOUNT WILSON FM BROADCASTERS, INC. for $50,000.
ADELANTE MEDIA OF WISCONSIN LICENSE, LLC has closed on the sale of Regional Mexican WDDW (LA GRAN D)/STURTEVANT-MILWAUKEE, WI to BUSTOS MEDIA OF WISCONSIN, LLC for $1 million.
AMERICAN GENERAL MEDIA's AGM NEVADA, LLC has closed on the swap Regional Mexican KSFE (formerly KKIM-F) (RADIO LOBO)/SANTA FE and its booster, also in SANTA FE, to HUTTON BROADCASTING, LLC for Spanish Adult Hits KLBU (JUAN 102.9)/PECOS, NM.
BEASLEY MEDIA GROUP, LLC has closed on the sale of Religion WYDU-A (POWER HOUSE 1160)/RED SPRINGS, NC to WEDU BROADCASTING INC. for $75,000.
LKCM RADIO GROUP, L.P. has closed on the sale of Top 40 KFSZ (HITS 106)/MUNDS PARK-FLAGSTAFF, AZ to ROGER ANDERSON's SOUTHWEST MEDIA, INC. for $491.400. The buyer has been operating the station under an LMA since 2012. KALIL AND CO. served as broker for the deal.
And RAY HENDRYX's RIO GRANDE BROADCASTING CO./BIG BEND BROADCASTERS, INC. has closed on the sale of Oldies KVLF-A and Country KALP/ALPINE, TX to ALPINE RADIO, LLC, owned by MARTIN and PATRICIA JANE BENEVICH for $275,000 in a promissory note for KVLF and $200,000 ($100,000 in a promissory note, and $100,000 in equity traded by TOM and VAL BEARD for 20% of ALPINE RADIO) for KALP.
In a deal yet to appear in the FCC database, GREG and MARCIA JABLONSKI's LIVINGSTON RADIO CO. is selling Classic Hits WHMI/HOWELL, MI to ROD KROL's KROL COMMUNICATIONS for an undisclosed price, according to a post at WHMI's website. The JABLONSKIS are retiring; they bought the station in 1989 from ANN BIGNELL.