Cherry Creek Sells Stephenville, Texas Cluster
August 27, 2015 at 4:03 AM (PT)
CHERRY CREEK RADIO's CCR-STEPHENVILLE III, LLC is selling Country KSTV-F (THE MIGHTY 93)/DUBLIN, TX, Country-Southern Gospel KCOM-A, Classic Rock KYOX (94.3 THE OX ROCKS)/COMANCHE, TX, and Spanish Variety KSTV-A (FIESTA 1510)/STEPHENVILLE, TX to ROBERT S. ELLIOTT, JR.'s VILLECOM LLC for $1.11 million ($860,000 cash, $250,000 in a 6%, 5-year promissory note).
In other filings with the FCC, THE KBOO FOUNDATION is selling noncommercial KBLU-F/PILOT ROCK, OR to BLUE MOUNTAIN COMMUNITY RADIO, INC. for $1.
OROVILLE SOUTHSIDE COMMUNITY IMPROVEMENT ASSOCIATION, INC. has closed on the transfer of low power FM KOYO-LP/OROVILLE, CA to AFRICAN AMERICAN FAMILY CULTURAL CENTER for no consideration.
CORNERSTONE COMMUNITY RADIO, INC. has closed on the sale of W221CY/NORMAL, IL to PILOT MEDIA, LLC for $40,000.
And GEORGIA-CAROLINA RADIOCASTING CO., LLC has closed on the sale of W288CR/CASHIERS, NC and W262CO/ASHEVILLE, NC to SAGA COMMUNICATIONS OF NORTH CAROLINA, LLC for $125,000.