End Of November Brings Several Deal Closing Filings At FCC
December 2, 2015 at 3:04 PM (PT)
The end of NOVEMBER brought with it several deal closing notices filed at the FCC.
Among the closings, PRESTIGE COMMUNICATIONS INC. has closed on the sale of Classic Rock WJEQ (CLASSIC 103), Top 40 WKAI (K-100), News-Talk WLRB-A-W279CR, and Alternative WNLF (MODERN ROCK 95.9)/MACOMB, IL; Country WLMD (HOT COUNTRY 104.7)/BUSHNELL, IL; and Oldies WMQZ/COLCHESTER, IL to VIRDEN BROADCASTING CORP. for $725,000.
DREWRY COMMUNICATIONS' MIDESSA BROADCASTING LIMITED PARTNERSHIP has closed on the transfer of KTXC/LAMESA, TX to RAYCOM MEDIA, INC.'s KWES LICENSE SUBSIDIARY, LLC and KEYU-F/AMARILLO, TX to RAYCOM's KFDA/KEYU LICENSE SUBSIDIARY, LLC as part of RAYCOM's purchase of DREWRY's six TEXAS TV stations for $160 million. The deal also included ABC affiliate KXXV-TV/WACO, TELEMUNDO affiliate KEYU-TV and CBS affiliate KFDA-TV/AMARILLO, ABC affiliate KSWO-TV/LAWTON-WICHITA FALLS, and NBC and CW affiliate KWES-TV/MIDLAND-ODESSA and its satellite KWAB-TV/BIG SPRING. RAYCOM needed a "failing station" waiver to retain KEYU-TV, and an arrangement by which HOAK MEDIA will sell KAUZ-TV/WICHITA FALLS to AMERICAN SPIRIT, LLC, with RAYCOM entering a Shared Services Agreement with KAUZ, ending an existing Joint Sales Agreement.
FOREVER MEDIA has closed on the acquisition of Country WGTY (GREAT COUNTRY 107.7) and Sports WGET-A (ESPN 1320)/GETTYSBURG, PA from TIMES AND NEWS PUBLISHING COMPANY for $4.25 million. Also, DIX COMMUNICATIONS' WTBO-WKGO CORP., L.L.C. has closed on the sale of Country WFRB, AC WTBO-A-W289BR (105.7 THE RIVER), News-Talk WFRB-A, and Classic Rock WKGO (GO 106)/FROSTBURG-CUMBERLAND, MD to FOREVER MEDIA OF MD, LLC (tangible, real, and intellectual property) and FM RADIO LICENSES, LLC (licenses and rights to call letters) for $4 million. MICHAEL J. BERGNER of BERGNER AND CO. was exclusive broker for the deal.
And the transfer of control of the various licensees held by WITHERS BROADCASTING CO. from the estate of the late RUSS WITHERS, who died in JANUARY 2014, to his daughter DANA WITHERS, who served as executor of the estate, has closed.
Also, CALVARY RADIO NETWORK, INC. has requested an extension of its Silent STA for W221BY/ELGIN, IL while it relocates to alleviate interference with a full-power FM and its co-located translator.
CONCORD CARLISLE REGIONAL SCHOOL DISTRICT has filed for an extension of its Silent STA for WIQH/CONCORD, MA while it awaits approval of broadcasting from the new high school building.
KEYHOLE BROADCASTING, LLC has applied for an extension of its Silent STA for KGCC/GILLETTE, WY due to staffing problems.
KERN COMMUNITY RADIO INC. has requested a Silent STA for KSVG/METTLER, CA because its landlord, TEJON RANCH, has refused to renew its lease.
And TED A. MCCALL has filed for an extension of his Silent STA for W270AM/ANDERSON, SC because he has been unable to find a suitable tower for the station's antenna.
KUDD/Salt Lake City Donated To KPCW
In a deal yet to appear in the FCC database, BROADWAY MEDIA is donating the facility of Top 40 KUDD (MIX 107.9)/RANDOLPH-SALT LAKE CITY to COMMUNITY WIRELESS OF PARK CITY, owner of noncommercial News-Talk KPCW/PARK CITY, UT. KPCW will file to move from 91.9 FM to 91.7 FM, with costs of applying and building new facilities paid for by BROADWAY, and will take over KUDD's 107.9 FM signal for programming or resale; the Top 40 MIX format will move from 107.9 to 105.1 via SLC DIVESTITURE TRUST I's KAUU/MANTI, UT (presently stunting with CHRISTMAS music), and KPCW's frequency change will enable BROADWAY's Top 40/Rhythmic KUUU (U92)/SOUTH JORDAN-SALT LAKE CITY to upgrade.
“This is the largest donation to KPCW in our 35 year history and helps secure our future as the community broadcaster dedicated to local coverage of news and information in SUMMIT and WASATCH counties,” said COMMUNITY WIRELESS Chairman BOB RICHER. “KUDD is a significant asset to add to our current station. We are free to either program it ourselves or sell it to a third party to raise money for an endowment to help support KPCW.”