Two Gulf Coast AMs Sold (Separately)
February 2, 2016 at 3:58 AM (PT)
GULF COAST BROADCASTING CO., INC. is selling Adult Standards WABF-A/FAIRHOPE, AL to DONALD H. PUGH, SR.'s ETERNITY MEDIA GROUP, LLC for $105,000 and a time brokerage agreement before closing.
In other filings with the FCC, ANDALA ENTERPRISES, INC. is selling Sports WNWF-A (1140 THE GAME)/DESTIN, FL to NOAH BRITT's TRI CITY RADIO, LLC for $175,000 ($10,000 down previously deposited, an additional $20,000 down, the rest in a promissory note). The buyer has been operating the station in a Local Programming and Marketing Agreement since NOVEMBER.
JADON BROADCASTING, INC. is returning Gospel KDMS-A and Country KLBQ (REAL AMERICAN COUNTRY 98.7)/EL DORADO, AR to EL DORADO BROADCASTING CO. in settlement of a lawsuit over payment of a note and lease and the alleged unlawful detaining of the tower site and studio building.
KASPAR BROADCASTING CO., INC. is selling W235BV/LOGANSPORT, IN to MENDOTA BROADCASTING, INC. for $38,000. The buyer plans to move the translator under the 250-mile AM revitalization rule to simulcast Adult Standards WSPL-A/STREATOR, IL.
PILATI INVESTMENTS CORP. is selling W228DD/HILLSBORO, AL to WATKINS BROADCASTING INC. for $30,000. The translator will rebroadcast Southern Gospel WBSA-A/BOAZ, AL.
CHARLES WILLIAMSON is selling W286CJ and W290CK/MILFORD, PA to THE BERKSHIRE BROADCASTING CORPORATION for $215,000. The primary station is listed as Classic Hits WAXB (B107.3)/RIDGEFIELD-DANBURY, CT.
EDGEWATER BROADCASTING, INC. is selling W274BW/MEDFORD, WI to LEIGHTON RADIO HOLDINGS, INC. for $35,000. The buyer plans to move the station to rebroadcast News-Talk KWNO-A/WINONA, MN on the translator.
PERCY SQUIRE's SANDBLAST, L.P. is selling W240CX/COLUMBUS, OH to SALEM MEDIA OF OHIO, INC. for $350,000. The primary station is News-Talk WTOH (98.9 THE ANSWER)/COLUMBUS, which uses the translator to relay its HD4 channel as News-Talk 95.9 THE DRUM.
iHEARTMEDIA's CITICASTERS LICENSES, INC. has filed to extend its Silent STA for KWDZ-A/SALT LAKE CITY because "the transmitter site land has a new owner and the station has been asked to vacate the property with no chance for renewal."
DAVIDSON MEDIA STATION WLEE LICENSEE, LLC has closed on the sale of Gospel WLEE-A (REJOICE 990)/RICHMOND, VA to JIM JACOBS' RADIO RICHMOND LLC for $10,000 plus an LMA before closing.
And NEAL and ELIZABETH ARDMAN's NIA BROADCASTING has closed on the purcahse of Sports WJSJ/FERNANDINA BEACH, FL (north side of JACKSONVILLE) from TAMA BROADCASTING receiver SCOTT SAVAGE for $800,000.