LMA Turns To Sale At Austin AM; iHeartMedia Buys 2 Florida FM Translators
May 17, 2016 at 4:35 AM (PT)
BUSTOS MEDIA HOLDINGS, LLC is selling Religion KTXW-A (THE BRIDGE)/MANOR-AUSTIN, TX to GENE BENDER's GLG MEDIA, LLC for $1.75 million ($321,997.97 paid in cash, the $1,428,000.03 balance to be paid in a promissory note). The buyer has been operating the station under an LMA since 2014.
In other filings with the FCC, REACH COMMUNICATIONS, INC. is selling W295AZ/JACKSONVILLE BEACH, FL and W283AN/ALTAMONTE SPRINGS, FL to iHEARTMEDIA's CLEAR CHANNEL BROADCASTING LICENSES, INC. for $250,000 and $500,000, respectively. The primary station for W295AZ is presently listed as Top 40 WKSL (97.9 KISS FM)/JACKSONVILLE, and the primary station for W283AN is listed as Talk WTKS-F (REAL RADIO 104.1)/ORLANDO.
SOUTHEAST TEXAS TELECOM, LLC has applied for a Silent STA for KSET-A/LUMBERTON, TX due to lightning damage.
COCHISE MEDIA LICENSES LLC has requested a Silent STA for KXBK/TAYLOR, AZ while it builds a combined antenna system with two other stations.
VIC MICHAEL's MOUNTAIN COMMUNITY TRANSLATORS, LLC has closed on the sale of K264BO/GRANBY, CO to CRAWFORD's KLZ RADIO, INC. for $100,000. The buyer plans to move the translator to rebroadcast News-Talk KLZ-A/DENVER.
EASTERN KENTUCKY UNIV. has closed on the sale of W298BY/HARLAN, KY (now W290CY/COLUMBIA, SC) and W232CX/BARBOURVILLE, KY (now W295CD/CHARLOTTE) to FAMILY FIRST for $60,000. The buyer plans to move the translators to rebroadcast Religion WBAJ-A/BLYTHEWOOD, SC and News-Talk WTCG-A/MOUNT HOLLY-CHARLOTTE, NC, respectively.
POSITIVE ALTERNATIVE RADIO, INC. has closed on the sale of W227BM/WINCHESTER, VA to METRO RADIO, INC. for $72,500. The buyer plans to move the translator into the WASHINGTON, DC area to rebroadcast Spanish AC WTNT-A (LA CAPITAL)/ALEXANDRIA, VA, which presently rebroadcasts in two other translators.
PALMETTO MEDIA PARTNERS, LLC has closed on the sale of W251BZ/ORANGEBURG, SC to FRED R. KEITH for $60,000.
EDUCATIONAL MEDIA FOUNDATION has closed on the sale of K224EQ/KERRVILLE, TX (now K241CM/ALVIN, TX-HOUSTON) to SALEM's SOUTH TEXAS BROADCASTING, INC. for $50,000. The buyer is moving the translator to rebroadcast Business Talk KTEK-A/ALVIN-HOUSTON.
And FIRST VENTURES CAPITAL PARTNERS, INC. has closed on the sale of K203EK/HOLYOKE, CO (now K257GB/KEARNEY, NE) to NRG LICENSE SUB, LLC for $25,000. The buyer plans to move the translator to rebroadcast News-Talk KGFW-A/KEARNEY, NE.