Sold: Richmond AM, Meridian, MS Cluster
June 3, 2016 at 3:53 AM (PT)
TRI-CITY CHRISTIAN RADIO, INC. is selling Gospel WFTH-A (FAITH RADIO 1590)/RICHMOND, VA to STU-COMM, INC. for $300,000 plus an LMA before closing.
In other filings with the FCC, NEW SOUTH COMMUNICATIONS, INC. is selling News-Talk WALT-A and News-Talk WALT-F/MERIDIAN, MS, Classic Hits WKZB (95.1 THE BUZZ)/MARION, MS, and Classic Country WUCL (COUNTRY LEGENDS 97.9)/NEWTON, MS to ROGER BURKE's BURKE BROADCASTING, LLC for $500,000 ($25,000 down, $475,000 in a promissory note) plus an LMA and JSA before closing.
ROGER WRIGHT d/b/a PROSPECT COMMUNICATIONS is selling W239BY/FLORENCE, AL to CANAAN COMMUNICATIONS INC. for $40,000. The buyer plans to move the translator to rebroadcast Gospel WQSE-A/WHITE BLUFF, TN.
RADIO TRAINING NETWORK, INC. is selling W246CV/GREENWOOD, SC to TOWER ABOVE MEDIA LLC for $30,000.
WDLW RADIO, INC. has applied for an extension of its Silent STA for W293AZ/ELKHART, IN while it awaits arrival of new transmitter equipment.
CALVARY CHAPEL OF TWIN FALLS, INC. has requested an extension of its Silent STA for K204DQ/WICHITA, KS due to tower structural failure and the need to move and rebuild the station.
RONALD and GLORIA HUGHES have closed on the sale of WESTEND RADIO, LLC, licensee of Classic Country KOHU-A and AC KQFM/HERMISTON, OR, to ANGELA and CODY PURSEL for $406,440 for real estate and $637,500 for the LLC. ANGELA PURSEL, who held 15% of the LLC, now holds 51% of the company.
JOHNSON ENTERPRISES, INC.has closed on the sale of Oldies KWME, News-Talk KLEY-A and K262CQ/WELLINGTON, KS and News-Talk KKLE/WINFIELD, KS to ROCKING M MEDIA, LLC.
EDUCATIONAL MEDIA FOUNDATION has closed on the sale of K269FC/RENO, NV and K228DA/GARDNERVILLE, NV to TOM QUINN's RENO MEDIA GROUP, L.P. for $152,000. The translators will rebroadcast Top 40 KLCA (ALICE @ 96.5)/TAHOE CITY-RENO.
NOALMARK BROADCASTING CORP. has closed on the sale of Top 40 KLAZ/HOT SPRINGS, AR, Active Rock simulcast KYRC/BISMARCK, AR-KHRK/MALVERN. AR (REAL ROCK 93.5 AND 101.5), and Gospel KBHS-A-K288FP/HOT SPRINGS, AR to GREG SHINN's CENTRAL ARKANSAS RADIO GROUP for $1.6 million plus 80% of Accounts Receivable as of closing.
DAKOTA BROADCASTING, LLC has closed on the sale of Agricultural News-Talk KQLX-A (890 AG NEWS) and Classic Country KQLX-F (THUNDER 106.1)/LISBON-FARGO, ND to ROBERT J. INGSTAD's I3G RADIO, LLC for $1 million. DAKOTA has also closed on the sale of Classic Hits KEGK (1069 THE EAGLE)/WAHPETON-FARGO, ND to BROOKE INGSTAD's RADIO WAHPETON BRECKENRIDGE, LLC for $600,000.
And VERMONT PUBLIC RADIO has closed on the sale of W226BX/HANOVER, NH (now W222CH/ORANGE-ATHOL, MA); W250BU/BARRE, VT (now W266CU/MIDDLEBURY); and W274BU/BURLINGTON, VT (now W227DF/MONTPELIER, VT) to COUNTY BROADCASTING COMPANY, LLC/RADIO BROADCAST SERVICES, INC. for $165,000 ($55,000 each). The buyer plans to move the translators to rebroadcast Oldies WFAT-A (THE BIG 700)/ORANGE-ATHOL, MA; silent WFAD-A/MIDDLEBURY, VT; and Sports WSKI-A (CBS SPORTS 1240)/MONTPELIER, VT, respectively.