Station Sales: Shuffle Between West Virginia Radio Corp. And AJG Corp, And WNTN/Newton-Boston Sold
January 3, 2017 at 2:10 PM (PT)
WEST VIRGINIA RADIO CORPORATION OF BUCKHANNON is selling Adult Standards WBUC-A/BUCKHANNON, WV to AJG CORPORATION for $18,000. In addition, WEST VIRGINIA RADIO CORPORATION OF CHARLESTON is also selling News-Talk WSSW-F (3WS)/CRAIGSVILLE, WV and its booster WSWW-FM1/SUMMERSVILLE, WV to AJG for $72,000, and AJG in turn is selling Country WKKW/FAIRMONT, WV to WEST VIRGINIA RADIO CORPORATION for $5.6 million. AJG is a company founded in 2007 based on the acquisition of stations spun off from WEST VIRGINIA RADIO CORP., including WKKW, and owned by trusts for the benefit of the descendants of WVRC's JOHN RAESE and DAVID RAESE.
In other filings with the FCC, COLT COMMUNICATIONS, LLC is selling Ethnic brokered WNTN-A/NEWTON-BOSTON, MA to DELTA COMMUNICATIONS, LLC for $175,000.
CARLOS LOPEZ is selling K281CC/BENSON, AZ to PAUL S. LOTSOF for $4,000. The translator will rebroadcast Country KAVV (CAVE 97.7 FM)/BENSON.
WTIS-AM INC. has applied for a Silent STA for WTIS-A/TAMPA, FL after losing its transmitter site lease.
GLORY COMMUNICATIONS, INC. has requested a Silent STA for WEAF-A/CAMDEN, SC while it completes ground system and transmitter work.
MARTHA WHITMAN has closed on the assignment of KOAZ/ISLETA, NM and K279BP/ALBUQUERQUE, NM to her husband DON DAVIS' VANGUARD MEDIA for no consideration.
CAROLINA CHRISTIAN RADIO, INC. has closed on the sale of Religion WLTT-A/CAROLINA BEACH, NC to CLI RADIO, LLC for $53,000.
NEVADA CITY COMMUNITY BROADCAST GROUP has closed on the sale of K233CT/TRACY, CA (now K292HD/SANTA MARIA, CA) to KNIGHT BROADCASTING, INC. for $13,000. The buyer is moving the translator to rebroadcast News-Talk KUHL-A/SANTA MARIA, CA.
DAVIDSON MEDIA GROUP, LLC has closed on the sale of K296GS/SAN BERNARDINO, CA to LOTUS LOS ANGELES CORP. for $35,000. The buyer plans to move the translator to rebroadcast Spanish Sports KTMZ-A (ESPN DEPORTES)/POMONA, CA.
And REACH COMMUNICATIONS, INC. has closed on the sale of W288DD/TAMARAC, FL to EDGEWATER BROADCASTING, INC. for $80,000 and the sale of W233AP/OAKLAND PARK, FL to EDGEWATER BROADCASTING, INC. for $50,000.
Also, MIDWEST COMMUNICATIONS, INC. has closed on the purchase of Classic Rock KQDS-F/DULUTH and its simulcast stations WXXZ/GRAND MARAIS, MN and KAOD/BABBITT, MN; AC WEVE/EVELETH and its three translators W288AI/ELY, MN, W252AN/HIBBING, MN, and W221AU/VIRGINIA, MN, and Country KGPZ (Z96)/COLERAINE, MN from RED ROCK RADIO CORP. for $5.625 million. KALIL AND CO. served as exclusive broker for the deal. KGPZ has flipped to Classic Country as "DUKE FM," and KQDS is now simulcasting on MIDWEST's WMFG/HIBBING, which flipped from Classic Hits.
KRISTIN CANTRELL's SEVEN MOUNTAINS MEDIA, LLC has closed on the purchase of Classic Rock WZDB/SYKESVILLE-DU BOIS, PA and WZDD/STRATTANVILLE-CLARION, PA; Country WOWQ (Q102)/DUBOIS, PA; and Hot AC WQYX and Oldies WCPA-A/CLEARFIELD, PA from FIRST MEDIA RADIO, LLC for $4.5 million. MICHAEL J. BERGNER of BERGNER AND CO. served as exclusive broker for the buyers and LARRY PATRICK of PATRICK COMMUNICATIONS represented the sellers.
And ART ANGOTTI's ARTISTIC MEDIA PARTNERS, INC. has closed on the sale of four LAFAYETTE, IN stations, Country WYCM (YOUR COUNTRY 95.7)/ATTICA, IN; Adult Hits WBPE (95.3 BOB FM)/BROOKSTON, IN; and Top 40 WAZY-F (Z96.5) and Sports WSHY-A (FOX SPORTS 1410)/LAFAYETTE, to LAFAYETTE TV, LLC for $2.3 million. The buyer is headed by BILL CHRISTIAN and MIKE REED and owns low power FOX and NBC affiliated TV station WPBI-LD/LAFAYETTE. KALIL & CO., INC. served as exclusive broker for the transaction.