Price Tag For 35 CC Spinoffs: $45.7M
February 8, 2007 at 5:45 AM (PT)
The paperwork's been filed at the FCC for the sale of several IDAHO, MONTANA, MINNESOTA, and IOWA stations by CLEAR CHANNEL to CHRIS DEVINE's BLUE POINT MEDIA.
It shows that DEVINE is paying $45.7 million for KID-A & F/IDAHO FALLS; KLLP/CHUBBUCK, ID; KPKY & KWIK-A/POCATELLO; KEZJ, KLIX-A & KLIX-F/TWIN FALLS, ID; KKCB, KLDJ & WEBC-A/DULUTH; KBMX/PROCTOR, MN; KBUR-A & KGRS/BURLINGTON, IA; KBKB-A & F/FT. MADISON, IA; KBBB, KBUL-A, KCTR & KKBR/BILLINGS; KMHK/HARDIN, MT; KZMY, KMMS & KMMS-F/BOZEMAN, MT; KISN/BELGRADE, MT; KPRK-A & KXLB/LIVINGSTON, MT; KYSS & KGVO-A/MISSOULA, MT; KLCY-A/EAST MISSOULA, MT; KLTC/SUPERIOR, MT; KBAZ & KLYQ-A/HAMILTON, MT; and KSEN-A & KZIN/SHELBY, MT.
BLUE POINT previously bought 11 WYOMING stations from CLEAR CHANNEL for $16.5 million.