EMF Buys Again
March 15, 2007 at 5:47 AM (PT)
EDUCATIONAL MEDIA FOUNDATION continues its national buying spree with the purchase of Contemporary Christian WRKP/MOUNDSVILLE, WV from RKP INTERNATIONAL CORP. for $1 million ($300,000 cash and the rest in a promissory note).
EMF is also selling the construction permits for FM translators K276EX/NORMAN, OK and K252DQ/GOLDSBY, OK to THE LOVE STATION INC. for $12,000; the buyer will use the translators to rebroadcast its noncommercial KJTH/PONCA CITY, OK.
More Sales: Delaware, Georgia AMs, Idaho Translators
In other sales filed at the FCC, EAST COAST BROADCASTING INC. is selling Oldies WNWK-A/NEWARK, DE to JOSE ROBERTO EKONOMO and AIDA ESPERANZA EKONOMO for $200,000 cash. The buyers also own Sports WSPG-A/SPARTANBURG, SC.
KERSHAW BROADCASTING CORP. is selling Oldies daytimer WKSC-A (KISS 1300)/KERSHAW, SC to BIG FISH BROADCASTING for $75,000.
CHRISTIAN RADIO TRANSLATOR ASSOC. is selling FM translator K257DJ/SALMON, ID to FAITH COMMUNICATIONS CORP. for $1.
And MAX T. NICHOLS is selling the CP for FM translator K239AY/MONTPELIER, ID to BEAR LAKE COUNTY TRANSLATOR DISTRICT for $5,000. The translator will rebroadcast noncommercial KUSU/LOGAN, UT.