Amended Price For Virginia AMs Revealed
November 21, 2007 at 5:48 AM (PT)
The final price for the purchase of Gospel WVAB-A (PRAISE 1550) and Talk WBVA-A/VIRGINIA BEACH by SIMA BIRACH's BIRACH BROADCASTING in a bankruptcy court auction is $345,000, according to the FCC filing for the sale. The original winning bid by BIRACH was announced at $275,000.
In other deals filed with the FCC this week, BAHAKEL COMMUNICATIONS' GREENWOOD BROADCASTING CO. is selling Talk WABG-A/GREENWOOD, MS to SPB, LLC for $12,000; LARRY PATRICK's LEGEND COMMUNICATIONS OF WYOMING, LLC is buying Oldies KWOR-A and Hot AC KKLX (KLICKS 96)/WORLAND, WY from KWOR, INC. for $750,000; BRUNDAGE MOUNTAIN AIR, INC. is selling AC KMCL-A/DONNELLY, ID to MOUNTAIN AIR, LLC for $50,000 plus a time brokerage agreement; EDUCATIONAL MEDIA FOUNDATION buys Contermporary Christian KKDU/EL DORADO, AR and WLRK/GREENVILLE, MS from GEORGE S. FLINN JR.'s BROADCASTING FOR THE CHALLENGED, INC. for $320,000 (half in a promissory note); VISION BROADCASTING, INC. is selling silent KPXS/VIDALIA, LA to TOM D. GAY for $150,000; and FRIENDS OF CHRISTIAN RADIO, INC. is selling three INDIANA FM translators to PROGRESSIVE BROADCASTING SYSTEM, INC. for an aggregate $32,000.