May 6, 2008 at 5:22 AM (PT)
NANCY EPPERSON's CHESAPEAKE-PORTSMOUTH BROADCASTING CORPORATION is selling Talk WZNZ-A/JACKSONVILLE to QUEEN OF PEACE RADIO for $1.6 million. The buyer owns Religion WQOP-A in the market. WZNZ is presently LMA'd to former FLORIDA Democratic state legislator ANDY JOHNSON for a Talk format.
The previously reported sale by NRG MEDIA of its recently-acquired AC KWBE-A/BEATRICE, NE to RICK SIEBERT's SIEBERT BROADCASTING INC. has been filed with the FCC, revealing that the purchase price is $650,000 plus an LMA before closing. NRG acquired KWBE when it bought TRIAD BROADCASTING's four-station LINCOLN cluster for $17.5 million.
And WAY-FM MEDIA GROUP, INC. is transferring FM translator W261AW/GADSDEN, AL to JIMMY JARRELL COMMUNICATIONS FOUNDATION, INC. in exchange for JARRELL dismissing another application,