Station Sales: New Charlotte AM, Vegas FM
June 2, 2008 at 5:24 AM (PT)
SUTTON RADIOCASTING CORPORATION sells Talk daytimer WGHC-A/CLAYTON, GA to FAMILY FIRST for $500,000. The station holds a construction permit to move to MOUNT HOLLY, NC (CHARLOTTE) and operate at 870 AM with 5,000 watts daytime. The seller is retaining the right to keep the WGHC calls.
In other deals filed with the FCC, AURORA MEDIA, LLC is selling Dance KVBE (VIBE 94.5)/MOAPA, NV-LAS VEGAS to LKCM RADIO NEVADA, LP for a loan to AURORA of $179,570 and an additional loan of up to $820,430 to pay for the permit and build the station, loans which will be considered paid in full upon transfer of the permit to LKCM.
ROY E. HENDERSON is selling Classic Country KHTZ (LONE STAR FM)/CALDWELL-BRYAN, TX to BRAZOS VALLEY COMMUNICATIONS, LTD. for $875,000.
CENTER FOR CREATIVE COOPERATION, INC. is assigning the construction permit for noncommercial WFTE/MOUNT COBB (SCRANTON), PA to COMMUNITY RADIO COLLECTIVE, INC. for no consideration.
HOLSTON VALLEY BROADCASTING CORPORATION is acquiring another FM translator, picking up W263AM/RURAL RETREAT, VA from APPALACHIAN EDUCATIONAL COMMUNICATION CORPORATION for no consideration other than a license to allow AECC's W263AU/KINSPORT to transmit from HOLSTON VALLEY's BAYS MOUNTAIN transmitter site.
SEQUACHEE CHRISTIAN MINISTRIES is selling W286BP/COWAN, TN to TIMS FORD BROADCASTING COMPANY, INC. for $20,000.