11 Station Deal Closes
February 24, 2009 at 5:07 AM (PT)
O. GENE BICKNELL's AMERICAN MEDIA INVESTMENTS has closed on its purchase of 11 stations from FFD HOLDINGS, INC. for $5.249 million.
The deal includes Country KBTN-A and Classic Country KBTN-F/NEOSHO-JOPLIN, MO; Oldies KGAP (KOOL 98.5) and Classic Country KCAR-A/CLARKSVILLE, TX; Oldies KCAR-F/GALENA, KS; KEWL-F/NEW BOSTON, TX; Rock KJML (ROCK 105)/BAXTER SPRINGS, KS; Talk KKTK-A/TEXARKANA, TX; Top 40 KMOQ (Q 105.3)/COLUMBUS, KS; Classic Country KPGG/ASHDOWN, AR; and Talk KQYX-A/JOPLIN, MO.
Silent Station Sold
HORNE RADIO, LLC is selling silent WATO-A/OAK RIDGE, TN to ANN WALDEN's SHEEPDOG BROADCASTING CORP. for $25,000. The station went silent after one of its three towers fell during a storm in MARCH 2008.
In other deals filed with the FCC, MARIA ELENA JUAREZ is selling the construction permit for KDIL-A/JEROME, ID to MARIA ROSARIO ORTEGA for $5,000. The buyer is also requesting an 18-month extension of time to build the station.
INTER-ISLAND COMMUNICATIONS, INC. is selling Country KCNM-A, "Islands Music" KCNM-F, and AC KZMI/SAIPAN, NORTHERN MARIANA ISLANDS to CHOICE BROADCASTING COMPANY, LLC for $300,000.
And JOHN REYNOLDS is selling FM Translator W267AD/BRYSON CITY, NC to TUGART PROPERTIES, LLC for $20,000.