CC Spins One In PA; EMF Buys In Indy, Michigan
July 13, 2009 at 4:45 AM (PT)
CLEAR CHANNEL is selling Religion WKBO-A (FORTRESS 1230AM)/HARRISBURG, PA to ONE HEART MINISTRIES, INC. for $385,000 and forgiveness of up to $150,000 of the remaining balance of the amount due under the parties' existing time brokerage agreement.
EDUCATIONAL MEDIA FOUNDATION is buying Oldies WKLU/(OLDIES 101.9)/INDIANAPOLIS from RUSS OASIS for $4.75 million plus $1.55 million for the studio facility and building, according to INDIANA RADIOWATCH. EMF is also buying noncommercial WYUR/MIDLAND, MI from MUNCY HILLS BROADCASTING, INC. for $5,000.
TED TUCKER JR.'s SKYWEST MEDIA LLC is selling KFMR/BALLARD, UT, KPSA/LORDSBURG, NM, and the construction permit for a new FM in TAYLOR, AZ to TED TUCKER SR.'s COCHISE MEDIA LICENSES LLC for forgiveness of a $552,000 promissory note.
BUD WILLIAMSON's DIGITAL RADIO BROADCASTING is swapping FM translator W248AN/COOPERSTOWN, NY to ALBANY public radio station WAMC (NORTHEAST PUBLIC RADIO) in exchange for WRUN-A/UTICA.
HORIZON CHRISTIAN FELLOWSHIP is selling FM translators W212CB/YORK, AL and W262BQ/LIVINGSTON, AL to EDGEWATER BROADCASTING, INC. for $11,500 each.