LMA Becomes Purchase In Minnesota
March 5, 2010 at 4:44 AM (PT)
SORENSON BROADCASTING CORP. is selling Country KCUE-A (BLUFF COUNTRY 1250) and Classic Rock KWNG/RED WING, MN to ALAN R. QUARNSTROM's Q MEDIA GROUP LLC for $1.55 million. The buyer has been programming the stations under an LMA since 2007.
In another FCC filing, EASTERN SIERRA BROADCASTING is selling the construction permit for a new AM in JACKSON, CA to MOTHER LODE BROADCASTING for $60,000.
REGENT BROADCASTING has filed the FCC paperwork to convert its ownership interests to debtor-in-possession status. The filings, pursuant to the recently filed chapter 11 bankruptcy, leave the stations' licenses in REGENT management's control.
And in FM translator deals filed with the FCC, RADIO ASSIST MINISTRY, INC. is selling W242AX/AUBURN, AL to LAYTON ENVIRONMENTAL ENGINEERING for $28,000 and is also selling W239AP/MOBILE, AL to 550 AM, INC. for $30,000; BIG BEND BROADCASTING is selling K274AX/AUSTIN and K288FJ/BASTROP, TX to EMMIS for $250,000; and SISTER GRACE, INC. is selling W270BC/PESHTIGO, WI to AMDG RADIO, INC. for $2,500.