Trustee Files To Take Over North Dakota CP
March 22, 2010 at 5:24 AM (PT)
WESTERN EDGE MEDIA, LLC has gone bankrupt, and a trustee has filed with the FCC to take over control of the construction permit for KDXN/SOUTH HEART-DICKINSON, ND. MICHAEL L. WAGNER was appointed trustee for the assets under Chapter 7 bankruptcy fled in AUGUST; his appointment was entered on MARCH 16th. The station planned a launch with a Country format early in 2009 but ran into financial trouble before it could sign on.
In another FCC filing, SUMMIT CITY RADIO GROUP is transferring the licenses of Adult Standards WGL-A-F (102.9 FM and 1250 AM THE RIVER), Top 40/Rhythmic WNHT (WILD 96.3), and Rock WXKE (ROCK 104)/FORT WAYNE from SUMMIT CITY LICENSE SUB, LLC to SUMMIT CITY LICENSES, LLC for $100. The transaction, under an option exercised by lenders represented by FORTRESS VALUE RECOVERY FUND I LLC, allows the stations to be marketed for sale to a third party under a brokerage agreement with MEDIA VENTURE PARTNERS, LLC. The stations are being operated by STARDUST MEDIA under an LMA dated DECEMBER 31st.
ALABAMA CHRISTIAN RADIO, INC. is selling the construction permit for WKRE/ARGO, AL to TBTA MINISTRIES for $1.
BROADCAST TOWERS, INC. is donating FM translators W288BV/KEY WEST, W297AS/ISLAMORADA, FL, and W287BJ/MARATHON, FL to WESTMINSTER ACADEMY under an oral agreement.
ANd FAMILY FIRST FOUNDATION, INC. is assigning W254AQ/JAMESTOWN, NY to FAMILY CHURCH OF THE SOUTHERN TIER and is also assigning W223BK/GIRARD, PA to GIRARD ALLIANCE CHURCH.