Clear Channel Files Paperwork For Donation Of 4 AMs To MMTC
July 12, 2010 at 4:27 AM (PT)
CLEAR CHANNEL has filed the paperwork for the previously-announced donation of silent KYHN-A/FORT SMITH, AR, Sports WYNF-A (ESPN RADIO 1380)/NORTH AUGUSTA, SC, silent KMFX-A/ROCHESTER, MN, and silent WHJA-A/LAUREL, MS to THE MINORITY MEDIA AND TELECOMMUNICATIONS COUNCIL (as MMTC BROADCASTING LLC).
In other FCC filings, ALEX LANGER's WBIX CORP. is selling Business Talk WBIX-A/NATICK-BOSTON, MA to HOLY FAMILY COMMUNICATIONS for $1 million.
ARMADA MEDIA has applied to reorganize its ownership structure as part of a recapitalization of the company. KING CAPITAL LP, the only new shareholder, is acquiring a 34.56% voting interest and 40.07% equity interest in the company, and all other shareholders remain the same except for BCA's JOHN LYNCH, who is relinquishing his 0.42% interest. SHOCKLEY BROADCASTING jumps from 7.3% to 46.8% voting interest, and other partners will see their interests significantly reduced under the plan.
FOREVER SOUTH LICENSES, LLC is donating WHUN-A/HUMBOLDT, TN to JOY CHRISTIAN COMMUNICATIONS, INC.
ACME BROADCASTING SOUTH, INC is selling silent WQMS-A/QUITMAN, MS to RON and COREEN FRISCH's MATADORS, LLC for $29,000.
GRENAX BROADCASTING II LLC is selling FM translator K280BU/FLAGSTAFF, AZ to PRESCOTT SOUND INVESTMENTS, LLC for assumption of financial responsibility for the station.
CHARLES SCOTT EARLS, SCOTTIE SUE EARLS as Trustee of her Revocable Trust, and CHARLES C. EARLS as Trustee of his Revocable Trust are selling their shares of MOUNTAIN LAKES BROADCASTING, INC., licensee of Country KTLO-A and KTLO-F/MOUNTAIN HOME, AR and Classic Hits KCTT/YELLVILLE, AR, to the WARD FAMILY TRUST, the BOBBY DEAN KNIGHT Revocable Trust, and The VIVIAN SUE KNIGHT Revocable Trust for $2,250,000.00.
FOUR RIVERS COMMUNITY BROADCASTING CORPORATION is selling W293AM/MARTINSBURG, WV to SHENANDOAH COMMUNICATIONS, INC. for $15,000.
ANN BROADCASTING CORPORATION is selling WTAY-A and WTYE/ROBINSON, IL to THE ORIGINAL COMPANY, INC. for $570,000.
The TRUSTEES OF DEERFIELD ACADEMY are selling noncommercial WGAJ/DEERFIELD, MA to the WFCR FOUNDATION, INC., operator of the UNIVERSITY OF MASSACHUSETTS' WFCR/AMHERST, MA, for $10,000.
BASALT OF THE EARTH, INC. has sold the construction permit for a new noncommercial FM in LEE. IL to AMERICAN EDUCATION FOUNDATION, INC. for $25,000.
HIGHLAND BAPTIST CHURCH is donating the construction permit for noncommercial WWFJ/EAST FAYETTEVILLE, NC to CHURCH PLANTERS OF AMERICA.
CULTURAL RENEWAL RADIO, UA is selling the construction permit for a new FM at MORRIS, IL to OLIVET NAZARENE UNIVERSITY for $100,000.
TRICIA K. INGALLS, receiver for ROSWELL RADIO, licensee of Classic Hits KSFX, Top 40 KBCQ-F (HOT 97), Country KMOU and Oldies KBCQ-A/ROSWELL, NM, and QUAY BROADCASTERS, INC., licensee of Country KQAY-F and Country KTNM-A/TUCUMCARI, NM, has sold the stations to INGALLS HOLDINGS, LLC, paying $340,763.77 to cover the judgement and fees.
Filing for Silent STAs last week were J.L. BREWER BROADCASTING, LLC (W227AK/CHATTANOOGA); NEW BEGINNING WORLD OUTREACH INC. (WNBV/GRUNDY, VA); and GEORGE S. FLINN, JR. (WMUT/GRENADA, MS).
Filing for extensions for Silent STAs were EAST CENTRAL BROADCASTING, LLC (KESY/STEELVILLE, MO); and PENFOLD COMMUNICATIONS, INC. (K248BC/DALLAS).