Cumulus Buys Another Atlanta-Area Translator
July 26, 2010 at 4:28 AM (PT)
EDGEWATER BROADCASTING, INC. is selling FM translator W205CI/TALLAPOOSA, GA to CUMULUS LICENSING LLC for $150,000. CUMULUS tells the FCC that it will use the translator, which will move to 99.5 FM, as a fill-in translator for its Top 40 WWWQ (Q100)/ATLANTA.
EDGEWATER BROADCASTING, INC. is also selling FM translator W287BI/SOCIAL CIRCLE, GA to CORE COMMUNICATORS, LLC for $80,000.
LATINO MEDIA CORPORATION is selling Spanish Variety WWCL-A/LEHIGH ACRES, FL to RADIO VISION CRISTIANA MANAGEMENT for $270,000. The buyer will operate the station as a noncommercial Spanish Religion station; it owns Spanish Religion WWRV-A/NEW YORK and WRVP-A/MT. KISCO, NY.
ROBERT PFUNTNER is transferring 12.5% of WAYNCO RADIO, INC., licensee of Talk WACK-A/NEWARK, NY and Country WUUF (BIG DOG 103.5)/SODUS, NY, to his present 50-50 partner JOHN TICKNER for $11,000. TICKNER will end up with 62.5% of the company, and PFUNTNER will own 37.5% of the licensee.
J. & J. FRITZ MEDIA, LTD. has filed for debtor-in-possession status for its ownership of Country KNAF-A-F/FREDERICKSBURG, TX; Americana KFAN-F (TEXAS REBEL RADIO)/JOHNSON CITY, TX; and Americana KEEP (TEXAS REBEL RADIO)/BANDERA, TX. The licensee recently filed for Chapter 11 bankruptcy protection.
DANIEL PELTZ is selling FM translator W229AR/WAVERLY, NY to PEMBROOK PINES ELMIRA, LTD. for $7,000 under a 2009 option.
In a tower deal, the SANTA BARBARA TOWER COMPLEX has been sold to SBA COMMUNICATIONS for close to $2.4 million. MEDIA SERVICES GROUP's ROBERT HEYMANN served as broker for the deal.
And in a deal yet to be filed at the FCC, BIG TOE COMMUNICATIONS LLC is buying PEORIA stations Classic Hits WHPI (HIPPIE RADIO 101.1)/GLASFORD, IL, Sports WZPN (965 ESPN RADIO)/FARMINGTON, IL, Top 40 WPIA (98.5 KISS FM)/EUREKA, IL, and Alternative WWCT (99.9 THE BUZZ)/BENTONVILLE, IL from INDEPENDENCE MEDIA HOLDINGS LLC.