KJNY Sold For $300,000
October 25, 2010 at 5:23 AM (PT)
REDWOOD BROADCASTING COMPANY is selling Top 40-Country KJNY (JENNY 99.1)/FERNDALE, CA and FM translator K294AZ/EUREKA, CA to WILLIAM W. MCCUTCHEN, III's MAD RIVER RADIO, INC. for $300,000 plus an LMA before closing.
INDEPENDENCE MEDIA HOLDINGS, LLC is selling the construction permit for a new FM at BAIROIL, WY to DARYL O'NEAL MANAGEMENT for $1.
The official price being paid by CHARLES W. LOUGHERY's nonprofit FOUR RIVERS COMMUNITY BROADCASTING to GREAT SCOTT BROADCASTING for WPAZ-A/POTTSTOWN, PA is $50,000, according to the contract filed with the FCC. The station is being purchased by FOUR RIVERS and operated under an LMA by the WPAZ PRESERVATION ASSOCIATION, which plans to ultimately buy the station.
MEDIA EAST, LLC has applied to the FCC for a Silent STA for Gospel WLGT (96.3 THE PROMISE)/WASHINGTON, NC and Southern Gospel WSTK (GLORY 104.5)/AURORA, NC due to "operating expenses exceed(ing) income."
ST. JOSEPH'S EDUCATIONAL ASSOCIATION has asked for an extension of its Silent STA for low-power FM KMDM-LP/POLSON, MT while it mulls a change in format in response to a full-power station taking the old format.
KEEP PRAISING OUR LORD, INC. has requested a Silent STA for low power FM KPOL-LP/CANYONVILLE, OR for financial reasons.
And CALVARY RADIO NETWORK, INC. has asked for an extension of its Silent STA for W260BL/WAUKEGAN, IL while it continues to try to secure a new transmitter site.