Swaggart Buys KYTM (Again)
January 12, 2011 at 4:05 AM (PT)
TAMMY L. PEARCE is selling KYTM/CORRIGAN, TX to evangelist JIMMY SWAGGART's FAMILY WORSHIP CENTER CHURCH, INC. for $10 plus an LMA before closing. A previous deal for SWAGGART to buy the station in 2008 for $265,000 never closed.
In another deal filed with the FCC, LETICIA MORENO's MORENO BROADCASTING is assigning the construction permit for KJJB/EAGLE LAKE, TX and the construction permit for a new FM at BAIRD, TX to JENNIFER CREMEENS in exchange for assumption of $120,000 debt owed by the seller to original permittee GERALD BENAVIDES.