Owners Swap Corning Stations, Alabama AM Goes For $100K
March 14, 2011 at 4:52 AM (PT)
SOUND COMMUNICATIONS, LLC is swapping Sports WCBA-A (FOX SPORTS RADIO 1350)/CORNING, NY plus $344,000 to PRG LLC (PHOENIX RADIO) for Hot AC WKPQ (POWER 105.3)/HORNELL, NY and FM translators W294AV/WELLSVILLE, NY and W294AW/DANSVILLE, NY. SOUND will also assume and pay PRG's debt on the WKPQ operation.
GADSDEN BROADCASTING COMPANY, INC. is selling Sports WJBY-A (THE WINNER)/RAINBOW CITY-GADSDEN, AL to GADSDEN RADIO MEDIA, LLC for $100,000.
SIERRA H BROADCASTING, INC. is selling FM translator K276BZ/SUNFLOWER, AZ to ROCKET RADIO CORP. for $30,000.
JAMES S. BUMPOUS d/b/a BIG BEND BROADCASTING is selling FM translators K240DV/LAS CRUCES, NM and K236BD/MESILLA, NM to RF SERVICES INC. for $10.
MCC RADIO, LLC (MORRIS COMMUNICATIONS) is selling FM translator K282AW/EAGLE RIVER, AK to ALASKA EDUCATIONAL RADIO SYSTEM, INC. as part of a settlement between the parties and SEWARD MEDIA PARTNERS and ORGANIZATION FOR NORTHERN DEVELOPMENT (OUT NORTH).
EDUCATIONAL COMMUNICATIONS OF COLORADO SPRINGS, INC. is swapping FM translator K223BV/ATWOOD, CO to NORTHEAST COLORADO BROADCASTING, LLC in exchange for the buyer's agreement to a 10 year tower lease at $150/month with a 10 year renewal option.
WILLIAM W. DESCHAMPS, JR. has been appointed receiver for CAROLINA BEACH MUSIC BROADCASTING CORP., licensee of silent WVCO/LORIS, SC. The licensee is owned by the estate of the late HARVEY A. GRAHAM, JR. and managed by personal representative SELENE GRAHAM; the company's lenders claim that it is in default on loans totaling more than $1.3 million.
TOM HUTH is assigning the licenses of Adult Standards KBLF-A/RED BLUFF, CA and the recently-acquired construction permit for KFOY-A/SPARKS, NV to HUTH-PENNEY BROADCASTING, LLC, owned 51% by HUTH and 49% by FREDERICK PENNEY's PENNCO INVESTMENT GROUP, INC.
Filing for a Silent STA was BULLIE BROADCASTING CORPORATION (WBAW-F/PEMBROKE, GA).