Pamal Sells Gainesville-Ocala Cluster To MARC Radio
April 18, 2011 at 2:51 PM (PT)
In a deal not yet filed with the FCC, MARC RADIO, headed by broadcasting veterans BOB LONGWELL, MIKE SCHWEITZER, and TOM HAUFF, is buying PAMAL BROADCASTING's GAINESVILLE-OCALA cluster for an undisclosed price. The deal includes Active Rock WHHZ (100.5 THE BUZZ)/NEWBERRY, Top 40/Rhythmic WTMG (MAGIC 101.3)/WILLISTON, Classic Country WDVH-A and Gospel WTMN-A/GAINESVILLE, Hot AC WKZY/CROSS CITY, Adult Standards WRZN-A (SUNNY 720)/HERNANDO, and Classic Country WDVH=F/TRENTON, FL. SHAWN PORTMANN will serve as President of the cluster for MARC. GLENN SERAFIN of SERAFIN BROS. served as broker for the seller.
"GAINESVILLE-OCALA is a terrific, vibrant market," said PAMAL Asst. Secretary-Treasurer MICHAEL DUFORT. "We enjoyed being there each of the past 10 years. We are excited to see such experienced and talented broadcasters return to radio ownership and really see it as yet another positive sign of the long-term viability and value of our great industry. We are confident the stations will thrive in the good hands of a FLORIDA-based owner like MARC RADIO, and we wish them every success."
Oregon AM Sold
In a deal filed with the FCC, KORC RADIO, INC. is selling silent KORC-A/WALDPORT, OR to YAQUINA BAY COMMUNICATIONS, INC. for $37,500.
In other filings with the FCC, applying for Silent STAs were WOLF CREEK BROADCASTING, INC. (WACF/YOUNG HARRIS, GA) and YOUNG HARRIS BROADCASTING, INC. (WYHG-A/YOUNG HARRIS, GA).
And applying for extension of Silent STAs were COCHISE MEDIA LICENSES LLC and COCHISE BROADCASTING LLC (KXWY/HUDSON, WY; KWWY and KTWY/SHOSHONI, WY; KGRK/GLENROCK, WY; KCYA/ROLLING HILLS, WY; KRMK/LAS VEGAS, NM) and HORIZON CHRISTIAN FELLOWSHIP (W278AT and W270AO/WINONA, MS; W290AZ/MARSHFIELD, WI; W203BN and W294AT/MACON, MS; W247BA/INDIANOLA, MS; K293BG/CAMBRIA, CA; K237EL/HURON, SD).
Little Rock AM Sale Closes
SIMMONS-AUSTIN, LS, LLC has closed on the sale of Spanish KDXE-A/NORTH LITTLE ROCK to NIDIA E. COCHRAN's N C COMMUNICATIONS, LLC for $120,000. GREG GUY of PATRICK COMMUNICATIONS served as broker for the seller in the deal.