Time Brokerage Deal Becomes Purchase At WGNC
May 18, 2011 at 4:22 AM (PT)
HRN BROADCASTING, INC. is selling Talk WGNC-A/GASTONIA, NC to SCOTT NEISLER's SN RADIO, LLC for $350,000. The buyer has been programming the station under a time brokerage agreement since 2009.
VINEYARD CHRISTIAN FELLOWSHIP OF HONOLULU INC. is selling construction permits for new FMs at SPUR, TX and MYSTIC, IA to GRACE COMMUNITY CHURCH OF AMARILLO for $100.
THE I-C-N COMPANY is selling the construction permit for a new FM at SPRING VALLEY, WI to NETWORK OF GLORY, INC. for $3,000.
NORTHERN LIGHT NETWORK is selling three FM translators in ALASKA -- K235AC/SITKA, K235AD/WRANGELL, and K235AJ/HAINES -- to SEA-CHRIST BROADCASTING CORPORATION for $1.
The deal announced YESTERDAY in which JIM PHILLIPS is buying Classic Country KBEC-A/WAXAHACHIE, TX from JEANNE MOSLEY, SANDRA HOWELL and KEN ROBERTS was filed at the FCC, showing that MOSLEY, HOWELL and ROBERTS are selling their stock in licensee FAYE AND RICHARD TUCK, INC. to JAMES R. PHILLIPS and ANN E. PHILLIPS for $714,000, with real estate being transferred for $536,000.
And CUMULUS filed for extensions of Silent STAs for KSTB/CRYSTAL BEACH, TX (destroyed by HURRICANE IKE, still searching for a suitable replacement site) and WQKC-A/JEFFERSONVILLE, IN (financial reasons).