Adelante Media Sale Of 4 Portland AMs Back To Bustos Filed With FCC
June 10, 2011 at 5:09 PM (PT)
ADELANTE MEDIA OF OREGON LICENSE, LLC has filed the paperwork for the sale of four PORTLAND-market stations -- Regional Mexican KGDD-A (LA GRAN D)/OREGON CITY, OR; Spanish Talk KOOR-A (W RADIO 1010)/MILWAUKIE, OR; Spanish Religion KRYN-A/GRESHAM, OR; and Spanish Hits KXET-A (EXITOS 93.5, rebroadcast on K228EY)/PORTLAND back to BUSTOS MEDIA HOLDINGS, LLC for $1.26 million. BUSTOS has been programming the stations under a time brokerage agreement since AUGUST, and has held an option to purchase the stations since that time as well; the deal was initially announced along with the creation of ADELANTE MEDIA GROUP to merge with, and take over, the former BUSTOS MEDIA group.
In other filings with the FCC, GARY L. MOSS is selling Adult Hits KBEY (PIRATE FM)/BURNET, TX to TWO WAY COMMUNICATIONS, LLC for $325,000 plus a time brokerage agreement before closing.
RADIO ASSIST MINISTRY, INC. is selling FM translator W234BP/CARO, MI to PLONTA BROADCASTING INC. for $25,000.
EDGEWATER BROADCASTING, INC. is selling FM translator K204FH/BROOKINGS, SD to evangelist VIC ELIASON's VCY AMERICA, INC. for $25,000.
AUGUSTA RADIO FELLOWSHIP INSTITUTE, INC. is selling FM translator W23AK/WASHINGTON, GA to MOPATCHES, LLC for $15,000.
ST. GABRIEL RADIO, INC. is selling the construction permit for WTJM/SOUTH WEBSTER, OH to CATHOLIC RADIO NETWORK, INC. for $1,000.
And VICTORY BROADCASTING COMPANY, LLC has requested an extension of its Silent STA for WCNF-A/DOTHAN, AL while a sale of the station pends.