Colorado FM, Tennessee Translator Sold
October 6, 2011 at 4:03 PM (PT)
LORENZ E. PROIETTI is selling KRKQ/MOUNTAIN VILLAGE, CO to ETHAN, ERIC, and SANDRA FUNK's BROWN MOUNTAIN BROADCASTING LLC for $80,000 ($30,000 at closing, $25,000 plus interest after one year, and $25,000 plus interest after two years) plus a time brokerage agreement before closing.
In other filings with the FCC, FOOTHILLS BROADCASTING, INC. is selling FM translator W293BC/ELK VALLEY, TN to RADIO ACQUISITION CORP. for $27,000. The translator will rebroadcast GATEWAY BROADCASTING, INC. Religion WMIK-A/MIDDLESBORO, KY.
And PACIFIC EMPIRE RADIO CORP. has applied to the FCC for a Silent STA for KRXK-A/REXBURG, ID, taken off the air for repairs.
Also, RHATTIGAN BROADCASTING has closed on the sale of Tejano KEPS-A and Hot AC KINL (POWER 92.7)/EAGLE PASS, TX and Tejano KUVA (U102.3), Country KVOU-F (COYOTE COUNTRY 104.9), and Adult Standards KVOU-A/UVALDE, TX to REGENCY ENTERTAINMENT AND PROMOTIONS, LLC (MB REVOLUTION LLC) for $2.1 million. JASON JAMES of PATRICK COMMUNICATIONS served as broker for the seller.
And GARY MOSS' M&M BROADCASTERS, LTD. has closed on the sale of Classic Country daytimer KVTT-A/MINERAL WELLS-DALLAS, TX to JOHN HAMID's TEXOMA BROADCASTING, INC. for $2.625 million. SANDI BERGMAN of MYMEDIABROKER.COM represented MOSS in the deal.