Mortenson Sells Dallas Station To Salem Subsidiary
October 21, 2011 at 7:32 AM (PT)
MORTENSON BROADCASTING's MBC OF TEXAS-KTNO, INC. is selling Spanish Religion KTNO-A/UNIVERSITY PARK-DALLAS, TX and FM translator K273BJ/DALLAS to SALEM's INSPIRATION MEDIA OF TEXAS, LLC for $2.2 million plus a time brokerage agreement before closing.
In other filings with the FCC, BASIN MEDIACTIVE, LLC is selling Top 40 KYSF (HOT 102.9)/BONANZA, OR to EDUCATIONAL MEDIA FOUNDATION for $125,000. BASIN, headed by TOM and ROBERT INGSTAD, bought KYSF earlier this year as part of its $600,000 purchase of the former NEW NORTHWEST BROADCASTERS cluster in KLAMATH FALLS from receiver ALAN DAVIS' REVITALIZATION PARTNERS, LLC.
MASZKA-PACER RADIO, INC. is selling Classic Country daytimer WMBE-A/CHILTON, WI to METRO NORTH COMMUNICATIONS, INC. for $60,000.
LANDERS BROADCASTING COMPANY, INC. is selling Variety KEWI-A/BENTON, AR to GRANT MERRILL's SALINE RIVER MEDIA LLC for $180,000.
HALEYVILLE BROADCASTING COMPANY INC. is selling Southern Gospel WJBB-A and Country WJBB-F (B-93)/HALEYVILLE, AL to AMS RADIO LLC for $90,000.
MORRIS COMMUNICATIONS' MCC RADIO, LLC has closed on the sale of Sports KXPS-A (TEAM 1010)/THOUSAND PALMS-PALM SPRINGS, CA to RON COHEN's CRC MEDIA WEST, LLC for $250,000.
And GREATER MEDIA's THE SENTINEL PUBLISHING CO. has closed on the sale of South Asian WWTR-A (EBC RADIO)/BRIDGEWATER, NJ to ARVIND AGRAWAL's EBC MUSIC, INC. for $2.75 million. The buyer has been brokering all time on the station since 2005.