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Minnesota Combo Sold
October 3, 2014 at 4:18 AM (PT)
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PINE TO PRAIRIE BROADCASTING, INC. is selling Talk-Oldies KKCQ-A (TALK'N OLDIES 1480)/FOSSTON, MN and Country KKCQ-F (Q COUNTRY 96.7)/BAGLEY, MN to R&J BROADCASTING, INC. for an amount redacted from the contract filed with the FCC. The buyer has operated the stations under a time brokerage agreement since 2012.
In other filings with the FCC, FRIENDS OF ST. SIMONS RADIO is selling W248AH/BRUNSWICK, GA to ST. SIMONS RADIO, INC. for the "token sum" of $10.
LANE COUNTY SCHOOL DISTRICT 4J has requested a Silent STA for KSYD-F/REEDSPORT, OR.
WASHINGTON COUNTY CBC, INC. has closed on the sale of AC WOKH/SPRINGFIELD, KY and CBC OF MARION COUNTY, INC. has closed on the sale of Country WLSK (COUNTRY MIKE 100.9) and Oldies WLBN-A/LEBANON, KY to CHOICE RADIO CENTRAL CORP. for $900,000.
DAVIDSON MEDIA STATION WTMT LICENSEE, LLC has closed on the sale of Regional Mexican WTUV-A/LOUISVILLE to W & B BROADCASTING CO., INC. for $325,000.
EASY RADIO, INC. has closed on the sale of Classic Country WRAA-A (CLASSIC COUNTRY 1330) and Adult Standards WMXH-F (STARDUST 105.7)/LURAY, VA to HAYDEN HAMILTON MEDIA STRATEGIES, INC. for $325,000.
COMMUNICOM, through Chief Transition Officer ROBERT J. MACCINI, has closed on the sale of Religion KXXT-A/PHOENIX to SALEM's COMMON GROUND BROADCASTING, INC. for $575,000 and Religion KXEG-A/TOLLESON-PHOENIX to BUFORD H. ORTALE's SEWANEE PHOENIX LICENSE, LLC for $500,000.
And the UNIVERSITY OF WASHINGTON Board of Regents has closed on the assignment noncommercial Triple A KEXP-F/SEATTLE to FRIENDS OF KEXP, headed by TOM MARA, in exchange for $4,001,000 worth of aggregate non-cash consideration over ten years, consisting of tags on the legal ID (such as "KEXP SEATTLE, an affiliate of the UNIVERSITY OF WASHINGTON," plus $63,000 worth of underwriting announcements per year (20 weeks per year, 35 announcements per week), online display advertising (250,000 impressions pre quarter, $0.025 per impression less a 10% discount, $22,500 per year for a million impressions pew year), homepage recognition with a link ($55,800 per year), audio stream ID (like legal ID, worth $47,250 per year), and online audio pre-roll for ten years (138,888 per year, worth $15,000 per year).