Price For KMCQ/Seattle: $7 Million
February 27, 2015 at 5:00 PM (PT)
The price for the sale by QUEEN CITIES BROADCASTING of Classic Hits KMCQ/COVINGTON, WA-SEATTLE-TACOMA to EDUCATIONAL MEDIA FOUNDATION, a deal announced YESTERDAY (NET NEWS 2/26) with the price undisclosed at the time, is $7 million, according to the contract filed with the FCC.
EDUCATIONAL MEDIA FOUNDATION is also buying Classic Country WNBR-F (THE BEAR)/BETHEL, NC from COASTAL CAROLINA RADIO, LLC for $700,000.
In other filings with the FCC, MANA`O RADIO is assigning KMNO/WAILUKU, HI to MAUI MEDIA INITIATIVE, INC. d/b/a MANA'O HANA HOU RADIO for no consideration.
POSITIVE ALTERNATIVE RADIO, INC. is selling W236AD/LAWRENCEVILLE, VA to BRUNSWICK COUNTY BROADCASTING, INC. for $10,000.
COMMUNITY BROADCASTING, INC. is selling K261EE/WELLINGTON, KS to JOHNSON ENTERPRISES, INC. for $20,000. The translator will rebroadcast News-Talk KLEY-A/WELLINGTON.
A receiver has been appointed for REGISTER COMMUNICATIONS, INC, parent company of RADIO PEACH, INC., licensee of News-Talk WPGA-A, Country WPGF-F, Gospel WNEX-A (THE LIGHT), independent/ME-TV/BOUNCE TV affiliate WPGA-TV, and THIS TV-affiliated WPGA-LP/PERRY-MACON, GA. GUARAV MALHOTRA was appointed pursuant to a court order in an involuntary bankruptcy proceeding.
COLIN H. NAITO has requested an extension of his Silent STA for KWYI/KAWAIHAE, HI "due to the impending sale of the station."
And EAST TEXAS COMMUNITY REPEATER GROUP has closed on the sale of K300CX/HENDERSON, TX to CHALK HILL COMMUNICATIONS, LLC for $1,000. The station will rebroadcast Classic Hits KDOK-A/KILGORE, TX.
Low power FM construction permits were granted to:
- SOMAR COMMUNICATIONS INC., LAWRENCEVILLE, GA
- PRIDE PRODUCTIONS, INC., WORCESTER, MA
- BLUE RIDGE FREE MEDIA, CHARLOTTESVILLE, VA
- UCENTRAL STUDENT RADIO - UNIVERSITY OF CENTRAL OKLAHOMA, EDMOND, OK
- SPRING MEADOWS BROADCASTING, INC., SANFORD, FL