EMF Buys West Palm Translator

Sold

CORNERSTONE COMMUNITY RADIO, INC. is selling the construction permit for W268CF/WEST PALM BEACH, FL to EDUCATIONAL MEDIA FOUNDATION for $25,000.

In another filing with the FCC, KEITH SHIPMAN's HORIZON BROADCASTING GROUP, LLC has closed on the assignment of News-Talk KWLZ-F (simulcast of KBNW-A/BEND)/WEST LINN, OR to 3 HORIZONS, LLC, a partnership between HORIZON and 3 CITIES, INC. (licensee of AC KXXO (MIXX 96.1)/OLYMPIA, WA)  at a value of $800,000 credit towards HORIZON's capital account with 3 HORIZONS.  The deal also includes a Joint Sales Agreement between the parties.  KWLZ is moving into the PORTLAND market from WARM SPRINGS (southeast of PORTLAND) and its move is being enabled by KXXO's move to a new site northwest of its previous location.

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