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Dick Broadcasting Buys 20 Stations From Alpha Media
Some STAs, Some Closings, No New Deals In FCC Database Tuesday
September 5, 2017 at 4:43 AM (PT)
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DICK BROADCASTING COMPANY is expanding its footprint from two stations in GREENSBORO/WINSTON-SALEM, NC to 20 stations across NC, SC, and GA, having signed a definitive acquisition agreement with ALPHA MEDIA. The new markets are GREENVILLE/NEW-BERN, NC; MYRTLE BEACH, SC; and SAVANNAH/HILTON HEAD.
GREENVILLE, NC stations impacted are: Country WRNS, WQSL, and WQZL; Top 40 WERO, Active Rock WXQR, Adult Standards WANG-A, and Sports WRNS-A. MYRTLE BEACH properties are Alternative WKQZ, Talk WRNN, Classic Rock WYAV, Top 40 WYMB, and
Classic Hip Hop WRNN-A. SAVANNAH-HILTON HEAD stations include Country WUBB, Classic Country WGCO, Classic Hits WRWN, Rhythmic AC WXYY, and Active Rock WFXH, and Triple- A WHHW-A.DICK BROADCASTING COO DICK HARLOW commented, "this acquisition is a natural next step as we move into the 3rd generation of ownership in the DICK family. I could not be happier to be able to work with LARRY WILSON and BOB PROFFITT at ALPHA on this acquisition. It's ironic, for DBC sold a majority of their broadcast properties to LARRY back when he was running CITADEL BROADCASTING, and now 17+ years later, we expand our footprint by acquiring stations from him."
ALPHA MEDIA Chairman LARRY WILSON said, "I've known ALLEN DICK for many, many years and am thrilled to assist him in growing his company with the sale of these 3 great markets. My vision of this industry aligns with ALLEN's, which makes me confident these stations and talented employees are in great hands."
The long weekend didn't generate any station sale transactions in the FCC database TUESDAY, leaving some STA filings and closings on the menu.
Among those was one storm-related application, as CENTRO CRISTIANO DE VIDA ETERNA has filed for an STA to operate K273AL/PORTER, TX at a new site outside the station's normal 60 dBu contour due to displacement from Hurricane Harvey.
SOUND INDEAS, LLC has applied for Silent STAs for WULA-A and WYDK/EUFAULA, AL due to financial issues after losing its time broker.
COVENANT PRESBYTERIAN CHURCH IN PANAMA CITY, INC. has requested an extension of its Silent STA for low power FM WPCU-LP/PANAMA CITY, FL while it awaits approval of a transfer of the license.
ASIAN PACIFIC AMERICAN NETWORK OF OREGON has filed for a Silent STA for low power FM KVBE-LP/PORTLAND due to interference from co-channel FAMILY STATIONS Religion KPFR/PINE GROVE, OR, which has a line-of-sight signal from MOUNT HOOD to PORTLAND.
UNIVISION RADIO STATIONS GROUP, INC. has closed on the sale of Top 40/Rhythmic KKSS (KISS 97.3)/SANTA FE, Classic Rock KIOT (COYOTE 102.5)/LOS LUNAS, Regional Mexican KJFA-F (LA JEFA)/ALBUQUERQUE, and Classic Hip-Hop KKRG-F (YO! 105.1)/SANTA FE to AGM NEVADA, which has closed on the donation of Classical KHFM/SANTA FE to KHFM COMMUNITY PARTNERS.
HECTOR VILLALOBOS' WOLFHOUSE RADIO GROUP, INC. has closed on the sale of Spanish Religion KEXA/KING CITY-SALINAS, CA to DANIEL ALCANTAR's INSPIRATION MEDIA NETWORK, LLC for $775,000. The buyer has been operating the station since NOVEMBER under an LMA.
LIGHT OF LIFE MINISTRIES, INC. has closed on the sale of W223BH/PORTLAND, ME to ATLANTIC COAST RADIO, LLC for $35,001. The translator will rebroadcast Sports WRED-A (BIG JAB)/WESTBROOK-PORTLAND, ME.
CSSI NON-PROFIT EDUCATIONAL BROADCASTING CORPORATION has closed on the sale of noncommercial KSQX/SPRINGTOWN, TX and KQXS/STEPHENVILLE, TX to BRAZOS TV, INC. for $450,000.
KENNETH W. KUENZIE has closed on the sale of W298AV/ENGLEWOOD, FL to FIORINI BROADCASTING, LLC for $125,000. The translator rebroadcasts the buyer's recently-acquired News-Talk WENG-A/ENGLEWOOD.
And PENFOLD COMMUNICATIONS, INC. has closed on the donation of Religion WJIK/FULTON, AL to FAMILY WORSHIP CENTER CHURCH, INC.