Mapleton Sells 37 Stations To Stephens Media Group

Deal

MAPLETON COMMUNICATIONS LLC is selling 37 stations (plus additional translators) in the MEDFORD, OR, MERCED, MONTEREY and REDDING, CA, SPOKANE, WA, and ALEXANDRIA and MONROE, LA markets to STEPHENS MEDIA GROUP. KALIL & CO. served as broker for the deal. STEPHENS is taking over operations under an immediate LMA. The price, undisclosed at the time of the announcement, was later disclosed in the contracts filed with the FCC as $21 million and includes an LMA before closing as well as MAPLETON's time brokerage agreement to operate FLINN BROADCASTING AC KEDG/ (SUNNY 106.9)ALEXANDRIA, LA.

“These seven markets fit nicely within our company,” said STEPHENS MEDIA GROUP's DAVID STEPHENS. “This acquisition doubles our size, and I couldn’t be more pleased.”

The stations going to STEPHENS in MEDFORD include News-Talk KCMX-A-K258DB/PHOENIX-MEDFORD, OR; Sports KTMT-A-K241CA (THE GAME 96.1 AND 580)/ASHLAND-MEDFORD, OR; Country KAKT-K284AE-K284AF (105.1 THE WOLF)/PHOENIX-MEDFORD, OR; Classic Country KAKT-HD2-K236CI (95.1 THE WOLF)/MEDFORD, OR; AC KCMX-F-K296DA (LITE 102)/ASHLAND-MEDFORD, OR; Top 40 KTMT-K221CP-K227AA-K265AF (93.7 NOW FM)/MEDFORD, OR; and Classic Rock KBOY-F-K241AG/MEDFORD, OR.

In the MERCED market, STEPHENS is acquiring News-Talk KYOS-A, Active Rock KBRE-A-K289CB (105.7 THE BEAR), and AC KABX (K97.5)/MERCED, Top 40/Rhythmic KHTN (HOT 104.7)/PLANADA-MERCED, Regional Mexican KLOQ-F (RADIO LOBO 98.7)/WINTON-MERCED, and Country KUBB/MARIPOSA-MERCED,
 
Stations being sold in the MONTEREY market include Top 40 KCDU (101.7 THE BEACH)/CARMEL-MONTEREY, Classic Rock KHIP-K291AE-KHIP-FM1 (104.3 THE HIPPO)/GONZALES-MONTEREY, Adult Hits KKHK (95.5 BOB FM)/CARMEL-MONTEREY, Eclectic KPIG-F/FREEDOM-MONTEREY-KPYG/CAYUCOS-SAN LUIS OBISPO, and AC KWAV/MONTEREY.

In REDDING, the stations involved are Sports KNRO-A-K280GP (FOX SPORTS RADIO 1400 AND 103.9), News-Talk KQMS-A-K285FE-K289BT, and AC KSHA (K-SHASTA)/REDDING, Top 40 Rhythmic KWLZ (WILD 99.3)/SHASTA LAKE-REDDING, Classic Hits KRDG/SHINGLETOWN-REDDING, Active Rock KRRX (106X)/BURNEY-REDDING, and Country KALF (95.7 THE WOLF)/RED BLUFF-CHICO.

SPOKANE stations on the move include Sports KGA-A-K278CY (103.5 THE GAME), Classic Rock KJRB-A-K231CU (94.1 THE BEAR), Top 40 KZBD-K265AV (105.7 NOW FM), Country KDRK-F (93.7 THE MOUNTAIN), and Adult Hits KBBD (103.9 BOB FM)/SPOKANE and Classic Hits KEYF-F (KEY 101)/CHENEY-SPOKANE.

In ALEXANDRIA, STEPHENS is getting Classic Country KBKK (105.5 K-BUCK)/BALL-ALEXANDRIA, LA, Christian AC KEZP (104.3 THE BRIDGE)/BUNKIE-ALEXANDRIA, LA, and Country KLAA-F (LA 103.5)/TIOGA-ALEXANDRIA.

And in MONROE, the stations include Country KMYY (92.3 THE WOLF)/RAYVILLE-MONROE, LA, Top 40 KNNW (103.1 NOW FM)/COLUMBIA-MONROE, LA, Rock KXRR (ROCK 106)/MONROE, and AC KZRZ (SUNNY 98.3)/WEST MONROE, LA.

MAPLETON previously filed to sell Rock KFMF (THE HIPPO) and K300AD/CHICO, CA; Top 40 KQPT (107.5 NOW FM)/COLUSA, CA; and Classic Hits KZAP/PARADISE, CA to BUSTOS MEDIA BUSTOS MEDIA HOLDINGS, LLC for $400,000. MAPLETON also owns Mandarin Chinese KSFN-A/PIEDMONT-SAN FRANCISCO (operated by PACIFIC MEDIA INTERNATIONAL under an LMA).

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