-
iHeartMedia Buys KXYZ/Houston
December 7, 2020 at 5:18 AM (PT)
What do you think? Add your comment below. -
MULTICULTURAL RADIO BROADCASTING LICENSEE, LLC is selling Brokered Ethnic KXYZ-A/HOUSTON to iHEARTMEDIAs iHM LICENSES, LLC for $1.4 million plus an LMA before closing, allowing iHEART to put its BIN: BLACK INFORMATION NETWORK programming on the station in the meantime.
In other filings with the FCC, FLORIDA BROADCASTING MEDIA, LLC is selling Spanish Variety WQXM-A-W260DA (RITMO 99.9)/BARTOW, FL to DRC BROADCASTING, INC. for $550,000 (including $50,000 for a time brokerage agreement before closing and assumption of a $103.850 loan with CITIZEN'S BANK OF FLORIDA).
TBLC GREENSBORO STATIONS, LLC is selling Silent WWBG-A/GREENSBORO, NC to RICHARD MILLER's TWIN CITY BROADCASTING COMPANY, LLC for $85,000.
ROBERT YOUNG is selling '80s KBZI/MOORELAND, OK to ONE MEDIA, INC. for $10,000.
PUTBRESE COMMUNICATIONS, LTD filed for an STA to operate KWKY-A/DES MOINES, IA with reduced power during construction work.
Requesting Silent STAs were SOUTHERN BROADCASTING LLC (WDTM-A/SELMER, TN, silent pending installation of new equipment); CALVARY CHAPEL CLARINDA, INC. (KFOM/STANTON, IA, lost site); and CALL COMMUNICATIONS GROUP, INC. (WAZQ/DUCK KEY, FL, staffing problems due to pandemic and restricted access to new site).
Applying for an extension of its Silent STA was VALLEY COMMUNITY BAPTIST CHURCH (WSPV-LP/AVON, CT, financial problems).
JJS MEDIA LLC has closed on the sale of Spanish AC KCKO (AMOR 107.9)/RIO RICO-NOGALES, AZ to DE LA FUENTE MEDIA, LLC for $700,030.
And SALT OF THE EARTH BROADCASTING, INC. has closed on the sale of Gospel KEES-A/GLADEWATER, TX and K243CU/LONGVIEW, TX to LA PROMESA FOUNDATION for $125,000.
The FCC has also denied LEVINE/SCHWAB PARTNERSHIP d/b/a SCHWAB MULTIMEDIA LLC's petition for reconsideration of the denial of the company's request for further tolling of the construction permit for KWIF-A/CULVER CITY, CA (1500 AM) and has dismissed all pending modifiction applications. The permit was issued in 2016 with a NOVEMBER 2, 2019 expiration date, tolled until APRIL 13, 2020 after a failed petition for reconsideration of the permit's grant. A third tolling request based on the pandemic was denied and the deadline set at OCTOBER 30th; LEVINE/SCHWAB appealed and also filed another modification request to specify a new site. The Commission said that with radio considered an "essential business" under CALIFORNIA's coronavirus restrictions, construction could have been commenced and accomplished in time.