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JVC Media Buys Fort Walton Beach, FL Cluster From Community Broadcasters
December 22, 2020 at 11:52 AM (PT)
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COMMUNITY BROADCASTERS, LLC is selling four stations in the FORT WALTON BEACH, FL market: Top 40 WECQ(Q92)/DESTIN, FL; Classic Rock WZLB (103.1 THE SHARK)/VALPARAISO, FL; Adult Hits WWAV (102.1 THE WAVE)/SANTA ROSA BEACH, FL; and Country WHWY (HIGHWAY 98)/HOLT, FL to JVC MEDIA OF FLORIDA, LLC for $2,268,839 ($113,442 deposit, $658,156 cash at closing, $1,497,250 in a promissory note).
In other filings with the FCC, ONE MINISTRIES, INC. is selling K201HW and K269GF/EL PASO, TX to EDUCATIONAL MEDIA FOUNDATION for $95,000.
Applying for STAs were NEW HAMPSHIRE PUBLIC RADIO, INC. (WEVH/HANOVER, NH, change in digital power) and CAPITAL MEDIA CORPORATION (WBAR-F/LAKE LUZERNE, NY, reduced power due to equipment issues).
EDGEWATER BROADCASTING, INC. has closed on the donation of WKIH/VIDALIA, GA to RADIO BY GRACE, INC.
And JIMMY E. WOODARD and GERALDINE WOODARD have closed on the gifting of 60% of the voting stock and equity in WOODARD BROADCASTING CO., INC., licensee of Oldies WVOK-A (TRUE OLDIES 1580) and Hot AC WVOK-F/OXFORD-ANNISTON, AL, to their son RAYMOND C. WOODARD and 40% of the stock and equity to their daughter-in-law MELODY T. WOODARD.