Multi-Station Deal Between Calvary Chapel, Calvary Radio Net

Who's Buying What

CALVARY CHAPEL OF COSTA MESA, INC. is selling 11 full-power stations and 20 FM translators to CALVARY RADIO NETWORK, INC. for $1 million in a promissory note.  The stations include KIHS/ADEL, IA; WHLP/HANNA, IN; WJWD/MARSHALL, WI; WJCO/MONTPELIER, IN; WPJC/PONTIAC, IL; WJCY/CICERO, IN; WQKO/HOWE, IN; WTMK/WANATAH, IN; WCJL/MORGANTOWN, IN; WOJC/CROTHERSVILLE, IN; WJCZ/MILFORD, IL; K233BT/DES MOINES, IA; W223AU/SOUTH BEND, IN; W266AO/BUFFALO, IN; W293AL/ROCHESTER, IN; W264BF/ENGLEWOOD, IL; W276BM/PARK FOREST, IL; W221BY/ELGIN, IL; W292DJ/LAKE BLUFF, IL; W260BL/WAUKEGAN, IL; W270AU/MADISON, WI; W247AM/KALAMAZOO, MI; W274AQ/BATTLE CREEK, MI; W277AK/FORT WAYNE, IN; W300AL/MISHAWAKA, IN; W254BG/WARSAW, IN; W260BR/AUBURN, IN; W251AR/GOSHEN, IN; W255BH/BREMEN, IN;   W240BJ/CROWN POINT, IN; and W222AS/WEST LAFAYETTE, IN.

In other deals filed with the FCC, JB BROADCASTING, LLC is selling WWJN/RIDGELAND, SC to LOW COUNTRY RADIO, LLC for $640,000 plus a time brokerage agreement before closing; HAROLD SORRELLS is selling W254AY/AUBURN, AL to AUBURN NETWORK, INC. for $1 and AUBURN is selling W238BZ/UNION, GA to SORRELLS for $1; BIBLE BROADCASTING NETWORK, INC. is selling K26EJ/ENID, OK to MAGPIE COMMUNICATIONS OF OKLAHOMA, LLC for $42,000; WAY-FM MEDIA GROUP, INC. is selling W291BK/VALLEY BROOK, TN to EDGEWATER BROADCASTING INC. for $10,000; WRVM, INC. is selling W273AT/MEQUON, WI to RADIO MULTI MEDIA, INC. for a redacted price to rebroadcast Urban WNOV-A/MILWAUKEE; RADIO ASSIST MINISTRY, INC. is selling K221FH/IDAHO FALLS, ID to FRANDSEN MEDIA COMPANY, LLC for $30,000; and HORIZON CHRISTIAN FELLOWSHIP is selling K286AO/LAMESA, TX to DAVID STEWART for $5,000.

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