Sold: Iowa FM, Illinois Translator, South Carolina AM

Who's Buying What

CAMRORY BROADCASTING, INC., with FARMERS AND MERCHANTS BANK, is selling Classic Hits KZAT-F/BELLE PLAINE, IA to GRUPO ROBLE, LLC for $200,000 plus an LMA before closing.

In another deal filed with the FCC, EDGEWATER BROADCASTING, INC. is selling FM translator W259AZ/PETERSBURG, IL to SAGA COMMUNICATIONS OF ILLINOIS, LLC for $32,000.

JOHN C. TRENT, ESQ., acting receiver for PEREGON COMMUNICATIONS, has filed with the FCC to sell Spanish Hits WQVA-A (RADIO RITMO)/LEXINGTON, SC to BROOMFIELD BROADCASTING OF LEXINGTON, INC. for $50,000.  TRENT was appointed acting receiver for PEREGOM on JUNE 17th.

And SPOKANE TRANSLATOR ASSOCIATION is trading K222BG/DARTFORD, WA to THIN AIR COMMUNITY RADIO in exchange for low-power FM KYRS-LP/SPOKANE.  The swap will allow THIN AIR to own new noncommercial KYRS/MEDICAL LAKE, WA by divesting the LPFM.

Also, HOLY FAMILY COMMUNICATIONS, INC. has closed on its purchase of Business Talk WBIX-A/BOSTON from WBIX, INC. for $1 million plus a $500,000 donation letter.  The buyer, which is taking the station dark, plans to rechristen the station WQOM with a Catholic format.

« see more Net News