Standard Media Group strikes a $64.2 million deal to buy 15 radio stations and 11 television stations from Bill Christian and Mike Reed’s Sound Communications. Also this week, a big-ticket translator sale in Houston. Plus, Randy Michaels is a seller in Michigan. Cumulus downsizes in a Georgia market. And a Terre Haute market morning man becomes the station’s new owner. Check out the details in this week’s Deal Digest.
An Illinois ops manager is set to become the owner in the week’s biggest sale. Also, Immaculate Heart Media closes a deal to buy nine full-power stations and four FM translators from Salem Media Group. Plus, a Rocky Mountain bankruptcy leads to a sale. And Saul Levine donates his Monterey stations. Check out all the details in this week’s Deal Digest.
Christopher Miller’s Meridian Media strikes the biggest-ticket deal of the week, buying four stations from father Monte Miller’s Rocking M Media. Also this week, there’s a pair of deals in the Traverse City, MI market. Community Broadcasters downsizes in Northern New York. And G.I. Family Radio spins a Nebraska FM to a religious operator. Check out the details in this week’s Deal Digest.
Horne Radio buys Bunyard Broadcasting’s Fayetteville, AR cluster. American General Media expands its Bakersfield cluster by one FM. In Orlando Salem is once again subtracting as it sells a second AM in market No. 30. Plus, the Cromwell Group expands into Michigan. And as one Dallas AM sale closes, another transfer is filed. Check out the details in this week’s Deal Digest.
Connoisseur Media is handing off control of one of its Long Island AMs to Cantico Nuevo Ministry which is building a growing footprint in market No. 20. The week’s other big deal is also in Long Island as New York Public Television expands into radio ownership there. Elsewhere, noncommercial FMs in Los Angeles and San Francisco are changing hands. And Access.1 Communications comes to an end as it closes its final sale. Check out the details in this week’s Deal Digest.