A $1.2 million check gives iHeartMedia its eighth radio station in San Diego. In a quick-closing deal, Riverfront Broadcasting adds a fifth station in Rapid City, SD. New York Public Television closes a nearly $1 million deal to buy its first radio station on Long Island’s East End. Check out all the action in this week’s Deal Digest.
After a period of relative quietness in the translator market, two million-dollar deals were struck this week in Chicago and Philadelphia with other translator sales filed in Oklahoma City and Merced. Also this week, Tegna closes its sale of an AM-FM combo in San Diego. There’s more MAGA for Richmond. And the High Plains Radio Network continues to downsize with sales in Texas, Oklahoma and Arkansas. Check out the details in this week’s Deal Digest.
After more than a decade, iHeartMedia has lined-up a buyer for one of two Lexington, KY market stations in a trust as Clarity Communications expands its cluster there. Also this week, Asian-language broadcaster Pham Radio is adding a third station in the Bay Area. And EMF enters a new Ohio market. Check out all the action in this week’s Deal Digest.
A Wisconsin cluster has been in the Laird family since 1956 but a deal this week will bring a new era of ownership. Also this week, Cumulus finalized the sale of its New York AM. The “FUR” flies into new owner’s hands in Grand Rapids. EMF expands in Colorado. Plus, MacDonald Garber Broadcasting brings the next generation into the radio business. Check out all the details in this week’s Deal Digest.
The University of Memphis files to transfer the license for jazz “U-92” WUMR to a newly-created not-for-profit that will preserve and operate the station’s format. Also this week, Rocky Mountain Radio Group adds another FM in the Aspen-Vail region, and the High Plains Radio Network continues to downsize. Get the details in this week’s Deal Digest.