SALES – STATIONS
New Hampshire – Bill Binnie’s WBIN Media Company files a $1.3 million deal to buy talk/sports “107.7 The Pulse” WTPL, Hillsboro, NH from Dirk Nadon’s Lakes Media. WBIN Media will operate the station under a local marketing agreement until closing. Lakes Media purchased WTPL as well as sister classic rock “The Hawk 104.9” WLKZ, Wolfeboro, NH and sports WZEI, Meredith, NH (101.5) from Great Eastern Radio for $2.6 million earlier this year. WBIN Media Company already owns classic rock “106.3 Frank FM” WFNQ and WBIN-TV in the Manchester, NH market overlapping with WTPL.
Wheeling, WV – Cody Barack’s Ohio Midland Newsgroup files a $700,000 deal to buy classic hits “106.3 The River” WCDK and “OV Sports Network” WEIR (1430) from Jay Philippone’s Priority Communications. The deal also includes two FM translators including the Colliers, WV-licensed W235BX at 94.9 FM and the Punxsutawney, PA-licensed W234AV at 94.7 FM both of which simulcast WEIR. The contract stipulates that $500,000 of the deal’s value is attributed to the full-power AM/FM combo while the remaining $200,000 is attributed to the two FM translators. Once the sale closes Priority Communications will still own “News Talk 1420” WCED, Du Boise, PA. Broker: Roger Rafson, CMS Station Brokerage
Alaska – John Davis files a $200,000 deal to buy KKNI-FM, Sterling, AK (105.3) from C.F. Dunham’s Kenai Broadcasting. The deal also includes two Sterling, AK-licensed translators including K232EH at 94.3 FM and K239AV at 95.7 FM. Davis already owns several stations on the Kenai Peninsula including country “Q-100 The Point” KWHQ-FM, hot AC “K-Kiss 96.5” KKIS-FM, rock “The Fuse 106.9” KFSE, “News-Talk 920” KSRM, and “ESPN 1140” KSLD.
Indiana – Just to the west of the Louisville, KY market Dawn Fowler and Tim Jackson’s Two Hawks Communications files an $115,000 deal to buy oldies WOCC, Corydon, IN (1550) from Richard Brabandt. Two Hawks Communications doesn’t own any other stations. WOCC also simulcasts on the Corydon, IN-licensed translator W274AD at 102.7 FM under a lease agreement with translator owner Keith Reising.
Wyoming – SVI Media agrees to swap the currently-silent KJNT, Jackson WY (1490) to Ted Austin. In exchange, SVI Media will receive the Hoback Junction, WY-licensed translator K294CN at 106.7 FM. The full power AM is valued at $65,000 while the FM translator is valued at $25,000. So Austin agreed to pay a total of $40,000 to SVI Media in the form of a $1,000 payment at closing and a $39,000 promissory note. Austin already owns the currently-silent KQJK, Wilson, WY (100.3) and the new translator will allow him to fill-in some of that Class C2 FM’s coverage area.
Salisbury-Ocean City, MD – Edwin Andrade’s The Voice Radio Network files a $50,000 deal to buy talk WICO (1320) from Rothschild Broadcasting. The Voice Radio Network already owns five stations in the Salisbury-Ocean market including classic rock “The Vault 103.5/106.1” WJKI/WXSH, urban “Power 101.7” WZEB, Spanish CHR “Maxima 95.3” WKDB, and regional Mexican “La Raza 900” WJWL. Once the deal closes Rothschild Broadcasting won’t own any other stations however it will continue to operate adult alternative WAMS (94.9) under a time brokerage agreement with Miriam Media.
Alabama – Brantley Broadcast Associates files a $16,000 deal to buy WAMI, Opp, AL (880) from Chris Johnson’s J&W Communications. In addition to the cash purchase price, Brantley agrees to pay as much as an additional $60,000 to cover tower rental fees. In addition, Johnson is granted rent-free access to the tower site for contemporary Christian “Praise 89.3” WPJN, Jemison, AL for ten years. WPJN is owned by Johnson’s not-for-profit entity, the CW Johnson Education Foundation. The filing says he will also receive five years of rent-free space on a separate tower which the contract says would be used for a separate unspecified FM translator. For WAMI buyer Brantley Broadcast Associates, the deal means a larger footprint in central Alabama where it already owns three other stations including oldies “97.7 The Peach” WHPH, WZNN (106.3) and gospel WKLF (980). WAMI has been off the air since June when its tower was struck by lightning requiring several components to be replaced.
SALES – TRANSLATORS
Lexington, KY – Jon Yinger’s Christian Broadcasting System files a $79,000 deal to buy the Lexington-Fayetteville, KY-licensed translator W227CW at 93.3 FM from Clark Parrish’s Edgewater Broadcasting. Christian Broadcasting System plans to use the translator to give 1,000-watt daytime-only gospel WCGW (770) a 24-hour FM signal.
North Carolina – B&M Broadcasting makes it official as it files a $45,000 deal to buy an FM translator it is already using to create the oldies “94.1 The Beach” brand based at its WLSG (1340) in Wilmington, NC. It buys the Wilmington-licensed W231CL at 94.1 FM from Edgewater Broadcasting. B&M Broadcasting has been using the translator since it bought WLSG in Feb. 2015.
Michigan – Ed and Jennifer Czelada’s Smile FM files a $22,000 deal to buy the Grand Haven, MI-licensed translator W273CI at 102.5 FM from Clark Parrish’s Edgewater Broadcasting. The signal will be use to expand Smile FM’s network of contemporary Christian outlets around Michigan which already includes 26 full-power FMs.
Houston – Aleluya Christian Broadcasting files to donate the Galveston, TX-licensed translator K218EJ at 91.5 FM and the Lake Jackson, TX-licensed translator K210DF at 89.9 FM to Centro Cristiana de Via Eterna. Both translators currently relay contemporary Christian KSBJ (89.3) but they are expected to switch to a simulcast of Spanish-language Christian “Radio Aleluya” KFTG (88.1) once the sale closes.
Detroit – Crawford Broadcasting closes a $2 million deal to buy news/talk WCHB (1200) from Radio One. Don Crawford already owns three stations in the metro including religious “The Light” WMUZ (103.5), gospel “Glory 1340” WEXL, and religious “The Word AM 560” WRDT. Radio One still owns two stations in the Detroit market including gospel “Praise 102.7” WPZR and urban AC “105.9 Kiss FM” WDMK and it operates urban “Hot 107.5” WGPR under a local marketing agreement. Broker: Michael Bergner
West Palm Beach – Marco Mazzoli’s Zoo Communications closes a $1.1 million deal to buy “93.5 True Oldies” WBGF from JVC Media. Zoo plans to flip the stations to its dance-formatted “Revolution” format that’s already airing on sister WZFL (93.5) in the Miami market. The FCC has approved moving WBGF’s Class C3 FM signal closer to the core of the West Palm Beach market. JVC Media still owns “900 The Talk” WSWN and soft AC “The Palm” WSVU (960) in West Palm Beach. Broker: Anthony Gervasi
Cincinnati – Educational Media Foundation closes a $700,000 deal to buy WNKE (104.1) from Northern Kentucky University. The University will also receive 75% of proceeds from EMF’s pending $130,000 sale of contemporary Christian “K-Love” WEKV (94.9) South Webster, OH to Somerset Educational Broadcasting Foundation. That translates to an additional $97,500 payment. Broker: Kalil
Augusta, GA – Norma Lewis’ 21st Century Broadcasting closes a $350,000 deal to buy urban “1230 The Blaze” WEZO from Michael Sbuttoni. The deal includes a one-year promissory note with a $357,000 balloon payment at the end of the term.
Johnson City-Kingsport-Bristol, TN – Chuck Lawson’s Awaken Broadcasting closes a $275,000 deal to buy hot AC “Y-100.5” WFYE from David Blair’s HB Radio. The standalone Class A FM will become Awaken Broadcasting’s second station in the market where it already owns gospel/religious teaching WZAP (690).
Fairbanks, AK – William St. Pierre’s Tanana Valley Radio sells its two stations in a pair of deals. In the first deal Tor Ingstad closes a $275,000 deal to buy country “Chet FM” KDJF (93.5) from Tanana Valley Radio. And in the second deal Rob Ingstad close a $275,000 deal to buy classic rock KYSC (96.9) from Tanana Valley Radio. The two stations have been operated by since Dec. 2016 by Basin Mediactive—the Tor and Rob Ingstad 50/50 partnership that’s being dissolved. Broker: Kepper, Tupper & Company
Missouri – Gary Brothers’ Pure Word Broadcasting closes a $200,000 deal to buy gospel KMHM, Lutesville, MO (104.1) from Southern Gospetality. Pure Word Broadcasting already owns contemporary Christian KHIS, Jackson, MO (89.9) in the region that lies to the west of the Cape Girardeau, MO market.
Georgia – John Timms’ Central Georgia Radio closes a $150,000 deal to buy four full-power stations and an FM translator from Catherine Staton’s Georgia Eagle Media. The deal includes country WWKM, Rochelle, GA (93.1); WCEH-FM, Pinehurst, GA (98.3) and WCEH, Hawkinsville; GA (610) both of which relay Macon, GA market classic hits “94.7 The Fox 94.7”; plus hot AC WDXQ, Cochran, GA (1440) and the Cochran, GA-licensed translator W244CL at 96.7 FM which simulcasts WDXQ allowing the two signals to brand themselves as “96-Q.” The sale leaves Georgia Eagle Broadcasting with the currently-silent WSYL, Sylvania, GA (1490) which it has a pending $20,000 deal to sell to Neal Ardman’s NIA Broadcasting.
Grand Rapids, MI – Scott Pastoor closes a deal to buy a controlling interest in urban AC “1530 The Pulse” WYGR from business partners Roland Rusticus. In a deal valued at $213,000 Pastoor raised his stake to 55% from his current 35% holdings while Rusticus sees his ownership position shrink to 10% from its current 65% stake. New partner Eric Mills has also come onboard with a 35% interest in the station.