SALES – STATIONS
Utica-Rome, NY – Townsquare Media strikes a $3.95 million deal to buy classic rock WOUR (96.9) from Galaxy Communications. Townsquare already owns four stations in the Utica-Rome market including country “Big Frog 104” WFRG-FM, classic hits “96.1 The Eagle” WODZ-FM, AC “Lite 98.7” WLZW and news-talk “News Radio 950” WIBX. It will begin selling time on WOUR under a joint sales agreement until closing. The sale leaves Galaxy with five stations in the market including rock “94.9 K-Rock” WKLL, hot AC “Mix 102.5” WUMX, “ESPN 1310” WTLB and its simulcasts on WIXT (1230) and WRNY (1350). Broker: Michael Bergner
Greenville-Spartanburg, SC – Iglesia Vida y Esperanza de Greenville files a $480,000 deal to buy Spanish-language religious “Nueva Vida Greenville 1260” WPJF from Iglesia Nueva Vida of High Point. Iglesia Vida doesn’t own any other stations.
Shreveport, LA – Houston Christian Broadcasters expands its footprint into market No. 140 with a $200,000 deal to buy classic country KTKC-FM (92.9) and adult standards KTKC (1460) from Leon Hunt. Houston Christian Broadcasters owns 30 other stations across the South. Once the sale closes Hunt will still own stations in Crockett, TX; Madisonville, TX; and Mansfield, LA.
Detroit – St. Clair County Community College files to donate WSGR-FM (91.3) to the St. Clair County Regional Educational Service Agency. The station dropped its modern rock format and went silent in December.
SALES – TRANSLATORS
New Orleans – Elmer Eduardo Orozco’s Ace Broadcasting files a $500,000 deal to buy the Slidell, LA-licensed translator K250BA at 97.9 FM from Douglas Romero’s Latinos Broadcasting. That marks a sizable return on investment for Latinos Broadcasting which bought the signal for $220,000 in June 2017. The FCC approved moving the translator closer into the New Orleans market. The translator currently simulcasts iHeartMedia’s classic hits “104.1 The Spot” KVDU.
Maryland – Miguel Rodriguez files a $52,500 deal to buy the Crisfield, MD-licensed translator W238BY at 95.5 FM from Mike Powell’s Bay Broadcasting. The filing says the signal will continue to simulcast Bay Broadcasting’s “Bay Country 97.9” WBEY-FM, Salisbury-Ocean City, MD.
Delaware – Peter and John Radio Fellowship files a $31,800 deal to buy the Camden, DE-licensed translator W261AE at 100.1 FM from Faith Community Church. The filing says the signal will relay contemporary Christian “88.7 The Bridge” WKNZ, Harrington, DE.
Tri-Cities, WA – Tom Hodgins sells two FM translators to Christopher Jacky for $2 and forgiveness of an unspecified amount of debt. The translators include the Richland, WA-licensed K258CN at 99.5 and the Kennewick, WA-licensed at 104.9 FM. Both signals simulcast adult hits “Bob FM 100.1” KQFO.
San Diego – Television broadcaster Tegna closes a $325 million deal to buy Midwest Television’s radio-TV combo in radio market No. 17. The deal includes rock KFMB-FM (100.7), news/talk KFMB (760), “CBS 8” KFMB-TV and the digital subchannel KFMB-D2 which carries CW network programming. Tegna currently owns 46 television stations in 38 markets and while it doesn’t currently own any other radio stations the company plans to keep the San Diego cluster intact. The AM-FM-TV combination has been under common ownership since onetime owner Jack Gross added the KFMB-FM in 1947 and KFMB-TV in 1949.
Lima, OH – Matt Childers closes a deal to roll his five stations in the Lima, OH market including country “92.1 The Frog” WFGF, classic hits “Fun 107.1” WDOH, classic rock “104.9 The Eagle” WEGE, sports “93.1 The Fan” WWSR and “Sports Talk 940” WCIT into J Chapman’s Woof Boom Radio. The deal is valued at $2.425 million including a $425,000 promissory note. Childers will continue managing the Lima cluster which also includes the online sports website 419sports.com and its digital agency CMG Digital Marketing.
Richmond, VA – Alpha Media exits the Richmond market as it closes a $1.9 million deal to sell classic hits WBBT-FM (107.3) and classic country “93.1 Hank FM” WWLB to Commonwealth Public Broadcasting. The stations have begun simulcasting news-talk/classical WCVE-FM (88.9). It is expected Commonwealth Public Broadcasting will eventually leave its news-talk format on WCVE-FM with classical and jazz programming on the other two signals. The pubcaster received nearly $182 million from sale of its broadcast television spectrum which will help pay for the additional radio stations.
Atlanta – Davis Broadcasting closes a $150,000 deal to buy the currently-silent WJZA (1310) from Chang Soo Kim. Davis already owns three other stations in the Atlanta market including regional Mexican “La Raza 102.3” WLKQ-FM and its simulcast on WNSY (100.1) and tropical “Mega Atlanta” WCHK (1290). Davis Broadcasting also has filed a $400,000 deal to buy the Winder, GA-licensed translator W266BW at 101.1 FM from Kevin Youngers in order to give WJZA an FM outlet.
Salisbury-Ocean City, MD – Ruby Lopez closes a $150,000 deal to buy the currently-silent WSUX (1280) from Bayshore Media. The deal also includes the Seaford, DE-licensed translator W230CO at 93.9 FM. Bayshore Media earlier sold sister WICO-FM (101.1) to Sebago Broadcasting for $262,500 which has since launched country “Wow 101.1” on the frequency.
New York – Jonathan Becker and Gregory Gallacher’s North Country Radio closes a $6,000 deal to buy the currently-silent WNBZ, Saranac Lake, NY (1240) from Ted Morgan’s Saranac Lake Radio. North Country Radio already owns AC “93.3 The Choice” WSLP in Saranac Lake. It also has a pending $32,500 to buy the currently-silent WLPW (105.5) in nearby Lake Placid, NY from Morgan. Broker: Jason James, Patrick Communications