SALES – STATIONS
Houston – Joe Paulo’s KSBJ Educational Foundation files a $385,000 deal to buy classic hits “92.3 The Eagle” KETX-FM from Deborah Rand’s Telcom Supply. Brokers: KSBJ Educational Foundation already owns contemporary Christian KSBJ (89.3), Christian CHR “NGEN Radio” KXNG/KYBJ (91.7/91.1) in the Houston market. It will operate the station under a local marketing agreement until closing. Telcom Supply will still own sports “1440 The Score” KETX after the sale closes. Brokers are Greg Guy and Jason James, Patrick Communications.
Alabama – Jeff Kierce’s JDK Broadcasting files a $150,000 deal to buy the currently silent WYDK (97.9) and WULA (1240) in Eufaula, AL from Sound Ideas. It also includes the Eufaula, AL-licensed translator W243EJ at 96.5 FM. The stations have been off the air since August 2018 because of an issue with their power source. JDK Broadcasting will operate the stations under a time brokerage agreement until closing. It currently owns “92.7 Buckaroo Country” KWNA-FM Winnemucca, NV (92.7).
Shreveport, LA – A.T. Moore’s Coochie Brake Broadcasting files a $26,000 deal to buy regional Mexican KSYR (92.1) from Access.1 Communications. Moore is President of the Family Life Educational Foundation, which owns Contemporary Christian “Miracle 89.1” KFLO-FM and its simulcast KKML (90.9) in the Shreveport market. It’s the first of two deals filed by Access.1.
Texas – RCA Broadcasting files a $15,000 deal to buy regional Mexican KCUL-FM Marshal, TX from Access.1 Communications. RCA Broadcasting already owns talk KZEY Marshal, TX (1410) and KFRO (1370) in the nearby Tyler-Longview, TX market. Access.1 has a still-pending deal from December 2015 to sell its last remaining station in the Atlantic City, NJ market. The Domestic Church Media Foundation has filed a $75,000 deal to buy religious WGYM (1580). The Foundation already owns religious WSMJ (91.9) in the Atlantic City market.
Montana – New Life Assembly Church files to donate religious KUDI Choteau, MT (88.7) to MOTA Ministries. The station will maintain its religious format.
Dallas – James Su’s Dallas Major Radio closes a $1.8 million deal to buy ethnic Mandarin-language KTXV (890) from Bustos Media. Su had been operating the station under a time brokerage agreement since 2012 and the $1.7 million worth of monthly fees he paid to operate KTXV was credited toward the purchase price. Su also paid $100,000 in 2012 under an option agreement, meaning the full purchase price has already been satisfied. KTXV is a 20,000-watt daytime-only station.
Pennsylvania – Lilly Broadcasting closes a $900,000 deal to buy classic hits “92 Gold” WRRN, country “Kinzua Country 104.3” WKNB, and talk WNAE (1310) in the Warren, PA area from Iorio Broadcasting. The deal also includes the Warren, PA-licensed translator W244DY at 96.7 FM. Lilly Broadcasting already owns WSEE-TV, the CBS affiliate in the nearby Erie, PA market and it operates WICU-TV under a shared services agreement with SJL Communications. Kevin Lilly also owns WENY-TV in the nearby Elmira, NY market. Broker: CMS Station Brokerage (for seller) and Fowler Media Consulting (for buyer).
Kansas – Michael Landis closes a $250,000 deal to buy “Fox Sports 1340” KSEK Pittsburgh, KS from Jerry Tibbetts. The deal also includes the Pittsburg, KS-licensed translator K300DE at 107.9 FM. The filing shows a $150,000 promissory note is part of the deal’s terms. Landis already owns sports “ESPN 1560” WMBH in the Joplin, MO market.
Texas – Bonnie Chambers closes a $100,000 deal to buy regional Mexican KBRN Boerne, TX (1500) from Gerald Benavides. In a related deal valued at $50,000, Chambers also bought the San Antonio, TX-licensed K268CR at 101.5 FM from Benavides. He still owns several stations in Corpus Christi.
Panama City, FL – A.D. Whitehurst has a new partner in his ownership of “1430 News Talk” WLTG. Clarence Gay has closed on a deal to sell his 50% stake to Charles Winstanley in a transfer valued at $20,000. In addition, Winstanley agrees to zero-out a promissory note signed by Gay in October to repay his share of expenses loaned by Winstanley to purchase and construct the Panama City, FL-licensed translator W269DR at 101.7 FM.
Arkansas – John Lykins and Steve Butler’s Rox Radio Group closes an $18,718 deal to buy alternative “104.9 The X” KXNA, sports “1190 The Fan” KREB, and talk “1390 The Center” KFFK from Media One Group. The deal also includes the Bentonville, AR-licensed translator K264DA at 100.7 FM, which simulcasts KFFK; and the Springdale, AR-licensed translator K263CB at 100.5 FM, which simulcasts KREB. The filing says that in addition to the $18,718 cash payment, Rox Radio Group will pay an unspecified debt to the Internal Revenue Service.