SALES – STATIONS
Phoenix – Jim Schneider’s VCY America files a $4.9 million deal to buy KCCF-FM (88.3) from the Cesar Chavez Foundation. Wisconsin-based VCY America currently owns 25 full power radio stations, along with 15 translators. It has also just struck a deal to buy a Missouri FM from Cumulus Media (see below). Once the sale closes the Cesar Chavez Foundation will still be on the air in the market. It splits time on KPHF (88.3) with religious broadcaster Family Radio. Under the unusual arrangement the Foundation operates the station from 4am to 7:30pm with Family Radio taking overnights. The Foundation will also still own regional Mexican “Radio Campesina” KNAI (860) in the Phoenix market outright as well as several stations it bought in the Prescott, AZ area earlier this year. Broker: Kalil
Chicago – Educational Media Foundation files a $1.6 million deal to buy talk WCPT-FM (92.5) from Fred Eychaner’s Newsweb Corp. The deal gives EMF its seventh station in the Chicago metro area including contemporary Christian “K-Love” affiliate WCKL-FM (97.9) which it bought from Merlin Media for $21.5 million earlier this year. It’s the second sale of a Chicago market signal for Newsweb this year. It earlier agreed to spin WYHI (99.9) to Bible Broadcasting Network in a $5.099 million deal. It still owns ethnic “Polski FM” WCPY (92.7), talk WCPT (820), ethnic WNDZ (750), Spanish “La Promesa” WAIT (850), and ethnic WSBC (1240) in the market. Broker: Bob Heymann, Media Services Group
Arizona – Stone Canyon Media Group files a $925,000 deal to buy four stations in the Flagstaff-Prescott, AZ area from Greg Dinetz’s Grenax Broadcasting including country “107.5 Kolt Country” KSED, 80s hits “Rewind 92.5” KFLX, classic rock “96.7 The Wolf” KWMX, and “97.1 The Big Talker” KBTK. Also includes are two booster signals in Flagstaff and Sedona, AZ from KWMX. Stone Canyon Media will operate the stations under a time brokerage agreement until closing. The newly-formed group is made up of former Cherry Creek Media president Joe Schwartz, Withers Broadcasting president Dana Withers, and Emmis SVP/St. Louis market manager John Beck. The filing shows Schwartz and Beck’s Stone Canyon Radio and Marketing Group will hold a 75% stake with Withers controlling the other 25% of the company. Schwartz will relocate to the Flagstaff area to work with the cluster including current general manager Stan Pierce. Beck and Withers will remain at their current positions. Broker: George Reed, Media Services Group
Panama City, FL – Powell Broadcasting agrees to spin-off one of its four stations in market No. 225 to Educational Media Foundation. EMF files a $472,000 deal to buy rhythmic CHR “Hot 107.9” WPFM. EMF currently doesn’t own any stations in the market and it’s expected to put the contemporary Christian “K-Love” format on WPFM. The sale will leave Powell Broadcasting with “Kick`n Country 103.5” WKNK, “Classic Rock 95.9” WRBA and adult hits “105.1 Bob FM” WASJ in the Panama City, FL market. It also owns stations in Sioux City, IA. Broker: Kalil
Idaho – Kim and Jami Lee file a $150,000 deal to buy KXML, Fairfield, ID (99.9) form Ted and Jana Tucker’s Cochise Broadcasting. Lee Family Broadcasting already owns seven stations in the state including regional Mexican “La Perrona 99.1” KXTA-FM, classic country “94.7 Buck-FM” KART, and “103.1 The Edge” KEDJ in the Twin Falls-Sun Valley, ID market as well as hot AC “Hot 100” KZDX, country “106.1 The Kat” KKMV, talk KBAR (1230), and regional Mexican “970 La Patrona” KXTA in the Twin Falls, ID market.
Kentucky – Beth Mann’s Ham Broadcasting Company files a $137,500 deal to buy classic hits “The Tiger” WPKY, Princeton, KY (1580) from Tiger Media. The deal includes the Princeton, KY-licensed translator K277CK at 103.3 FM. Ham Broadcasting Company already owns country WKDZ-FM (106.5), oldies WKDZ (1110), and oldies WHVO (1480) in the area. It will operate WPKY under a local marketing agreement until closing.
Springfield, MO – Cumulus Media files to sell its standalone FM in the Springfield, MO market to VCY America. It will pay $100,000 to buy the currently-silent KRWP (107.7). Wisconsin-based religious broadcaster VCY America currently owns more than two dozen full power radio stations, as well as 15 FM translators including KVCY (104.7) in nearby Ft Scott, KS. It will convert KRWP into a noncommercial station. Cumulus bought KRWP for $825,00o in 2004 from the Gilbert family but it failed to add any additional stations in market No. 135. It took the station silent in March. Cumulus will still own a six-station cluster in the Columbia-Jefferson City, MO market. Broker: Eddie Esserman, Media Services Group
Stockton, CA – Peace and Justice Network of San Joaquin County files a deal to sell the currently silent KBCC (89.9) to Voice of Stockton for one dollar. The Peace and Justice Network of San Joaquin County also owns the recently construction low-power variety KXVS-LP (92.1) and under FCC rules it is not allowed to own both an LPFM and a full-power station.
Alaska – Kenai Educational Media files to donate news-talk KIBH-FM, Seward, AK (91.7) to Kenai Mountains Public Media. Three translators owned by Kenai Educational Media are not included in the deal.
San Francisco, San Jose & Sacramento – Bonneville closes a $141 million deal to buy eight stations from Entercom. In San Francisco it buys AC KOIT (96.5), CHR “99.7 Now” KMVQ-FM, urban AC “R&B 102.9 Soul of the Bay” KBLX-FM. In the adjacent San Jose market Bonneville picks up classic rock “98.5 K-Fox” KUFX for Entercom. And in Sacramento Bonneville buys “New Country 105.1” KNCI, AC “Mix 96” KYMX and hot AC “Now 100.5” KZZO and “CBS Sports Radio 1140” KHTK. The deal includes two KBLX-FM boosters in Berkeley and Pleasanton. Also, a KMVQ-FM booster in Walnut Creek. And two boosters for KUFX in Morgan Hill and Pleasanton. The three markets are each new for Bonneville which already operates clusters in Salt Lake City, Phoenix, Denver and Seattle. Bonneville had been operating the stations since Nov. 2017 under a local marketing agreement with the divestiture trust created by Entercom as part of its agreement with the Dept. of Justice securing its approval to merge with CBS Radio. It had given Entercom one year to find a buyer and close the deal on the spin-off of the stations. Entercom still owns seven stations in San Francisco and six stations in Sacramento. Broker: Kalil
Puerto Rico – Caguas Educational TV closes a $1 million deal to buy Spanish contemporary Christian “Sacra FM” affiliate WBYM, Bayamon, PR (1560) from Aurio Matos. Caguas Educational TV already owns Spanish Christian “Pura Palabra Radio” WQML, Ceiba, PR (101.5) and religious WUJA-TV, Caguas, PR (channel 48) on the eastern end of the island. A second still-pending deal between the two companies will give Caguas Educational TV its first station in the Ponce region. It will pay $100,000 to buy WMLG, Guayanilla, PR (89.9) from Matos. The Class A FM also airs its “Sacra FM” Spanish Contemporary Christian format. Once both sales close Matos will still own four other stations in Puerto Rico including “Sacra FM” affiliates WLUZ, Levittown (88.5) and WZCA, Quebradillas (91.7) as well as romantica “Cima 103” WCMA, Bayamon and the currently-silent WDNO, Quebradillas (960).
Memphis – Tom and Allison Freeman’s North Mississippi Radio Group close a $900,000 deal to buy country “95.3 The Rebel” WEBL from Ron Unkefer’s Memphis First Ventures. The deal includes a $600,000 promissory note. Tom Freeman has been general manager of the station since 2009. He earlier was an ops manager for Cumulus Media in Topeka, KS and an ops manager for iHeartMedia in Tupelo, MS. Memphis First Ventures already sold WGUE (1180) in Memphis to Butron Media and it still has a pending deal to sell WUMY (830) and the Memphis-licensed translator W288BJ at 105.5 FM to Global Ministries Foundation.
Illinois – Hancock County Broadcasting files a $75,000 deal to buy classic country/farm WYEC (1510) from Fletcher Ford’s Regional Media-Virden Broadcasting. The deal also includes the Macomb, IL-licensed translator W226CH at 93.1 FM which gives the daytime-only a 24-hour signal as “Positive 93.1-1510 AM.
Oklahoma – Chad and Shelley Fox’s Fuchs Broadcasting files a $60,000 deal to buy rock “K-Howl 98.7” KHWL, Lone Wolf, OK from Wolf Korgyn’s Wolfpack Media. Fuchs Broadcasting already owns four stations in the southwest Oklahoma including “Classic Hits 97.7” KHIM, CHR “107 The Zone” KTIJ, “100.3 The Sports Animal” KJCM, and classic country KTJS (1420).
Indianapolis – Rob McClure-led The Power Foundation closes a $15,000 deal to buy religious “The Life FM” WWQI (91.3) from Horizon Christian Fellowship of Indianapolis. The Power Foundation owns 21 other full-power stations but WWQI will become its first in Indiana.
Panama City, FL – Clarence Gay and A.D. Whitehurst close a $13,000 deal to buy out their partners in Hour Group Broadcasting. Each will double their current 25% stakes and become 50-50 partners in the company that owns “1430 News Talk” WLTG and the related Panama City, FL-licensed translator W269DR at 101.7 FM. The pair buys the 25% stake held by the estate of Bill Corbin for $3,000. They also buy the 5% stakes held by Glenda Baxley, Brenda Gibbs, Barbara Gilbertson, Wanda Hunt, and Eloise Todd for $2,000 apiece.
Hudson Valley, NY – Vineyard Public Radio closes a deal to transfer adult standards/jazz WPUT, North Salem, NY (90.1) to Foothills Public Radio. Both entities are controlled by Dennis and Maureen Jackson. The husband-and-wife team’s Jackson Group also owns three commercial band stations including AC “Rip 97.9” WRIP, Windham, NY; WQQQ, Sharon, CT (103.3) which relays the Bridgeport, CT-based public radio station WSHU; and adult alternative “Farm Fresh Radio” WCLX, Westport, NY (102.9).
Nebraska – Ted and Jana Tucker’s Cochise Broadcasting close on their donation of KHSK, Allen, NE (100.9) to the Winnebago Tribe of Nebraska. The Tribe already publishes the biweekly Winnebago Indian News. It plans to operate KHSK as a noncommercial station. The donation is part of an agreement with the FCC to surrender or donate 10 radio stations across the Midwest and Mountain West which it failed to keep on the air.