SALES – STATIONS
Idaho & Wyoming – Magic Valley Media files a $475,000 deal to buy four full-power stations and one FM translator from Rich Broadcasting, which has been in bankruptcy since late-2016. Magic Valley Media buys AC “Star 107.5” KYZK, classic rock KECH-FM (95.3), adult alternative KSKI-FM (94.5) in the Twin Falls-Sun Valley market. The deal also includes the Ketchum, ID-licensed translator K276DW at 103.1 FM. Also beyond the market limits, Magic Valley Media picks up news-talk KOUW (102.9) in nearby Island Park, ID. A group of stations owned by Rich Broadcasting in the Jackson, WY aren’t included in the sale. Rich Broadcasting has been in chapter 11 bankruptcy proceedings and overseen by trustee Mark Hasimoto since March 2017. Magic Valley Media is operating the stations under a local marketing agreement until closing. The sale amounts to a restructuring since Magic Valley Media is a partnership among Richard Mecham (who’ll hold a 55% stake), Stephen Hawes (15%), Trevor Larsen(15%) and Stephen Mecham (15%)—all of whom had also been equity holders in Rich Broadcasting.
Roanoke-Lynchburg, VA – Mel Wheeler files a $205,000 deal to buy religious WKPA (1390) from Tinker Creek Broadcasters. The deal also includes the Lynchburg, VA-licensed translator W298CN at 107.5 FM. Wheeler already owns CHR “K-92” WXLK, AC “Q-99” WSLQ, urban AC “Vibe 100.1” WVBE-FM, “Star Country 94.9” WSLC-FM, talk WLNI (105.9), news-talk WFIR (960), and sports WPLY (610) in the market. Once the sale closes Tinker Creek Broadcasters will still own religious WKBA (1550) in the Roanoke-Lynchburg market.
North Dakota – Hi-Line Radio Fellowship files a $20,000 deal to buy variety KJKR, Jamestown, ND (88.1) from Jamestown College. The station will change to a religious teaching format once the sale closes.
Georgia – Bryan Steele’s Foundry Broadcasting files a $500 deal to buy country “106.5” The Boro” WMCD, AC “Eagle 94.9” WPMX, CHR WPTB (850), all-news WWNS, (1240) in the Statesboro, GA area from Neal Ardman. The deal also includes the Statesboro, GA-licensed translator W259CH at 99.7 FM and the Statesboro, GA-licensed translator W299CT at 107.7 FM. Bryan Steele is veteran radio and television manager in the area. He will operate the stations under a local marketing agreement until closing. Once the sale closes Ardman will still own stations in the Tampa, FL market.
Florida – Spirit Radio of North Florida files to donate the currently-silent WWLC, Cross City, FL (88.5) to the University of Florida. WWLC covers an area west of the Gainesville market. The University of Florida already owns three stations in the Gainesville market including WUFT-FM (89.1), “Country 103.7 The Gator” WRUF-FM, and sports WRUF (850), plus an FM covering an area to the south of the market: WJUF, Inverness (90.1) which relays WUFT-FM. It also owns local PBS affiliate WUFT-TV (channel 5).
SALES – TRANSLATORS
Jacksonville, FL – Luke Stephens’ Good Tidings Trust files a $450,000 deal to buy the Nassau Village-Ratli, FL-licensed translator W285FE at 104.9 FM from Edgewater Broadcasting. Good Tidings Trust already uses the signal to simulcast religious “Way Radio” WAYR (550) on FM. Broker: Fowler Media Consulting
Houston – Calvary Chapel of Southeast Houston files a $60,000 deal to buy the Kemah, TX-licensed translator K217DJ at 91.3 FM from Edgewater Broadcasting. Calvary Chapel will use the signal to extend coverage of its low-power religious station “Revive 95.3” KEPH-LP.
Arizona – Farmworker Educational Radio files a $45,000 deal to buy the Case Grande, AZ-licensed translator K271CR at 102.1 FM from Vic Michael’s Mountain Community Translators. Farmworker Educational Radio will use the signal to relay Phoenix regional Mexican “Radio Campesina” KNAI (860) into the Casa Grande area.
New Mexico –High Plains Radio Network closes a $25,000 deal to buy the farm KICA, Clovis, NM (980) from Tejas Broadcasting. KICA become High Plains Radio Network’s first station in the state of New Mexico. It still has a pending deal to buy an additional five full-power FMs and an FM translator from Tejas in New Mexico and Texas. Broker: Media Services Group
West Virginia – The West Virginia School for the Deaf & Blind closes a deal to donate “Classic Country 104” WVXS, Romney, WV to the South Branch Career and Technical Center. The school recently added a broadcast technology major and its students operate the online-only web radio station which carries a rock format.