SALES – STATIONS
Michigan – Chris Bernier-led Armada Media files a $550,000 deal to buy six Northern Michigan radio stations from Bill Curtis-owned Sovereign Communications. The deal includes four stations in the Marquette area including “Big Country 92.3” WJPD, hot AC “Star 94.3” WZNL, talk “News Talk 1320-1240” WDMJ/WIAN. In the Iron Mountain-Escanaba region, Armada Media gains “93 Rock” WIMK and “Talk Radio1450” WMIQ. Armada Media currently operates stations in Marquette, Escanaba and Manistique, MI. In a second related transaction, Sovereign Communications will sell “94 Rock” WUPK and classic hits “Oldies 99.5” WNGE in Marquette, MI to Marquette Radio in a deal valued at $100,000. Marquette Radio is a new entity that’s owned by Chris Bernier’s brother, Adam, and Terry Holzmann. Sovereign had initially announced it planned to sell all of its Marquette and Iron Mountain stations to Armada Media, however in order to comply with FCC ownership limits Armada requested that WUPK and WNGE be instead directly sold to Marquette Radio. After the two sales close, Sovereign Communications will still own seven radio stations in Michigan. Broker: Kalil
Michigan – Billy Sours’ Madsun Investments files a $230,000 deal to buy classic rock “Buzz 102.5” WBZV, Hudson, MI from Friends Communications. Broker: Patrick Communications
Colorado - Tom Troland and Michael Mallace’s Desert Explorer Communications files a $40,000 deal to buy KDVK, Dove Creek, CO (103.5) from Ted Tucker’s Cochise Broadcasting. KDVK is a new Class A signal. Troland already owns classic hits “Red Rock 92” KBDX, Blanding, UT in the region. Broker: Kalil
Oklahoma – The Chickasaw Nation files a $14,000 deal to buy KVOY, Wynnewood, OK (104.5) from the Real Community Radio Network. The Chickasaw Nation already owns five other FMs in the region but none of them overlaps with KVOY.
SALES – TRANSLATORS
Indiana – James Schliemann’s Iron Horse Broadcasting files to acquire the Logansport, IN-licensed translator W235CU at 94.9 FM from David Keister’s Mid-America Radio Group. The translator is an add-on to a $780,000 deal that recently closed in which Iron House bought “Hoosier Country 103.7” WHZR, classic hits “102.3 The River” WLHM, and adult standards WSAL (1230) in Logansport, IN from Mid-America. The translator simulcasts WSAL.
Vermont – Music Guild International closes a $275,000 deal to buy classic hits “101 The One” WEXP, Brandon, VT from Radio Vermont. The deal includes a promissory note for the full purchase price. Music Guild International is a not-for-profit organization that will pay for the station through a series of quarterly payments through December 2022. Radio Vermont earlier announced plans to sell most of its remaining stations to director of sales Steve Cormier.
Salt Lake City – Roger Lonnquist’s Northwest Capital closes a $90,000 deal to buy talk “AM 1230 The Place” KJJC from Michael Radio Group. The deal also includes the Bluffdale, UT-licensed translator K260DR at 99.9 FM. Once the sale closes, Michael will still own religious KNIT (1230) in the Salt Lake market.
Baton Rouge, LA – Ana and Freddy Cruz close a $25,000 deal to buy “CBS Sports AM 910” WUBR from Communications Capital Co. II of Louisiana. The buyers didn’t own any other stations, but they operate the online station that calls itself “Power 102.1 FM.” Communications Capital still owns three stations in the Monroe, LA market.
Cheyenne, WY – Educational Media Foundation closes a deal to swap contemporary Christian “Air1” affiliate KAIX (88.1) to Vic Michael’s Cedar Cove Broadcasting in exchange for the Cheyenne, WY-licensed K281DD at 104.1 FM plus the currently-silent KAZK, Willcox, AZ (89.7). No money changed hands as part of the swap but under the terms of the agreement a promissory note between the two companies will be canceled. Cedar Cove has filed an application with the FCC to relocate K281DD to another location in the Cheyenne market and as part of the deal’s terms it will also complete the build-out at its own expense.