SALES – STATIONS
Tennessee – In a deal valued at $600,000 Gary and Marcella Darnell file to sell a controlling stake in Morgan County Broadcasting to Edward and James Knight. Both Edward Knight and James Knight will each pay $300,000 for a 35% stake. Both will pay $50,000 cash at closing with the balance in 84-month promissory notes. Ed Knight holds the other 30% stake in Morgan County Broadcasting meaning once the sale closes the three Knight family members will fully own “Hot New Country 101.3” WECO-FM and gospel WECO (940) in Wartburg, TN.
Michigan – Todd Mohr’s Aurora Media files a $400,000 deal to buy country “104.7 Kix Country” KYKX and adult standards WDBC (680) in Escanaba, MI from Jim and Betsy Cooke’s KMB Broadcasting. The deal also includes the construction permit for the Escanaba, MI-licensed translator K233CT at 94.5 FM. Aurora Media will operate the stations under a time brokerage agreement until closing. Broker: Jason James, Patrick Communications
Rome, GA – Educational Media Foundation strikes $200,000 deal to buy classic rock “The Ridge 95.7” WATG from Randy Davis’ TTA Broadcasting. After the deal closes Davis will still own “Talk Radio 1410” WLAQ in the Rome market. Broker: Eddie Esserman, Media Services Group
Tyler-Longview, TX – Paul Coates and Mike Huckabee file a $126,000 deal to buy oldies/adult standards KEBE (1400) from North Texas Radio. Also included in the deal is the Jacksonville, TX-licensed translator K284CT at 104.7 FM. Coates and Huckabee already own “94.3 New Country The Bull” KZXM, CHR “Fun FM” KLJT (102.3) and classic hits KTLU (1580) in the Tyler-Longview market. They’ll operate KEBE under a local marketing agreement until closing.
Texas – Gary Ware and James Turnaville’s Route 66 Media files a $16,200 deal to buy the currently-silent KDNZ, Pecos, TX (97.3) from the Top of Texas Educational Broadcasting Foundation. Route 66 Media already owns four FMs in the Texas Panhandle and KDNZ will become its first station in West Texas.
SALES – TRANSLATORS
Colorado – Greeley Broadcasting files a $25,000 deal to buy the Estes Park, CO-licensed translator K271BN at 102.1 FM from Mountain Community Translators. The signal is used to simulcast regional Mexican “Tigre AM” KGRE (1450) in the Ft. Collins-Greeley, CO market. The station also simulcasts on KGRE-FM (102.1) under a lease agreement with United States CP.
Montana – Montana State University files a $20,000 deal to buy the Big Sky, MT-licensed translator K222CJ at 92.1 FM from Ted Austin. Montana State University says it will use the signal to relay adult alternative KGLT, Bozeman, MT (91.9).
Dallas-Ft. Worth – Hispanic Family Christian Network agrees to swap the Sherman, TX-licensed K222CD at 92.3 FM to Iglesia Christiana Ebenezer. In exchange, Iglesia Christiana Ebenezer will swap the Clarksville, TX-licensed K293CN at 106.5 FM to Hispanic Family Christian Network. No cash will change hands as part of the deal. Iglesia Christiana Ebenezer will relay Spanish-language religious KYEB-LP, Garland, TX (107.1) on its translator. And Hispanic Family Christian Network relays its programming off an HD subchannel of Radio One’s rhythmic CHR “97.7 The Beat” KBFB.
Gainesville-Ocala, FL – Saga Communications closes a $9.3 million deal to buy “K-Country 93.7” WOGK and the classic rock “Wind FM” trimulcast of WNDT (92.5), WNDD (95.5), and WNDN (107.9) from the Dix Communications. Saga doesn’t currently own any other stations market No. 86 but says it intends to build out its cluster. Broker: Wood & Company
Rapid City, SD – Western South Dakota Broadcasting closes a deal to pay $240,000 to retiring company co-owner Steven Duffy for his stake in country “Eagle 95.9” KZZI. In a separate transaction Western South Dakota Broadcasting also closes a $497,775 deal to buy cross-town AC “Star 106.3” KZLK from Duffy, who has individually owned the station. The filings also say Denise Kreb will be the new managing manager of Western South Dakota Broadcasting. Several other co-owners of the company also control Duhamel Broadcasting which owns three stations in the Rapid City market including “Classic Hits Q-92.3” KQRQ, “X-Rock 101” KDDX, and “News Radio 1380” KOTA.
Alabama – John Kennedy’s Lake Broadcasting closes a $150,000 deal to buy AC/sports WFEB, Sylacauga, AL (1340) from Powers Broadcasting Company. The deal includes the Sylacauga, AL-licensed translator W265DV at 100.9 FM. Lake Broadcasting already owns “Kowaliga Country 97.5” WKGA in the area.
Iowa – Sound in Spirit Broadcasting closes a $150,000 deal to buy religious KMDY, Keokuk, IA (90.9) from Cornerstone Community Radio. The deal also includes the Quincy, IL-licensed translator W209CH at 89.7 FM. Sound in Spirit Broadcasting already owns religious “Lift FM 88.3” KQLF in Ottumwa, IA. Cornerstone Community Radio still owns six stations in Illinois.
North Carolina – More than a year after Jimmie Bell bought sports “AM 1230 The Ticket” WCBT, Roanoke Rapids, NC in April 2017 from Jimmy Johnson he has closed a deal to return the station to its previous owner. The $150,000 purchase had included $130,000 in seller financing and a filing with the FCC says Bell has defaulted on the promissory note. Johnson also owns gospel/R&B oldies WCPS (760) in nearby Tarboro, NC.
Arizona & Mississippi – Hispanic Family Christian Network closes a deal to transfer the Spanish-language religious stations KZYU-FM, Wellton, AZ (91.7) and KRIQ-FM, Richton, MS (88.9) to the newly-created Hispanic American Christian Network. No cash will change hands as part of the deal.