SALES – STATIONS
Kansas City – Reyes Media Group files a $600,000 deal to buy regional Mexican “La Grande 1340 KDTD and Spanish sports KCZZ (1480) from TBLC Media. Edward Reyes has been operating the stations under a local marketing agreement since July 2015. Reyes Media Group also has leased regional Mexican “La X 1250” KYYS from Entercom since 2010 under a $15,000-per month LMA.
Massachusetts – Educational Media Foundation files a $250,000 deal to buy WFNX, Athol, MA (99.9) from Northeast Broadcasting Company. The signal is used to relay Boston’s adult alternative “92.5 The River” WXRV into north-central Massachusetts. EMF currently owns contemporary Christian “K-Love” affiliate WKMY, Winchendon, MA (91.1) in the area.
Birmingham, AL – Pedro Zamora’s BAR Broadcasting files a deal to reclaim the currently-silent WZGX (1450) from Lyle Reynolds’ Red Mountain Ventures in exchange for forgiving $200,000 in debt. BAR Broadcasting sold WZGX to Red Mountain Ventures in 2017. Red Mountain Ventures also owns the Fultondale, AL-licensed translator W256CD at 99.1 FM in the Birmingham market.
Salisbury-Ocean City, MD – Vincent Klepac’s VinCo Media files a $175,000 deal to buy classic hits “Xtra 106.1” WXSH (106.1) from Michael Powell. It’s a quick profit for Powell who bought the station for $150,000 last year. VinCo Media currently owns classic hits WKHI (94.9) in the market but it has a pending $375,000 deal to sell that station to the Voice Radio Network. The purchase of WXSH is conditioned on that sale closing. In a full-circle nature of the deal-making, Voice Radio Network sold WXSH to Powell last year.
SALES – TRANSLATORS
Montana – Brandy Powell files a $10 deal to buy the Missoula, MT-licensed translator K279CP at 103.7 FM from Sheila Callahan & Friends, Inc. The signal simulcasts hot AC “Mountain 102.5” KMSO, Missoula, MT.
Nebraska – Tim Marshall and Craig Larson’s Nebraska Rural Radio Association closes a $1.75 million deal to buy seven stations from Alan Usher’s G.I. Family Radio. The deal includes country “Wild Country 106.9” KHYY Minatare, NE; CHR KOZY-FM, Bridgeport, NE(101.3); classic rock KMOR (93.3), Gering, NE; the currently-silent KETT, Mitchell, NE (99.3); classic country “690 The Legend” KOLT, Terry Town, NE; the currently-silent KOAQ, Scottsbluff, NE (1320); and oldies KUVR, Holdrege, NE (1380). The deal also includes the Holdrege, NE-licensed translator K245CK at 96.9 FM that simulcasts KUVR. Among the changes announced earlier: Nebraska Rural Radio Association plans to end the country battle between KHYY and the country station it already owned in the area – “94.1 The Brand” KNEB-FM by putting A classic country format on KHYY. The format has been the HD2 channel of country KNEB-FM and the Scottsbluff, NE-licensed translator K269DO at 101.7 FM which has allowed it to brand itself as “101.7 The Trail.” In another planned move, Nebraska Rural Radio Association has said it plans to put a news-talk format on KOLT and KUVR with another format change in the works for both KETT and KOAQ. Broker: Kalil
Iowa – Kathi and Patrick Kolar’s Open Roads Media closes a $795,000 deal to buy AC “97.7 The Bolt” KHBT, Humboldt, IA from Riverfront Broadcasting. Kathi Kolar had been the general manager and sales manager for the station.
Charlotte, NC – Norberto Sanchez’s Norsan Group closes a $500,000 deal to buy regional Mexican WNOW (1030) from TBLC Media. The deal also includes the Charlotte-licensed translator W256BP at 99.1 FM. The contract says Norsan would receive a $15,000 credit against the purchase price for what it spent on making the needed repairs to get WNOW back on the air during a time brokerage agreement since the deal was filed last July. The Norsan Group also owns tropical “Latina Tu Musica 102.3” WGSP-FM and Spanish oldies “Pepe 1310” WGSP and its simulcast WXNC (1060) in the Charlotte market.
Salina-Manhattan, KS – Divine Mercy Radio closes a $340,000 deal to buy KDJM (101.7) from Randy Michael’s Radioactive. Divine Mercy Radio already owns religious “Divine Mercy Radio 88.1” KVDM, Hays, KS and “Divine Mercy Radio 88.1” KRTT, Great Bend, KS. KDJM had most recently been operated by Rocking M Radio.
Dallas – Radio Punjab Dallas closes a $225,000 deal to buy the currently-silent KTXV (890) from James Su. Radio Punjab Dallas is a Washington-based company headed by Sukhdev Dhillon. The 20,000-watt daytime-only AM went silent in October due to a copper theft. After the sale Su will still own stations in the Atlanta; Portland, OR; Riverside-San Bernardino; Salt Lake City; Las Vegas and Honolulu markets. Broker: Kalil
Louisiana – Brenda Floyd and James Allwood’s Misslou Media closes a $200,000 deal to buy classic hits “107.1 The River” KFNV-FM, Ferriday, LA and classic country “104.7 The Gator” KWTG, Vidalia, LA from Tom Gay’s Riverside Radio Group of Louisiana. Gay previously sold his other radio properties in the region. Broker: Bill Whitley, Media Services Group
Nebraska – VSS Catholic Communications has closed a $40,000 deal to buy the currently-silent KETT, Mitchell, NE (99.3) from G.I. Family Radio. The FM is a spin-off from a larger deal that will see G.I. Family Radio sell its seven stations to Nebraska Rural Radio Association. In order to comply with FCC ownership limits, the Association wasn’t able to buy all seven stations. VSS Catholic Communications will flip KETT to its religious “Spirit Catholic Radio” format.
Indiana – Star Educational Media Network closes a $40,000 deal to buy the currently-silent WEAX, Angola, IN (88.3) from Trine University. Star Educational Media Network already owns three full-power FMs and six FM translators in Indiana which simulcast Fort Wayne, IN market contemporary Christian “Star 88.3” WLAB.
Tennessee – Greg Comb’s Providential Broadcasting closes a $10,000 deal to buy the currently-silent WXRQ, Mount Pleasant, TN (1460) from New Life Broadcasting. WXRQ went off the air in July when it told the FCC it had lost access to its longtime rented transmitter site following the death of the property’s owner. It said it was looking for a new site.
Texas – Weston Entertainment closes a deal to donate KBPC, Crockett, TX (93.5) to Houston Christian Broadcasters. The religious broadcaster currently owns 37 stations in Texas, Oklahoma, Arkansas, Louisiana and Florida.