SALES – STATIONS
Rapid City, SD – Carolyn and Doyle Becker’s Riverfront Broadcasting files a $3.6 million deal to buy AC “Star 106.3” KZLK, “95.9 Eagle Country” KZZI; “Classic Hits Q-92.3” KQRQ, “X-Rock 101.1” KDDX, and “News Radio 1380” KOTA from Duhamel Broadcasting . The deal also includes three translators: the Rapid City, SD-licensed K264CP at 100.7 FM; and the Rapid City, SD-licensed K278AN 103.5 FM; the Rapid City, SD-licensed K242BK at 96.3 FM; and the Spearfish, SD-licensed K278AM at 103.5 FM. Riverfront Broadcasting will operate the stations under a programming agreement until closing. Brokers: Susan Patrick and Jason James, Patrick Communications
Dallas-Ft. Worth – Odes and Ann Kim’s KTN Broadcasting files a $1.5 million deal to buy urban gospel “Heaven 97” KHVN (970) and southern gospel KKGM (1630) from Mortenson Broadcasting. The deal also includes the Ft. Worth, TX-licensed translator K237HD at 95.3 FM. KTN Broadcasting will operate the stations under a time brokerage agreement until closing. Once the sale closes, Jack Mortenson will still own religious KGGR (1040) in the market.
Pueblo, CO – Belinda Salazar’s Greeley Broadcasting files a $1.175 million deal to buy regional Mexican “Tigre 102.1” KGRE-FM in the Fort Collins, CO market and regional Mexican “Tigre 104.9” KRYE in the Pueblo ,CO market from Todd Robinson’s United States CP. Greeley Broadcasting has already been operating the two FMs. It also already owns “Tigre” outlet KGRE (1450) in the Ft. Collins market and Tejano “La Fiebre 94.7” KFVR-FM in the Pueblo market.
Georgia – Shanks Broadcasting files a pair of deals worth a combined $500,000 to buy five stations and five translators from John Timms’ Central Georgia Radio. The stations include the sports “ESPN Middle George” simulcast of WXKO, Fort Valley, GA (1150); WCEH-FM, Pinehurst, GA (98.3); WWKM, Rochelle, GA (93.1); WCEH, Hawkinsville, GA (610) plus country WDXQ, Cochran, GA (1440) from John Timms’ Central Georgia Radio. The deal also includes five translators: the Macon, GA-licensed W226BZ at 93.1 FM; the Fort Valley, GA-licensed W284DE at 104.7 FM; the Montezuma, GA-licensed W290BD at 105.9 FM; the Hawkinsville, GA-licensed W241CO at 96.1 FM; and the Cochran, GA-licensed W244CL at 96.7 FM. Bill Shanks is a veteran Atlanta sports journalist and broadcaster who currently hosts afternoon drive on “ESPN Middle Georgia.” Shanks has partnered with Howard Holleman and Gay McMichael in the venture. The filings say Shanks Broadcasting is “in the process of acquiring several properties in Georgia” but these are the first deals to show up at the FCC.
SALES – TRANSLATORS
Tennessee – Dwight Wilkerson files a $23,468 deal to buy the Newport, TN-licensed translator W250BR at 97.9 FM from Edgewater Broadcasting. The signal is already being used to simulcast Wilkerson’s oldies/religious “Smokies Oldies 1270” WLIK.
Phoenix – Jim Schneider’s VCY America closes 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. 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. Broker: Kalil
Washington, DC – Potomac Radio Group closes a $1.5 million deal to buy Spanish WUST (1120) and ethnic WCRW (1190) from New World Radio. The contract stipulates that each of the AMs is worth $750,000. Potomac Radio Group is a partnership among president Patricia Lane, CFO Brian Lane and VP of broadcast operations Dan Mason—the former CBS Radio CEO who currently serves as an advisor to iHeartMedia. Patricia and Brian Lane also separately control Marquee Broadcasting which owns stations in the nearly Salisbury-Ocean City, MD market. New World Radio, owned by Alan Pendleton and Dick Aronoff, last year sold its only other stations in the Philadelphia market. Broker: Kalil
Minnesota – Daniel and Barbara Massman’s K&M Broadcasting close a $750,000 deal to buy classic rock “Power 96” KQPR, Albert Lea, MN from Greg Jenson’s Hometown Broadcasting. The deal also includes a separate consulting agreement that will pay Jenson an additional $45,000. K&M Broadcasting already owns news-talk KDWA, Hastings, MN (1460) in the area.
Idaho – Emily and Robert Goodrich’s Bitterroot Communications closes a $350,000 deal to buy AC/country KSRA-FM & AM Salmon, ID (92.7, 960) from Jim Hone’s Salmon River Communications.
Illinois – Robbins-Treat Resources closes a $213,000 to buy AC “Sunny 97.7” WMOI and “Classic Country 1330” WRAM in Monmouth, IL from Prairie Communications. The filing says $45,000 of the purchase price is attributed to the real estate. Robbins-Treat Resources will operate the stations under a local marketing agreement until closing. Broker: Paramount Media Advisors
Springfield, MA – Saga Communications closes a $210,000 deal to buy oldies WFAT, Orange-Athol, MA (700) from Northeast Broadcasting Company. The deal includes the Greenfield, MA-licensed translator at 92.3 FM giving the 2,500-watt daytime-only AM a 24-hour signal. Saga already owns five other stations in the Springfield, MA market including adult alternative “93.9 The River” WRSI, rock “Lazer 99.3” WLZX, classic rock “Rock 102” WAQY, “Bear Country 95.3” WPVQ and talk WHMP (1400). Saga also owns several stations in the adjacent Keene-Brattleboro, NH-VT market.
Arizona – Ted and Jana Tucker’s Cochise Broadcasting closes a $75,000 deal to buy religious KNXN, Sierra Vista (1470) from Good News Radio Broadcasting. The deal includes two Sierra Vista-licensed translators including K256CJ at 99.1 FM and K298BZ at 107.5 FM. Cochise Broadcasting already owns three other stations in the area including AC “Q-95” KCDQ, oldies KKYZ (101.7) and the construction permit KXKR (101.7).
Knoxville – Aaron Ishmael and Karl Kieber’s Mid-Century Radio closes a $30,000 deal to buy oldies “Mid Century Radio 1180” WKCE from John Pirkle’s Oak Ridge FM. The deal includes the Rockford, TN-licensed translator W268BP at 101.5 FM. Mid-Century Radio also owns WVLZ (1120) in the Knoxville market.
New Mexico – Basin Broadcasting Company closes a $30,000 deal to buy Spanish adult hits “Juan 1280” KRZE, Farmington, NM from Majestic Media. The deal includes the construction permit for the Farmington, NM-licensed translator K265FJ at 100.9 FM. Basin Broadcasting Company already owns four stations in the Four Corners area including country “Navajo Country 97.5” KNDN-FM, AC “94.9 Quick Radio” KWYK-FM, classic rock “X-Rock 105.3” KXRC, and ethnic “All Navajo Radio” KNDN (960).
Iowa – Doyle and Carolyn Becker’s Riverfront Broadcasting closes a deal to take 100% ownership of three radio stations and two FM translators in Iowa currently controlled by Danette and Kirk Graeve’s Fieldview Broadcasting. In doing so, the Beckers relinquish their 40% ownership stake in 13 other stations owned by Fieldview in Iowa, Minnesota and South Dakota. No cash changed hands as part of the deal. The assets that become part of Fieldview Broadcasting are north of the Des Moines market and include AC “Q-95” KQWC, Webster City, IA; oldies “The Kruise 1570” KZWC; and talk/sports KWBG, Boone, IA (1590). The deal also includes two translators: the Webster City, IA-licensed K268DH at 101.5 FM. And the Boone, IA-licensed K268DS at 101.5 FM.
Texas – Positive Radio closes files an $87,000 deal to buy a 49% stake in Tim and Stacey Walker’s Two Way Communications. The filing says the purchase price will forgive outstanding debt owed by seller. Two Way Communications owns gospel “Y-100.5” KBLY, Newcastle, TX and KCKB, Moran, TX (104.1) from Two Way Communications. KCKB is a construction permit for a Class A FM.