SALES – STATIONS
Multistate Deal – Apollo Global Management files a $500 million deal to buy 63 radio stations from Cox Media Group across 11 markets including Atlanta, Miami, Houston, Tampa, Jacksonville, San Antonio, Tulsa, and Nassau-Suffolk, NY. The deal also includes Cox’s national TV rep firm CoxReps and Cox’s Washington, D.C. news bureau operations. The filing shows the sale price includes a $75 million promissory note held by Cox Enterprises. Apollo previously struck a $3.1 billion deal to buy Cox’s television station group including the radio-TV-newspaper combination in Dayton, OH. Cox Enterprises will retain a minority stake in the broadcast company and it will have the right to name one board member. The new entity will keep the Cox Media Group name and remain headquartered in Atlanta. In order to comply with FCC ownership limits, two stations—alternative “97X” WSUN in Tampa and CHR “Power 95.3” WPYO in Orlando—will be placed in the Elliot Evers-run CXR Stations Trust.
New York – John Catsimatidis’ Red Apple Media files a $12.5 million deal to buy talk WABC (770) from Cumulus Media. Under a transition agreement, Cumulus will continue to provide several services to WABC for a four month period after the deal closes including handling such functions as payroll, billing, and website hosting for a monthly fee of $25,000. The sale leaves Cumulus with just one station in the New York market and it says it is planning to sell urban AC “Radio 103.9” WNBM. It earlier sold hot AC WPLJ (95.5) to Educational Media Foundation.
Honolulu – Pacific Media Group enters the Honolulu market with a $5.5 million deal to buy four FMs from Ohana Media Group. The stations including rhythmic CHR “102.7 Da Bomb” KDDB, alternative “Alt 105.9” KPOI-FM, rhythmic AC KUMU-FM (94.7), and ethnic Hawaiian “93.1 Da Pa`ina” KQMQ-FM. Pacific Media Group already owns stations on Maui and the Big Island of Hawaii.
North Carolina & Virginia – Byrne Acquisition Group files a $3.4 million deal to buy seven full-power stations and two FM translators along the North Carolina-Virginia border from Alex Kolobielski’s First Media Radio. The stations include soft AC “98.3 The River” WDLZ and “Gospel 1080” WWDR in Murfreesboro, NC; country “Maverick 102.3” WPTM, Roanoke Rapids, NC; sports “1400 The Score” WSMY, Weldon, NC; classic hits “Magic 97.9” WTRG, Gaston, NC; urban “99.5 Jamz” WYTT, Emporia, VA; and classic rock “107.7 Rock City” WWDW, Alberta, VA. The translators include the Weldon, NC-licensed W246DQ at 97.1 FM and the Murfreesboro, NC-licensed W290DE at 105.9 FM. John Byrne will operate the stations under a local marketing agreement until closing. Broker: George Reed, Media Services Group
Houston – Joe Paulo’s KSBJ Educational Foundation continues to add to its portfolio of stations in the Houston metro area. Its latest deal is a $1.3 million purchase of AC “Shine All 9” KSHN (99.9) from Bill Buchanan’s Trinity River Valley Broadcasting. The KSBJ Educational Foundation will operate the station under a local marketing agreement until closing. The Foundation already owns contemporary Christian KSBJ (89.3), Christian CHR “NGEN Radio” KXNG/KYBJ (91.7/91.1) in the Houston market. It also has a pending deal to buy classic hits “92.3 The Eagle” KETX-FM from Telcom Supply. Brokers: Scott Knoblauch of Spectrum Media and Bill Whitley of Media Services Group
Panama City, FL – Aaron Lee’s Great American Media files a $700,000 deal to buy “Classic Rock 95.9” WRBA, adult hits “Bob FM 105.1” WASJ, country “Kickin 103.5” WKNK from Sam Rogatinsky’s Palm Beach Radio Group.
Altoona, PA –Lightner Communications files a $675,000 deal to buy AC “Mix 94.7” WBRX, classic rock “Q-94” WBXQ, “News Talk 1240” WRTA, and oldies WKMC (1370) from Sherlock Broadcasting. The deal also includes two FM translators: the Altoona, PA-licensed W253CJ at 98.5 FM which simulcasts WRTA and the Altoona-licensed W241CQ at 96.1 FM which simulcasts WKMC. The filing says each station is valued at $100,000 and the related real estate is valued at $275,000. Matt Lightner already owns soft AC WTRN (1340) and adult hits WYUP (1400) in the Altoona region. Broker: Harold Bausemer
Montana – Russ Newell files a $650,000 deal to sell classic rock “The Rock 100.5” KJJM and country KFLN (960) in Baker, MT to Jay Newell Media. The deal also includes the Baker, MT-licensed translator K254DO at 98.7 FM.
Charlotte, NC – Norberto Sanchez’s Norsan Group files a $500,000 deal to buy the currently-silent WNOW (1030) from TBLC Media. The deal also includes the Charlotte-licensed translator W256BP at 99.1 FM. WNOW went silent in May after it lost the lease on its studio facility. The Norsan Group will operate WNOW under a time brokerage agreement until closing. The contract says Norsan will receive a $15,000 credit against the purchase price to make repairs to get WNOW back on the air during the TBA. Norsan Group already owns tropical “Latina Tu Musica 102.3” WGSP-FM and Spanish oldies “Pepe 1310” WGSP and its simulcast WXNC (1060) in the Charlotte market.
Missouri – Aaron Ervine’s Main Street USA Communications files a $50,000 deal to buy “My Country 99.1” KDWD, Marceline, MO from My Country Radio. Main Street USA Communications will operate the station under a time brokerage agreement until closing.
Wyoming – Vic Michael’s Cedar Cove Broadcasting files a $50,000 deal to buy talk KKRR, Casper, WY (88.3) from Rule Communications. Once the sale closes Bob Rule will still own country/oldies “101 K-Pine” KPIN, Pinedale, WY.
Houston – Ken Luck files a $25,000 deal to buy sports “The Score” KETX (1440) from Telcom Supply. The deal also includes the Livingston, TX-licensed translator K272FY at 102.3 FM. Luck is the operations manager and sports director of KETX. Once the sale closes Deborah Rand’s Telcom Supply will still own classic hits “92.3 The Eagle” KETX-FM in Houston.
Minnesota – Refuge Media Group files to donate its three full-power FMs in Minnesota and 13 FM translators in Minnesota, South Dakota, and Iowa to fellow religious broadcaster University of Northwestern-St. Paul. The stations including Christian CHR “Refuge Radio” outlets WJRF, Duluth, MN (89.5); KRGM, Marshall, MN (89.9); and KRFG, Nashwauk, MN (102.9). The translators include the Mankato, MN-licensed K206DI at 89.1 FM; the Fairmont, MN-licensed K208FJ at 89.5 FM; the Hutchinson, MN-licensed K215DU at 90.9 FM; the Grand Marias, MN-licensed K220BI at 91.9 FM; the Grand Rapids, MN-licensed K256CW at 99.1 FM; the New Ulm, MN-licensed K270DZ at 101.9 FM; the Pennock, MN-licensed K277CC at 103.3 FM; the Sioux Falls, SD-licensed K288GA at 105.5 FM; the Brandon, SD-licensed K208EX at 89.5 FM; the Watertown, SD-licensed K220IT at 91.9 FM; the Brookings, SD-licensed K288EV at 105.5 FM; the Spirit Lake, IA-licensed K210CG at 89.9 FM; and the Spencer, IA-licensed K220HY at 91.9 FM. Once the deal closes Refuge Media Group will still own two construction permits: KRGO, Alton, IA (91.5) and KRFW, Watertown, SD (91.9).
SALES – TRANSLATORS
Alabama – David Earl Hoxeng’s ADX Communications files a $45,000 deal to buy the Brewton, AL-licensed translator W237BE at 95.3 FM from Divine Word Communications. The translator is used by ADX Communications to simulcast Pensacola, FL market talk/sports WNRP (1620). The station also simulcasts on the Pensacola, FL-licensed translator W222BR at 92.3 FM.
Arizona – Casa Pinon files a $21,326 deal to buy the Show Low, AZ-licensed translator K300CL at 107.9 from Edgewater Broadcasting. Casa Pinon already uses the signal to simulcast adult hits KVSL (1470) which it brands as “Rewind 108.”
Connecticut & Pennsylvania – Cumulus Media closes a deal to swap AC WEBE (107.9) and news/talk WICC (600) in the Bridgeport, CT market to Connoisseur Media. The deal also includes the Bridgeport, CT-licensed translator W297CP at 107.3 FM which simulcasts WICC. Connoisseur already owns AC “Star 99.9” WEZN-FM and classic rock “95.9 The Fox” WFOX in the Bridgeport market. In exchange, Cumulus acquires classic rock “99.9 The Hawk” WODE-FM, alternative “Spin Radio 107.1” WWYY, and the “Fox Sports Radio” simulcast of WEEX (1230) and WTKZ (1320) in and around Allentown-Bethlehem, PA market from Connoisseur. Also included in the deal is the Allentown, PA-licensed translator W234AX at 94.7 FM that simulcasts WODE-FM and a construction permit for the Easton, PA-licensed translator W279DM at 103.7 FM. Cumulus already owns AC WLEV (100.7) and “Cat Country 96.1” WCTO in the Allentown-Bethlehem market. Broker: MVP Capital
Multistate Deal – Educational Media Foundation closes a $1.85 million deal to buy five FMs and four FM translators from Carl Auel’s American Educational Broadcasting. The stations include KVLT (88.5) and KVLW (88.1) in the Killeen-Temple, TX market; WKYJ (88.7) and WKVJ (89.7) in the Burlington-Plattsburgh, VT-NY market; and KLKA, Globe, AZ (88.5). All five stations already air EMF’s contemporary Christian “K-Love” network. The four translators that are also part of the deal include the Killeen, TX-licensed K300BO at 107.9 FM; the Temple, TX-licensed K237EYat 95.3 FM; the Waco, TX-licensed K241BWat 96.1 FM; and the Fallon, NV-licensed K236AP at 95.1 FM. Broker: Rob Branch
Albuquerque, NM –Vanguard Media closes an $850,000 deal to buy CHR “Z-106.3” KDLW from BB Broadcasting. Vanguard Media has operated the station under a time brokerage agreement since June 2017. Both entities are controlled by Don Davis. BB Broadcasting still owns AC “Cindy 101.3” KRKE-FM and smooth AC “The Oasis” KOAZ (1510) in the Albuquerque market. It also owns the Albuquerque-licensed translator K279BP at 103.7 FM which simulcasts KOAZ.
Hawaii – Carla Morris and Sally Dobson’s Resonate Hawaii closes a $550,000 deal to buy “Country 107.7” KKOA, Volcano, HI and classic rock “Lava 105.3” KBGX, Keaau, HI from John Weller’s Mahalo Multimedia. The deal also includes five booster FM signals. Resonate Hawaii already owns AC “The Beach” KTBH-FM/KWYI/KIPA (102.7/106.9/1060) and CHR “The Wave” KHWI/KHBC (92.1/92.7) on the Big Island of Hawaii. Brokers: Susan Patrick and Jason James, Patrick Communications
Colorado Springs – Michael Knar’s SGMK Communications closes a $350,000 deal to buy comedy/classic hits KCBR (1040) from United States CP. The deal includes the Colorado Springs-licensed translator K239CH at 95.7 FM. United States CP earlier sold the Colorado Springs-licensed K253AH at 98.5 FM to Vic Michael’s Mountain Community Translators.
North Carolina – Rev. Thomas Walker’s Trey And Associates closes a $250,000 deal to buy gospel/R&B oldies WCPS, Tarboro, NC (760) from Johnson Media Group. The deal also includes the Tarboro, NC-licensed translator W242DG at 96.3 FM. Jimmy Johnson still owns sports “1230 The Ticket” WCBT, Roanoke Rapids, NC.
Huntsville, AL – Focus Radio Communications closes a $131,500 deal to buy “Oldies 1490” WIEZ from MK Radio. The deal also includes the Decatur, AL-licensed translator W288EB at 105.5 FM.
Tyler-Longview, TX – Paul Coates and Mike Huckabee close 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.
North Carolina – James and Maxzine Utley’s CLI Radio files a $127,500 deal to buy religious WWIL, Wilmington, NC (1490) from Carolina Christian Radio. The deal also includes the Wilmington, NC-licensed translator W285FQ at 104.9 FM. CLI Radio already owns talk/R&B oldies WLTT (1180) and the Wilmington-licensed translator W296DP at 107.1 FM in the area. Carolina Christian Radio will still own four stations in the region.
Mississippi – Sharon Kent and Susan Benning’s Southern Electronics closes a $124,826 deal to buy country “95.1The Hawg” WONA-FM, Vaiden, MS from Brantley Broadcast Associates. The agreement includes a promissory note for the full purchase price. Southern Electronics already owns country “95.1 The Farm” WLEE-FM in the Tupelo, MS market.
Alabama – The Augustus Foundation files a $42,000 deal to buy the currently-silent WHSL, Lisman, AL (107.7) from Stephen Mack and Harding Douglas. The Foundation will operate the station under a local marketing agreement until closing.