SALES – STATIONS
Brunswick, GA – iHeartMedia is wasting no time in reclaiming one of two FMs it was required to put into a divestiture trust earlier this year as part of its chapter 11 reorganization. Earlier this month the FCC approved a city of license change for urban AC “V-101.5” WSOL-FM from Brunswick, GA to Yulee, FL. That took it out of the Brunswick market into what’s technically considered the Jacksonville, FL market. The move allowed iHeartMedia to file to reclaim “107.7 The Fox” WHFX from the Sun and Snow Station Trust and still comply with the five station ownership cap in Brunswick, market No. 261. If the FCC approves, WHFX will rejoin an iHeart cluster that also includes country WYNR (102.5), CHR “103-Q” WQGA, news-talk “Real Radio 1440” WGIG, gospel “Hallelujah 96.3” WBGA (1490). One station is still in the Sun and Snow Station Trust is “Cat Country 100.3 FM” KSNR Grand Forks, ND-MN.
Indiana – Scott Huber and Johnny McCrory’s 3 Towers Broadcasting files a $533,000 deal to buy classic hits WROI, Rochester, IN (92.1) from Blair Communications. 3 Towers will operate WROI under a $9,000 per month local marketing agreement until closing. It already owns CHR “Giant FM” WSVX (1520) and two FM translators in the Indianapolis market.
Texas – Michelle and James Watterson’s Lazy Bottom Holdings files a $500,000 deal to buy country “Texas 99.1” KNES, Fairfield, TX from Julia and Jerry Moon’s J&J Communications. The Class C3 FM covers an area to the east of the Waco market.
Redding, CA – Jefferson Public Radio files a $263,000 deal to buy the currently-silent KWCA (101.1) from Flinn Broadcasting. Jefferson Public Radio is Southern Oregon University’s network of noncommercial FM stations and translators covering southern Oregon and northern California. It already owns adult alternative/news-talk KNCA (89.7) and the Central Valley, CA-licensed translator K245CS at 96.9 FM in the Redding, CA market and it operates news-talk KJPR (1330) under a local marketing agreement with the University of Oregon. Broker: Eddie Esserman, Media Services Group
Texas – Brenda Diaz files a $150,000 deal to buy “Whistle Country 106.3” KERB-FM, Kermit, TX from Paulino Bernal. The Class C3 signal covers an area to the west of the Midland-Odessa, TX market. Diaz doesn’t own any other radio stations.
Hawaii – Hawaii Public Radio files an $110,000 deal to buy KFNZ, Kualapuu, HI (103.1) from Sebago Broadcasting. KFNZ is a construction permit for a Class C2 FM on the island of Molokai. Hawaii Public Radio’s news-talk “HPR 1” KKUA, Wailuku (90.7) and classical “HPR 2” KIPM (89.7) already cover parts of the Kualapuu area.
Baton Rouge, LA – Ana and Freddy Cruz file a $25,000 deal to buy “CBS Sports AM 910” WUBR from Communications Capital Co. II of Louisiana. The buyer doesn’t own any other stations but they operate the online station that calls itself “Power 102.1 FM.” Once the sale closes Communications Capital will still own three stations in the Monroe, LA market.
SALES – TRANSLATORS
Florida –JVC Media strikes a $5,000 deal to buy the Dunnellon, FL-licensed translator W209BW at 89.7 FM from Radio Training Network. JVC Media is expected to move the signal into the nearby Gainesville-Ocala, FL market where it owns three stations: country “US 102.3” WXUS, CHR “Q-92” WMFQ and its simulcast WYGC (104.9).
Los Angeles – Meruelo Media has closed a $43 million deal to buy rock KLOS (95.5) from Cumulus Media. No format change is planned for the legendary rock station. Cumulus still owns talk KABC (790) in the Los Angeles market. The purchase gives Meruelo another signal in L.A. where it already owns rhythmic CHR “Power 106” KPWR and classic hip-hop simulcast of KDAY (93.5)—as well as the KDAY simulcast partner KDEY-FM (93.5) in the adjacent Riverside-San Bernardino market. It has also just closed another deal adding a fourth station in the L.A. market—
Los Angeles – Meruelo Media has closed a $35 million deal to buy regional Mexican “Radio Centro 93.9” KXOS from 93.9 Holdings, the U.S.-based subsidiary of the Mexican radio giant Grupo Radio Centro. Meruelo quickly flipped the station to “Cali 93.9 Reggaton y Mas” with the new call letters KLLI. It joins Meruelo Media’s cluster that already includes rhythmic CHR “Power 106” KPWR and the classic hip-hop simulcast of L.A.’s KDAY (93.5) in L.A. and KDEY-FM (93.5) in the adjacent Riverside-San Bernardino market and now rock KLOS (95.5) as well.
Ft. Wayne, IN – Brain Walsh closes a $200,000 deal to buy oldies WLYV (1450) from Ron Stone’s Adams Radio Group. The deal also includes the Ft. Wayne-licensed translator at 104.3 FM. Walsh already owns “Oldies 101.1” WIOE in the market. Adams Radio Group still owns five stations in Ft. Wayne including country “US 93.3” WBTU, classic rock WXKE (96.3), CHR “Hot 107.9” WJFX, AC “103.9 Sunny FM” WWFW, and “Fox Sports 1250” WGL. Broker: Kalil
Tennessee – Mike Parchman’s Consolidated Media closes a $151,000 deal to buy country “The Bull” WVWB, Clarksville, TN (1400) from Bryan Fowler’s Cumberland Radio Partners. The deal also includes the Clarksville, TN-licensed translator W288DQ at 105.5 FM. The sale calls for Parchman to pay one dollar for the 1,000-watt AM. He’ll also assume what’s left on a promissory note that Cumberland Radio Partners signed with WVBW’s previous owners Hank and Grace Bonecutter, totaling about $151,000. Parchman owns Cumberland Radio Partners with business partner Bryan Fowler.