SALES – STATIONS
Multistate Deal – Connoisseur Media and iHeartMedia ink a two-market swap that will send two stations in Frederick, MD from iHeart’s Aloha Station Trust to Connoisseur in exchange for six stations in Erie, PA and one in Mina, NY. In Frederick, Connoisseur will acquire country “Free Country 99.9 FM” WFRE and news/talk “Free Talk 930” WFMD from Aloha. In exchange, iHeartMedia gets CHR “Star 104” WRTS (103.7), rock “Rocket 105” WRKT (104.9), adult hits “94.7 Bob-FM” WXBB, country “93.9 The Wolf” WTWF, talk WJET (1400) and “Fox Sports Radio 1330 The Fan” WFNN in the Erie market, along with soft AC “95.9 Lite FM” WLTM in Mina, NY in area between the Erie and Buffalo, NY markets. After divesting WFRE and WFMD, the Aloha Station Trust will still control 10 stations scattered across four markets.
Knoxville, TN – Duke Wright’s Midwest Communications files a $2 million deal to buy alternative rock “94-Z” WNFZ (94.3) from John Pirkle’s Oak Ridge FM. Midwest Communications will operate the standalone FM under a local marketing agreement until closing. It has flipped the station to the adult hits “Jack FM” format. Midwest already owns classic rock WIMZ-FM (103.5), AC “B-97.5” WJXB-FM, and classic country “95.7 Duke-FM” WDKW in the Knoxville market. Broker: Michael Bergner
Washington, DC – Salem Media Group files a $750,000 deal to sell WSPZ (1260) to Immaculate Heart Media. IHM will install its Catholic-targeted Relevant Radio network on the station, its first in the market. WSPZ currently simulcasts religious teaching sister WAVA-FM (105.1). Once the sale closes Salem will still own three stations in the Washington metro including WAVA-FM, religious teaching WAVA (780), and talk “AM 570 The Answer” WWRC. Broker: Jorgenson Broadcast Brokerage
Kentucky –Bryan Fowler files a $300,000 deal to buy country WPAY-FM, Garrison, KY (98.3) from Expression Production Group. Fowler has operated the station under a local marketing agreement since February 2018. Fowler is also involved in several Tennessee stations that traded hands last week.
Puerto Rico – Aurio Matos Barreto files a $260,000 deal to buy tropical “Radio Hit 1250” WJIT, Sabana, PR from Juan Rosario’s JP Broadcast Corp. The sale also includes the Vega Alta, PR-licensed translator W267DD at 101.3 FM. Barreto has struck deals to sell most of his other stations on the market and pending those closings in addition to WJIT he will own romantica WCMA, Bayamon (1600) and the currently-silent WDNO, Quebradillas (960).
North Carolina – Don Curtis files to buy a controlling interest in Foothills Radio Group, owner of three stations in Lenoir, NC. Curtis has already held a 45% stake in the company. In a deal valued at $150,000 he will purchase the 45% stake held by business partner George Bunch. The 10% stake held by a third partner, William McClatchey, is unaffected by the deal. Foothills Radio Group owns country “Kicks 103.3” WKVS, oldies “Just Right Radio” WJRI (1340), and classic hits WKGX (1080) in Lenoir.
Nashville – Lind Carden and Charles Jackson’s Heritage Broadcast Associates files a $40,000 deal to buy classic country WAKM (950) from Franklin Radio Associates. Heritage Broadcast Associates has operated WAKM under a time brokerage agreement since August 2017.
Panama City, FL – A.D. Whitehurst has a new partner in his ownership of “1430 News Talk” WLTG. Clarence Gay has filed to sell his 50% stake to Charles Winstanley in a deal valued at $20,000. In addition, Winstanley agrees to zero-out a promissory note signed by Gay in October to repay his share of the expenses loaned by Winstanely to purchase and construct the Panama City, FL-licensed translator W269DR at 101.7 FM.
SALES – TRANSLATORS
California – Educational Media Foundation files to transfer the Temple City, CA-licensed translator K212FA at 90.3 FM to Razorcake/Gorky Press. The translator currently relays EMF’s contemporary Christian “Air1” affiliate KYLA, Los Angeles (92.7). Razorcake/Gorky Press won’t pay any money for the translator but it will turn in its construction permit for KFFL-LP, Pasadena, CA (92.7). The 100-watt low-power FM is on the same frequency as KYLA and the move will settle a long-running dispute over whether the LPFM will interfere with the full-power FM.
Greenville-Spartanburg, SC – Iglesia Vida y Esperanza de Greenville closes a $480,000 deal to buy Spanish-language religious “Nueva Vida Greenville 1260” WPJF from Iglesia Nueva Vida of High Point. Iglesia Vida doesn’t own any other stations.