Los Angeles – Tavis Smiley has filed a $7.15 million deal to buy ethnic KBLA Los Angeles (1580) from Multicultural Radio Broadcasting. Smiley, a veteran radio and television talk show host, plans to launch a progressive talk format on the 50,000-watt station. The station shares tower space with Multicultural’s KYPA (1230) and according to the filing he will pay the seller $10,000 per month to not only remain on the tower but to also rent studio and office space. The deal also includes an eight-year non-compete agreement in which Multicultural pledges it will not help any other broadcaster with an urban format in the Los Angeles market. Once the sale closes, Multicultural Radio Broadcasting will still own adult standards/ethnic KALI-FM (106.3), ethnic KMRB (1430), ethnic “Radio Chinese” KAZN/KAHZ (1300/1600), KAHZ, and ethnic KALI (900) in the Los Angeles market. Broker: Greg Guy, Patrick Communications.
Austin, TX – Educational Media Foundation has closed a $6 million deal to buy contemporary Christian “K-Love” affiliate KFMK (105.9) from Crista Media. EMF already owns contemporary Christian “K-Love” stations KLLR (91.9), KVLR (92.5) and KYLR (92.1). EMF also airs its “Air 1” format on the Dell Valle, TX-licensed translator K225CA at 92.9, fed by the HD2 channel of KVLR. Seattle-based Crista Ministries is exiting the Austin market to focus exclusively on its radio presence in the Pacific Northwest.
Michigan – Julie Koehn has closed a deal to buy country “Q-95” WQTE and “News Talk 1490” WABJ in Adrian, MI from Bud Walter’s Cromwell Group. Koehn will pay one dollar for the two stations and assume debt totaling up to $600,000. She already owns AC WLEN (103.9) in Adrian, MI.
Knoxville, TN –Loud Media has closed a $325,000 deal to buy rock WVLZ (106.1) and WTNQ (104.9) – which is currently stunting as “Santa 104.9” – from Donna Alpert’s Momentum Broadcasting. Loud Media already owns classic hip-hop “Jump” WJMP (1120) and oldies WKCE (1180) in the Knoxville market, each of which have FM translators. Loud Media also operates stations in New York, Tennessee, and Colorado. It is the result of the recent merger of Aaron and Jessica Ishmael’s A&J Radio and Ricki Lee’s Border Media. Broker: Eddie Esserman, Media Services Group
San Diego – Stephen Beuerle and Raul Caro’s IHS Media has closed a $125,000 deal to buy the currently-silent KFSD (1450) from Astor Broadcast Group. IHS Media doesn’t own any other stations. Caro is the founder of the religious low-power FM “St. John Paul II Catholic Radio” KCJP-LP, El Centro, CA (95.7). And Beuerle is a San Diego attorney. Broker: Andrew McClure, The Exline Company.
Michigan – Smile FM has closed a $1,500 deal to buy variety WSJH, Hubbardston, MI (103.7) from Hubbardston Community Radio. The station has begun to carrying Smile FM’s contemporary Christian format.
Oklahoma – Blessed Sacrament Catholic Church of Lawton has closed on its deal to donate religious KOEG, Walters, OK (88.3) to Oklahoma Catholic Broadcasting. OCB already owns religious KMAC, Antlers, OK (90.3) and religious KEUC, Ringwood, OK (104.9).
Portland, OR – Linfield College has closed on its donation of adult alternative KSLC (90.3) to All Classical Public Media, the owner of cross-town classical KQAC (89.9). While no cash will change handers, All Classical will provide Linfield College with promotional announcements during the next five years including three times per day promos that will air five days a week. The overall value of the airtime will not exceed $10,000 per year according to the contract. All Classical Public Media also owns three other stations in Oregon.