SALES – STATIONS
Houston – James Yu’s Trade Route Media files a $2.3 million deal to buy Chinese-language KULF (1090) from Radio Free Texas Trust. The deal includes the Bellville, TX-licensed translator K273CD at 102.5 FM which gives the 1,000-watt daytime-only AM a 24-hour signal. Trade Route Media has operated the station since Jan. 2015. Once the sale closes Radio Free Texas Trust will still own variety KQQB (1520) in the San Antonio market.
Texas – Monte Spearman and Gentry Todd Spearman’s High Plains Radio Network files a $100,000 deal to buy the country/oldies simulcast of KVWC-FM (103.1) KVWC (1490) in Vernon, TX from Mike Klappenbach. High Plains Radio Network already owns classic country “95.7 The Coyote” KYBE and adult standards KTAT (1570) in the area.
Texas – Positive Radio Network 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.
Kansas – The pending deal that would have seen Martin Mutti buy out his partner Bill Docking’s majority stake in Cowley County Broadcasting has taken a new direction after the Mutti died suddenly Aug. 25 at the age of 53. Shane Farley has filed to buy a 100% stake in the company in a deal worth $75,000 from Docking and Mutti’s wife, Etta Mae. Cowley County Broadcasting owns “Country 95.9” KSOK-FM and classic hits KSOK (1280) in Winfield, KS as well as the Arkansas City, KS-licensed translator K277CK at 103.3 which lines up with KSOK’s “Mixx 103.3” branding.
Florida – Ferris Waller files a $30,000 deal to buy the currently-silent WKFL, Bushnell, FL (1170) from TalknSports. WKFL went silent in Nov. 2017 after losing its transmitter site. Waller will operate the 1,000-watt daytime-only station under a time brokerage agreement until closing. He also has a stake in Walco Enterprises which owns “Kickin Country” WHNR (1360) in the Lakeland-Winter Haven, FL market.
Nashville – Bott Broadcasting Company files a $10,000 deal to buy the currently-silent WFMQ (91.5) from Cumberland University of Tennessee. The Class A station has silent since last December when the University decided to discontinue operations of the station. Under the sales agreement Bott agrees to return to return WFMQ to the airwaves by next month or else the license will expire. When it does, it will simulcast the religious Bott Radio Network which already clears in the Nashville market on WECV (89.1), WNRZ (91.5) and WCRT (1160).
SALES – TRANSLATORS
North Carolina – Terry Suggs’ TL Communications files a $1,000 deal to buy the Rocky Mount, NC-licensed translator W289BL at 105.7 FM from Johnson Media Group.
Yakima, WA – The Ingstad family has added a construction permit for an FM translator to a pending $10.725 million deal with Stephens Media Group. It will also include the Yakima, WA-licensed K269HF at 101.7 FM at no additional charge. Stephens Media Group is also buying “New Country 104.1” KXDD, rhythmic CHR “Hot 99.7” KHHK, classic hits KARY-FM (100.9), classic rock “105.7 The Hawk” KRSE, sports “1390 The Fan” KBBO, and Spanish-language sports “ESPN Deportes 980” KTCR in the Yakima market. The cluster also includes the Wapato, WA-licensed K283BX at 104.5 FM which simulcasts KBBO. The two-market deal also includes six stations in the Tri-Cities, WA market. Stephens Media Group is operating both clusters under a local marketing agreement until closing. Broker: MVP Capital
Multistate Deal – SummitMedia closes a $47 million deal to buy 19 stations in four markets from the E.W. Scripps Co. SummitMedia will acquire Scripps clusters in Wichita, KS; Springfield, MO; Omaha, NE; and Knoxville, TN, all new markets for the Birmingham-based broadcaster. Stations involved in the deal include country KFDI-FM (101.3), rock “T-95” KICT-FM (95.1), classic rock “The Fox” KFXJ (104.5), regional Mexican “Radio Lobo 106.5” KYQQ and “Classic Country 1070” KFTI in Wichita; country KTTS-FM (94.7), rhythmic CHR “Power 96.5” KSPW, news/talk KSGF-AM & FM (1260, 104.1) and adult hits “106.7 The River” KRVI in Springfield; rock “Z-92” KEZO-FM (92.3), hot AC “Star 104.5” KSRZ, rhythmic CHR “Channel 94.1” KQCH, classic rock “CD 105.9” KKCD and sports “AM 590 ESPN Radio” KXSP in Omaha; and CHR “Star 102.1” WWST, country “Q 100.3” WCYQ, rhythmic CHR “Hot 104.5” WKHT and “Classic Hits 93.1” WNOX in Knoxville. The Scripps stations will join SummitMedia’s portfolio of 31 radio stations in Alabama, Hawaii, Kentucky, South Carolina and Virginia. Broker: Kalil
Milwaukee – Craig Karmazin’s Good Karma Broadcasting closes a $16 million deal to buy news-talk “Newsradio 620” WTMJ and sports “94.5 ESPN FM WKTI from the E.W. Scripps Company. The deal also includes the Milwaukee-licensed translator W277CV at 103.3 FM which simulcasts WTMJ. Good Karma Broadcasting already owns sports “ESPN 540” WAUK in the market and both WKTI and WAUK will initially carry the same programming. Good Karma also owns three stations in the nearby Madison, WI market. Broker: Kalil
Omaha-Council Bluffs, NE – Steve Seline’s Walnut Radio closes a $1.375 million deal to buy talk “1420 AM The Answer” KOTK and religious “660 The Word” KRCO from Salem Media Group. Walnut Radio already owns “Country 97.3” KBLR-FM and oldies “Boomer 1490” KOMJ in the market. No format changes are expected as KOTK and KCRO since Salem is licensing the use of the brand names “The Word” and “The Answer” to Walnut Radio. The sale will leave Salem with contemporary Christian “100.7 The Fish” KGBI-FM in the Omaha-Council Bluffs market. Broker: Jorgenson Broadcast Brokerage
Columbia, SC – Kirk Litton’s Midlands Media Group adds a second station in the market as it closes $450,000 deal to buy adult hits “Z-93.1 The Lake” WZMJ from Lake Murray Communications. Midlands Media Group already owns country “94.3 The Dude” WWNQ in the Columbia, SC market.
New York – Jim Embrescia’s Media One Group closes a $300,000 deal to buy hot AC “106.9 Kiss FM” WKZA, Olean, NY and sports “95.3 The Lake” WLKW-FM, Celoron, NY from Art Rowbotham’s Hall Communications. The deal will grow Media One Group’s cluster in southwestern New York. It already owns “My Country 101.9” WHUG, AC “SE 93” WWSE, classic rock “The Fox 103.1” WQFX-FM, “Kissin’ Oldies” WKSN (1340) and “Talk Radio 1240” WJTN in Jamestown, NY area. In order to comply with FCC ownership limits Media One Group also closed on a deal to donate WLKW-FM to Educational Media Foundation. EMF doesn’t currently own any stations in the area and it is expected to install its contemporary Christian “K-Love” network on the sports stations. Broker: Michael Bergner
Salisbury-Ocean City, MD – Wray Fitch and Gregory Bojko’s Sebago Broadcasting closes a $237,500 deal to buy “97.9 Bay Country” WBEY-FM from Bay Broadcasting. Sebago Broadcasting currently owns hot AC “101.5 The Mix” WVES-FM, adult hits WCTG (96.5), and country “Wow 101.1” WICO-FM in the area and it operates WICO-FM simulcast “Wow 99.3” WOWZ-FM under a time brokerage agreement with Stephens Marks Stations. Bay Broadcasting will continue to operate “Classic Country 540” WGOP in the Salisbury-Ocean City market.
Texas – Mark Porter’s GlobeCom Media closes a $150,000 deal to buy classic hits “Happy Radio 92.5” KKHA, Markham, TX from Tomlinson-Leis Communications. GlobeCom Media already owns “96 Country” KIOX-FM in the area. Tomlinson-Leis Communications still owns CHR “104.5 The Bay” KBYC in Markham, TX as well as four stations in Palestine, TX. Broker: Bill Whitley, Media Services Group
Pennsylvania – Kristin Cantrell’s Seven Mountains Media closes a $70,500 deal to buy “Sports Radio 1220” WJUN, Mexico, PA from Starview Media. The deal includes the Mexico, PA-licensed translator W298CR at 107.5 FM. The filing shows the sale includes a $45,000 five-year promissory note. Seven Mountains Media already owns four other stations in the area that sits between the Harrisburg and State College markets including “Bigfoot Country” WIBF (92.5), hot AC “Merf Radio” WMRF-FM (95.7), classic hits “Hanna 92.3” WNNA, and oldies/adult standards “Big Lewie 670” WLUI.
California – Ariel and Michael Krestler’s Calvary Chapel of Twin Falls closes a $3,000 deal to buy the currently-silent KJCU, Ft. Bragg, CA (89.9) from Living Proof. While Calvary Chapel of Twin Falls already operates 64 FM translators in California relaying its religious format, KJCU will become its first full-power station in the state. Living Proof has a pending deal to sell its only other radio stations in California and Nevada to Westside Christian Fellowship A.V.