STATION SALES

Texas – Cynthia Rankin has filed a $1.4 million deal to buy five stations from Moise Gonzalez and Roberto Hildalgo’s Roca Radio. In Uvalde, TX, Rankin buys KVOU (104.9), KUVA (102.3), KBNU (93.9), and KVOU (104.9). And in Eagle Pass, TX, Rankin buys KINL (92.7) and KEPS (1270). The deal includes a $1.2 million promissory note. In addition to the purchase price, Rankin also agrees to pay $5,000 monthly rent for the stations until the final purchase price is paid in full. All of the stations are currently off the air. Rankin does not own any other stations.

Odessa-Midland, TX – Manuel Herrera’s La Hacienda Entertainment has filed a $250,000 deal to buy regional Mexican “La Invasora 94.7” KTXO from Bruce Campbell’s The Campbell Craft Company. The deal is a quick sale and profit for Campbell who closed a $25,000 deal to buy the station in January.

State College, PA – Jim Loftus’ Covenant Communications has filed to swap WGJC, University Park, PA (97.1) to Loni Briner’s Salt & Light Media Ministries in exchange for the State College, PA-licensed translator W269BZ at 102.3 FM. Under the terms of the deal, Salt & Light will pay $50,000 in cash at closing to Covenant, as well as an additional $250,000 under a ten-year promissory note. Salt & Light Media Ministries owns four full-power stations in central Pennsylvania and several FM translators. The swap will leave Covenant Communications with WGJC (97.1) and WBHV (94.5) in the State College area. But it will pick a third. Covenant has a pending deal to swap talk WRSC, Bellefonte, PA (95.3) to Lightner Communications in exchange for classic country “Big Foot Country Legends” WPHB, Philipsburg, PA (1260) and the State College, PA-licensed translator W282CV at 104.3 FM. Lightner has also agreed to pay an additional $100,000 in cash via a 100-month promissory note in order to pick up the new FM.

North Carolina –Todd Fowler’s Skyline Media has filed $200,000 deal to buy gospel WWQT, Tryon, NC (1160) from Mark McClure’s The Power Foundation. The deal also includes the Hendersonville, NC-licensed translator W252EJ at 98.3 FM. The filing says the sale will be made with a $190,000 promissory note to be paid over eight years. Skyline Media already owns oldies WCAB (590) and country WBRM (1250) in the area.

Shreveport, LA -- Louisiana State University and A&M College has filed to acquire adult alternative KSCL (91.3) from the Centenary College of Louisiana. No cash will change hands, but as part of the deal LSU agrees to air three underwriting messages per day for five years for Centenary College over LSU’s Red River Radio network. LSU also agrees to include in its top-of-the-hour ID the phrase that KSCL was “founded by Centenary College.” And for a period of ten years after closing, Centenary College students will have the opportunity to work at KSCL under the guidance of LSU’s Red River Radio staff. Louisiana State University already owns eight stations in the state, including KDAQ (89.9) in Shreveport.

New Mexico – New Mexico Junior College has filed to donate the currently-silent KNMJ, Eunice, NM (100.9) to Eastern New Mexico University. While the transfer is a donation, New Mexico Junior College will also give $15,000 cash to Eastern New Mexico University. KNMJ has been off the air since July 1, 2022 and it must return to the air by July 1, 2203 in order to ensure the FCC license does not expire. Eastern New Mexico University already owns “NPR News New Mexico” KENW, Portales, NM (89.5) and several other stations around the state.

TRANSLATOR SALES

Montana – Anderson Radio Broadcasting has filed a $2,001 deal to buy two FM translators from Radio By Grace. They include the Evergreen, MT-licensed K250BP at 97.9 FM and the Evergreen, MT-licensed K205FH at 88.9 FM. Anderson Radio Broadcasting plans to simulcast AC “Magic” KQDE, Evergreen, MT (1340) on the signals.

CLOSINGS

Los Angeles – The Universal Church has closed an $8 million deal to buy Spanish Christian “Vision Latina 96.7” KWIZ from Estrella Media. In January, the Universal Church flipped the station from its “La Ranchera” format to Spanish Christian programming. Estrella Media still owns regional Mexican “Que Buena” KBUA/KBUE/KEBN (94.3/105.5/94.3) and ethnic “Little Saigon Radio AM 1480” KVNR in the Los Angeles market and the “Que Buena” simulcast KRQB (96.1) in the adjacent Riverside-San Bernardino market.

Sacramento – Alfredo Plascencia’s Lazer Broadcasting has closed a $1.91 million deal to buy regional Mexican “Radio Lazer” KCCL (101.5) from Jack Fritz’s Results Radio. Lazer already owns radio stations in 18 markets in California and one in Nevada. Lazer exclusively owns and operates Spanish-language stations, most airing a regional Mexican format under the “Radio Lazer” brand. It will become its fourth FM in the Sacramento market, joining Spanish regional Mexican “Radio Lazer” KBAA (103.3), “Radio Lazer” sister KGRB Jackson (94.3), and Spanish CHR “Latino 97.9” KLMG. Broker: Kalil

Kansas – Bill Wachter’s My Town Media has closed a $1,335,257 deal to buy the KIBB (97.1) and KVWF (100.5) in the Wichita market as well as KKLE, Winfield, KS (1550); KWME, Wellington, KS (92.7); KLEY, Wellington, KS (1130); KSMM, Liberal, KS (1470); KMMM, Pratt, KS (1290); and the Wellington, KS-licensed translator K262CQ at 100.3 FM. The stations are being sold by Rocking M Media as part of its bankruptcy reorganization. My Town Media owns a dozen stations in Kansas, and the acquisition will allow Watcher to add to a map that already includes cities like Independence, KS and Pittsburg, KS. Broker: Greg Guy, Patrick Communications

Michigan – Educational Media Foundation has closed a $285,000 deal to buy classic rock “Buzz 102.5” WBZV, Hudson, MI from William Sours’ Madsun Investments. EMF currently does not own any other stations in the area. Sours bought WBZV in 2020 for $230,000 and did an extensive rebuild of the station. His Madsun Investments does not own any other stations. Broker: Jon Yinger, Broadcast Properties

Texas – Ben Downs’ Bryan Broadcasting has closed a $265,000 deal to buy KJCS, Nacogdoches, TX (103.3) from Tricom Broadcasting. Bryan Broadcasting already owns seven stations in the nearly Tyler-Longview market including CHR “Candy 95.1” KNDE, country “Maverick 100.9” KVMK, contemporary Christian “Peace 107.7” KPWJ, classic country “Willy 1550” KWBC, gospel KAGC (1510), sports “The Zone `1150” KZNE, talk “News Talk 1620” WTAW. Broker: Bill Whitley, Media Services Group

Kentucky – Two Kentucky religious broadcasters are merging into one. Darrell and Dianne Gibson have closed a deal to fold their Heartland Ministries into George Fleming’s Pennyrile Christian Community. Heartland will fold in gospel WVHM (90.5); contemporary Christian “Elevate 89.7” WAAJ, and religious “Thrive FM” WTRT (88.1) in Benton, KY into Pennyrile Christian Community. It is also contributing one FM translator: the Madisonville, KY-licensed W206BB at 89.1 FM which simulcasts WVHM. Under the terms of the deal, Pennyrile will pay off a $200,000 promissory note for Heartland Ministries – the current outstanding balance is $162,409. It will also pay Darrell Gibson $119,000 that he is owed in outstanding consulting fees. Pennyrile currently owns contemporary Christian WNKJ, Hopkinsville, KY (89.3) and contemporary Christian WNLJ, Madisonville, KY (91.7).