The home for North Central Kansas news and information is about to change hands, thanks to a deal that puts an AM/FM combo and an FM translator in the hands of White Communications.
It’s our lead deal in RBR+TVBR‘s TRANSACTIONS TODAY for June 28, 2017, which also sees the sale of a onetime Radio Disney O&O in Seattle in a deal brokered by Kalil & Co.
White is the licensee of KRSL-AM & FM in Russell, Kansas, and for $600,000, it’s acquiring Class D KNCK-AM 1390, Class C1 KNCK-FM 94.9 and FM translator K252EY — all in Concordia, Kan.
Concordia is to the northeast of Russell and due north of Salina. The stations cover the U.S. 81 corridor from I-70 north to the Hebron, Neb., area.
The purchase agreement includes “that certain 2015 Chevrolet Malibu” in addition to the standard radio station assets seen in a typical transaction.
AKAL ACQUIRES A SEATTLE AM
Charlie Banta and Sandra Miller are saying goodbye to a Class B serving the Seattle-Tacoma market, thanks to a $500,000 transaction with Akal Broadcasting Corp.
This deal gives Akal ownership of KKDZ-AM 1250, operating under a Construction Permit with 5kw daytime from 1 tower and 3,600 watts at night from 3 towers.
The station has been targeting the Southeast Asian community as “Desi 1250” since Sept. 2015, when it dropped its Radio Disney programming after The Walt Disney Co. opted to sell all of its stations except in Los Angeles.
The buyer is making a $25,000 escrow deposit to Kalil & Co., which served as the broker in this transaction representing the seller, Universal Media Access KKDZ-AM LLC.
Programming is expected to continue to serve the growing population of Indians and Pakistanis in the Seattle-Tacoma market.
In other TRANSACTIONS TODAY:
- Adams Radio of Northern Indiana is selling Class D WAKE-AM 1500 in Valparaiso, Ind., to Marion R. Williams for $26,000. Williams’ legal counsel in this transaction is Allan G. Moskowitz of North Potomac, Md. Adams’ legal counsel is Robert York of Minneapolis-based Kaplan Strangis and Kaplan.