The first television station to serve a wide swath of coastal California between Portland, Ore., and San Francisco, jokingly known here as “behind the Redwood Curtain,” is now owned by the company that controls the crosstown CBS affiliate —a facility once owned by iHeartMedia predecessor Clear Channel. The closing of the sale of NBC affiliate KIEM-3, which saw Kalil & Co. serve as the exclusive broker in this transaction, is our top topic of discussion in RBR+TVBR's TRANSACTIONS TODAY for Dec. 4, 2017.
Here's a station that has officially gone from a little Spanish-language "Amor" in 2001 to an embrace of "Air1" and Christian Pop music, effective Friday (12/1). Educational Media Foundation has formally closed on its purchase of a 6kw facility nestled in a fast-growing area between Arizona's two major metropolitan areas. Kalil & Co. served as the exclusive broker in the transaction.
A Class A FM radio station serving the Janesville, Wisc., area, is trading hands. And, the buyer is paying more than $1 million to acquire the Country station. It's our top deal in RBR+TVBR's TRANSACTIONS TODAY for Thursday, Nov. 30, 2017.
"From award-winning restaurants in historic buildings to ethnic enclaves ripe for exploration, there's something for everyone's taste in La Crosse, Wisconsin." That's the opening pitch for the city's travel and excursion website. Kalil & Co. hopes those appealing attributes for this city of 52,100 people on the east bank of the Mississippi River will lure a buyer for four FMs and an AM serving La Crosse.
In the latest update regarding the future of the AM and FM stations in Upstate New York owned by Ted Morgan, a Form 314 filing made today with the FCC lifts the curtain on just who will be the new owners and operators of the only station owned by Morgan that remains on the air. We've got the details.
Here's a deal that fans of 1970s album-oriented rock will appreciate. A pair of FM radio stations based in the city where baseball legend Nolan Ryan graduated high school and began his storied pitching career have just traded hands. One of the stations is WOLD. We've got all of the details in RBR+TVBR's TRANSACTIONS TODAY for Tuesday, Nov. 28, 2017.
An entity that describes itself as “a publicly traded diversified holding company which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns in order to maximize value for all stakeholders” is growing again. This time, it has acquired a pair of low-power TV stations in the Sunshine State, and it is our "Mega"-sized deal in RBR+TVBR's TRANSACTIONS TODAY.
The FCC has dismissed the application of a Hispanic religious entity that sought a license to cover for a new noncommercial radio station serving the Central Coast of California. The move affirms the expiration of a modified Construction Permit associated with this facility -- on March 31, 2013.
A silent 500-watt AM radio station licensed to serve a small town in eastern South Dakota is trading hands. There is no written agreement for the transfer of control of this station. That's because it is moving from one entity involving a member of the Ingstad family to another entity involving three family members. It's our deal o' the day for RBR+TVBR's pre-Turkey Day TRANSACTIONS TODAY.
Two public broadcasting entities in the state of Virginia are combining operations. That's the lead item up for discussion in RBR+TVBR's TRANSACTIONS TODAY for Nov. 20, 2017, which also sees the donation of a former FOX affiliate in an area known for its potatoes.
Terry Crosby and Randy Nonberg have been actively seeking to build a new TV station serving Bay Area consumers. Now, the principals in Poquito Más Communications LLC are one step closer to making that happen on a much grander level. That's because an entity controlled by Nonberg and affiliated with Poquito Más has just captured a "zombie" station that's emerged from the FCC's Incentive Auction. The deal saw Kalil & Co. represent the seller and serve as escrow agent.
An AM/FM combo in Texas is exchanging hands, and the buyer is a Lone Star entity led by Christie Tate.
A Class D AM and a Class A FM nestled along the west bank of the Mississippi River in the Hawkeye State are being sold. In a testament to the local nature of radio broadcasting, the parties are each based in the towns for which these stations serve.
OTA Broadcasting was one of the big winners in the FCC's Incentive Auction, pocketing hundreds of millions of dollars for giving up the spectrum for eight Class A TV stations and two full-power facilities. But, OTA didn't get bids on all of its properties in Auction 1000, and it has now agreed to three separate deals involving a total of 7 Class A TV stations—and one hedge fund that's swooped in to claim them all.
An asset purchase agreement dated Oct. 24, filed with the FCC on Monday (11/13), has confirmed that Vic Canales has relinquished his Class A and Class B shares in JVC Media. In exchange, Canales -- a.k.a. Vic Latino -- is gaining control of a Class B AM serving Palm Beach County, Fla., and its two associated FM translators.