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Transactions

$12.495M WMFD-FM/WRQR-FM & WAZO-FM Wilmington NC (Wilmington, Oak Island NC) from Ocean Broadcasting II LLC (Macon B. Moye) to NM Licensing LLC, a subsidiary of NextMedia Group Inc. (Carl Hirsch, Steven Dinetz, Samuel Weller, Sean Stover et al). $625K escrow, balance in cash at closing. Superduopoly with WSFM-FM Southport NC & WKXB-FM Burgaw NC, coming in separate transaction from same seller. LMA 7/1/04. [File date 7/23/04.]

$12.250M WSFM-FM & WKXB-FM Wilmington NC (Southport, Burgaw) from Sea-Comm Inc. (N. Eric Jorgenson) to Ocean Broadcasting II LLC (Macon B. Moye). $11.25M cash ($562,500 escrow), plus WUIN-FM, valued at $1M (7/12/04 RBR Daily Epaper #134). [File date 7/22/04.]

$12.005M WSFM-FM & WKXB-FM Wilmington NC (Southport, Burgaw) from Ocean Broadcasting II LLC (Macon B. Moye) to NM Licensing LLC, a subsidiary of NextMedia Group Inc. (Carl Hirsch, Steven Dinetz, Samuel Weller, Sean Stover et al). Three-way transaction sends $11.25M cash ($562,500 escrow), plus WUIN-FM, valued at $1M, to Sea-Comm Inc. (N. Eric Jorgenson) (7/12/04 RBR Daily Epaper #134). In this part, $755K cash goes to Ocean. Superduopoly with WMFD-FM Wilmington NC, WRQR-FM Wilmington NC & WAZO-FM Oak Island NC, coming in separate transaction from same seller. [File date 7/22/04.]




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