Results is the result of Yuba City KUBA sale

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Jack Fritz’s Results Radio is spending $337.5K to acquire KUBA-AM Yuba City CA. The seller, Scott Robinson’s Nevada County Broadcasters Inc., paid $500K to a licensee headed by Bruce Buzil back in 2004.


Results will put $16,875 into escrow, plunk down an additional $$83,125 at closing, and strike a note for $237.5K to seal the deal. An LMA is in place until closing.

According to a report in the local Appeal-Democrat, Fritz commented, “It was certainly a right price for us.” Discussing plans for the station, he added, “People tune to KUBA primarily because of its local roots. The essence of a healthy radio station is one that serves its local community.”

If the deal was able to close immediately, it would put KUBA into a cluster with two FMs (it can’t close until the FCC has its say). In the end, it will form a combo with one of them – KKCY-FM Colusa CA. The other, KMJE-FM, currently has contour overlap with KUBA, but will soon be executing an FCC-approved more from Gridley CA to Woodland CA which will take it out of KUBA’s range.

Bruce Buzil’s Harlan Communications sold the station to NCBI in a $500K deal filed with the FCC 3/17/04.

RBR-TVBR note: If you read this article, chances are you have more than a casual interest in the buying and selling of media properties. Much of what goes into a deal goes into the contract, and knowing what kinds of things should go into the contract can help you make a better deal. RBR-TVBR has just the book for you: a guide to deal-craft that will pay for itself.

Click to purchase:  “Profitably Buying and Selling Radio Stations,” or 1-800-288-4677, ext. 5022 for $49.95, paperback, $39.95, e-book.


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