$2.75M KRPH-FM CP Phoenix AZ (Morristown AZ) from Magnolia Radio Corporation (Rick Deitrick) to Deportes Y Musica Conunicaciones LLC, a subsidiary of Grupo Multimedia LLC (Roberto de Jesus Medina et al). $150K execution payment, $400K upon grant of CP to build in new location, up to $450K for construction of station, $900K cash at closing, balance in cash upon submission of program test authority to FCC. $50K placed in escrow. CP is for Class C2 on 99.5 MHz with 50 kw @ 492’. [FCC file date 4/12/10]
Sign up for free to get: The Daily Intelligence Report delivered to your inbox.
RBR+TVBR delivers complete broadcasting news analysis and our famous observations.