Almost all interested observers have noticed that the station trading market has been loosening up after several years of stagnation. And after deals are announced, the next step is to take them to the finish line. Here are five transactions that have made it to that all-important goal.
* $9.5M: According to Media Venture Partners, the deal sending Fargo-Moorhead stations KQWB (FM), KPFX (FM), KVOX (FM), KPFX (FM), KBMW (AM) and KQWB (AM) from Larry Wilson’s L&L Broadcasting to The Jim Ingstad Broadcasting Group is now official. It was filed at the FCC 5/14/13.
* $6M: WSPY-CD Plano IL, serving the Chicago DMA, is now the property of LocusPoint Networks, headed by Ravi Potharlanka and Bill deKay, reports Patrick Communications. The deal was filed 5/10/13.
* $4.5M: Media Venture Partners reports that Lawrence Amaturo’s Sonoma Media Group has closed on a Santa Rosa sixpack including KSRO (AM), KFGY (FM), KVRV (FM), KHTH (FM), and KMHX (FM). The seller was Maverick Media, headed by Gary Roznek, and the deal was accepted for filing at the FCC 4/11/13.
* $1.15M: The sale of KYZZ-FM, licensed to the Salinas CA in the Monterey-Salinas market, is consummated, according to broker Dick Foreman of Richard A. Foreman Associates. The seller was Buckley Communications; the buyer Mount Wilson FM Broadcasters. It hit the FCC 5/29/13.
* $400K: Patrick Communications notes that the sale of WDFH-FM Ossining NY is a done deal. The noncom went from Hudson Valley Community Radio to New York Public Radio in a 5/2/13 transaction.