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.
For the sum of $25,000, i3G Radio LLC — an entity formed by siblings Robert J. Ingstad, Todd Ingstad and Tallie Colville — is assuming control of KQKD-AM 1380 in Redfield, S. Dakota.
The station, which has 2 towers and is licensed for 500 watts during daylight hours and 142 watts at night, was previously licensed to KKAA LLC, an entity wholly controlled by Robert J. Ingstad.
The move further consolidates stations held by the siblings, who are continuing on as radio broadcasters following the passing of their parents, who are well-known across the Great Plains for their commitment to local radio ownership.
KQKD joins KQLX-AM & FM in Lisbon, N. Dakota, as station under the i3G Radio LLC banner.
Similarly named i3G Media LLC is the licensee of KBMW-AM & FM in Breckenridge, Minn., and is also equally owned by the three siblings.