A town of 5,200 residents in the Cache Valley of Idaho is pretty well known for many film buffs. If you’ve seen the 2004 release Napoleon Dynamite, you’ve seen a lot of Preston, Idaho.
Today, this municipality some 90 miles north of Salt Lake City is home to a 1kw Class C AM with an FM translator that provides Preston with Adult Contemporary programming and very local news and sports shows.
A local broadcaster has just acquired the facilities.
Being sold by Alan J. White to Preston Broadcasting LLC is KACH-AM 1340 in Preston and FM translator K291CV at 105.5 MHz (the Asset Purchase Agreement lists this facility at 106.1 MHz, also there is no indication it is operating on this frequency).
The APA’s June 18 filing follows the signing on May 17 of a letter of intent by Preston Broadcasting to purchase the facilities.
The purchase price is $235,000, with a $15,000 escrow deposit being held by the broker in this transaction, Rockwell Media Services LLC.
The buyer is led by locally based Val Cook.
Assumed services include KACH’s Westwood One AC format, AP news service on a month-to-month agreement, and ABC Information Network news.