Another Day Full Of STAs … And No New Deals
Aside from the sale of a TV station in Grand Junction, Colo., to a "mogul" in Fresno, there were no new transactions filed Monday at the FCC. As such, TRANSACTIONS TODAY takes you aboard the STA train for updates regarding Townsquare Media stations in Texas and in Idaho, among other news.
STA Parade Continues As Transactions Flow Runs Dry
For the second consecutive day, there are no freshly filed deals at the FCC. As such, TRANSACTIONS TODAY is devoting today's installment to STA applications and the close of a donation of several FM translators from an entity shedding every broadcast holding it has.
Another Quiet Day, Featuring STAs And A Closing
In what is becoming more common than ever, no new transactions appeared in the FCC's CDBS database on Thursday. As such, TRANSACTIONS TODAY is offering details on a STA request involving a Phoenix AM, two Florida facilities, and a LPFM in Massachusetts.
Beasley’s Big Smooch: Detroit Deal Is Done
On June 10, RBR+TVBR reported on the sale of a 20kw Class B FM serving the Motor City and surrounding communities by Urban One. Now, the transaction -- brokered by Michael J. Bergner of Bergner & Co. -- is complete, giving ownership of the station to Beasley.
Back On Air, Thanks To A.I.R.: A Former Empire AM
In May 2018, Joe Reilly's Empire Broadcasting Corp. began the process of reevaluating its three AMs and an FM translator serving New York's Capital District. Now, it is selling a silent AM licensed to Schenectady. The buyer inked an LMA on August 22, already putting it in control.
Surf Savers Snatch Sunshine State LPFM
Sometimes 31 watts of power is enough oomph to cover a community. That's the case with a low-power FM radio station in a Sunshine State beach town, which is gaining a new licensee. It is our lead item of business in Transactions Today, which also includes a couple of STA requests.
No More Hollerin’ For An Oak Ridge AM
Nick and Betty Barnett, owners of The Holler, Inc., thought they had a good idea by purchasing a Class D AM serving communities to the west of Knoxville and northeast of Chattanooga, Tenn. Now, its future is in question, as the Barnetts have agreed to sell the facility.
Short Order: STAs, A Closing, And A LPFM Move
It's very quiet at the Portals this week, as the FCC again has no new deals in its database. As such, TRANSACTIONS TODAY shares details on a quartet of STA requests, a deal closing, and the transfer of a low-power FM radio station in the Twin Cities.
Christian Resurrection; Caribbean ‘GOD Sold
If you're wondering if there has been an abundance of radio station deals in the last several weeks involving religious institutions, you're right. The lone two deals featured in the latest RBR+TVBR Transactions Today involve properties devoted to Christian programming.
New Life Given To Silent Tennessee AM
Travel south of Nashville along U.S. 43 and you'll reach the small town of Mt. Pleasant, Tenn. It is here that a silent AM radio station is heading to a new owner, and it is the lone deal of the day in the Weekend Edition of RBR+TVBR's TRANSACTIONS TODAY.
Punjab Shift Puts A Sacramento-area AM In New Ownership
In May 2018, a pair of AM radio stations serving the Pacific Northwest's largest market with Punjabi programming targeting South Asians were sold for $850,000, leaving properties in Bakersfield, Fresno, and Sacramento. Say goodbye to the station covering the Golden State's capital.
‘Seattle 6’ Secured: Denver TV Outfit Sells Tacoma LPTV
Years ago, you could mistake the news for a Supersonics NBA trade report. Alas, the team is now in Oklahoma City. And, the "Seattle 6" we are talking about has nothing to do with sports. It's actually a low-power TV station, and it is being sold to Denver Digital Television.
Audiotraxx Earns Its First Broadcast Property
Audiotraxx is a 50/50 partnership based in Wilmington, N.C., led by Glasgow Hicks III and Jeffrey Allen Jones. In a deal agreed upon August 1 and filed Thursday with the FCC, it is getting its very first radio station.
Prolonged Chapter 7 Move Yields Another Translator Sale
Unlike a Chapter 11 bankruptcy filing, a Chapter 7 filing usually involves a court-appointed trustee who may sell all of a company's assets and distribute the net proceeds to creditors. That's what is still underway for an operator of FM translators that just spun a mid-Utah facility.
A One-time ‘K-Nine’, Now A Metroplex Boomer, Gets Sold
Fifty years ago, Wichita Falls, Tex., enjoyed a Top 40 radio station known as "K-Nine." Today, it is a Class B AM offering a Spanish-language religious format to listeners across the Dallas-Fort Worth market. The facility is now being sold, FCC documentation shows.