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.
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.
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 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.
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.
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.
There's a Class A FM serving the southernmost city in the mainland U.S. that, until now, has been dedicated to "reaching the lost, discipling the saved." Now, this station is about to gain a new owner. But, the Christ-centered mission isn't likely to disappear.
On July 29, Salem Media Group agreed to sell a pair of radio stations and an FM translator in Miami and an AM and two FM translators — one of them unbuilt — in Tampa Bay. The buyer is the operator of a religious noncommercial network which just struck a second deal with Salem.
On Wednesday, RBR+TVBR was first to share the news that two radio stations and an FM translator serving an area of Northeastern Pennsylvania and Northern New Jersey are being sold by the Jeff Warshaw-led broadcasting company. Financial details are now known.
Erick Salgado in recent months has tied together a group of AM radio stations and FM translators across the New York Tri-State Region for a Spanish-language evangelical noncommercial network. Now, Salgado's Cantico Nuevo Ministry is heading to the Lone Star State.
Where I-75, I-10, U.S. Highway 41 and U.S. 90 all converge is Lake City, Fla., a small community due west of Jacksonville and north of Gainesville. Here, a silent 5kw FM put into receivership is set to come back to life, under new ownership.
How valuable are a pair of AM radio stations, one with an unbuilt FM translator, serving one of the fastest growing markets in the Southeastern U.S.? Here's the answer, as Immaculate Heart Media is adding to its stable of stations by making a deal along "The First Coast" of Florida.
With stations in cities stretching from Mendocino, Calif., to just south of Olympia, Wash., Bicoastal Media has become one of the biggest radio broadcasting companies serving 12 distinct markets in the Pacific Northwest. It's just grown again, with two properties in the Beaver State.
The owner of radio stations in Norfolk and Austin has agreed to part ways with a quintet of wireless towers located in Virginia. The buyer? An owner of 500 towers backed by Comcast Ventures.
The nation's No. 1 owner of radio stations has just agreed to a swap of FM translators with the No. 2 licensee of radio properties in the U.S. Here's the scoop on a deal, for no cash consideration, between iHeartMedia and the parent of KLOVE and Air1.