Latest update on CC Radio spins
Along with its quarterly financial results, CC Media Holdings, the new parent company of Clear Channel Communications, provided this update on its station divestiture...
Market conditions slow Univision asset sales
Univision is still working to sell off some non-core assets and pay down debt. However, CFO Andrew Hobson told analysts that the credit crunch...
Transactions: 8-11-08
$75K WNKX-AM Centerville TN from Hickman County Broadcasting Company Inc. (Steve Turner) to Grace Broadcasting Services Inc. (Charles Ennis, Lacy Ennis, Phillip Chambers et...
Columbus cluster in spin mode
Archway Broadcasting Group is selling a one-AM, three FM cluster in Columbus GA to PMB Broadcasting LLC, headed by H. Lynn Page, James R....
Transactions: 8-08-09
N/A WJKQ-FM/WJCQ-FM CP Jackson MI, WAQQ-FM Onsted MI & WQLO-FM CP Lake Odessa MI from Great Lakes Community Broadcasting Inc. (James McCluskey) to Society...
More Vegas ‘FUN for Baca & Baca
Joseph and Loretta Baca, and their Baca Broadcasting, are getting an FM to pair with their KFUN-AM, creating an old-fashioned AM-FM combo in Las...
Transactions: 8-7-08
$1M KOBC-FM Joplin MO from Ozark Christian College (Douglas D. Miller) to Educational Media Foundation (Richard Jenkins, Mike Novak). $50K escrow, $300K cash at...
DIY six-pack sold
South Texas FM Investments is getting six FM CPS from James Falcon in a $648,108 cash transaction. The stations aren’t necessarily in the southern...
From one Christian voice to another
To better explain, a leading Christian voice (lower case) is Salem Communications. It’s selling WRFD-AM Columbus OH to Christian Voice (upper case) of Central...
Transactions: 8-06-08
$4.5M KBZR-FM Lincoln NE (Papillion NE) from Chapin Enterprises LLC (Richard W. Chapin) to VSS Catholic Communications Inc. (Tom Pogge et al). $225K escrow,...
Transactions: 8-05-08
$600K KNYE-FM Las Vegas NV (Pahrump NV). 100% of Pahrump Radio Inc. from Arthur W. Bell to Karen T. Jackson. Cash. $480K KMAV AM-FM...
Clear Channel spells out spins
Now that Clear Channel Communications has closed its deal to be acquired by CC Media Holdings, the company has designated which stations it intends...
Crosstown move for Resnick
The sale of WXCO-AM in Wausau WI will result in a major employment change for Steven Resnick. He’ll be going from GM at a...
Transactions: 8-04-06
$1.44M KIST-AM Santa Barbara CA from R&R Radio LLC (Saul L.Rosenzweig) to California Lutheran University (Robert A. Allison et al). $300K escrow, balance in...
Cox closes up Athens acquisition
WNGC-FM, WGMG-FM, WPUP-FM, WGAU-AM, WRFC-AM and WXKT-FM, all in the Athens GA market, are now official members of the Cox Radio portfolio. “I am...