Final shoe drops in Jackson action
Backyard Broadcasting’s exit from the Jackson MS market involved the sale of two of its FMs and the spin-off of an AM from one...
Transactions: 7-21-08
$137.5K KWAP-FM CP Pine Haven WY from Davao LLC (Hursell Lee Adkins Jr.) to Keyhole Broadcasting LLC (Kevin Clements, Otice Clements). $10K escrow, balance...
More Jackson action
The wheels continue to spin as a result of Backyard Broadcasting’s exit from the Jackson MS market. In this installment, Pierre Sutton’s Inner City...
Capitol continues NC growth spurt
The recent acquisition of WNCM-FM in the Rocky Mount-Wilson NC market announced by Jim Goodmon’s Capitol Broadcasting represented a small stretch from its Raleigh-Durham...
Transactions: 7-18-08
$500K WGHC-AM Charlotte-Gastonia NC-Rock Hill SC (Clayton GA moving to Mount Holly NC) from Sutton Radiocasting Corporation (Douglas M. Sutton Jr.) to Family First...
Transactions: 7-17-08
$1M KVBE-FM CP Las Vegas (Moapa NV) from Aurora Media LLC (Scott G. Mahalick) to LKCM Radio Nevada LP (Scott G. Mahalick, Steve Campbell,...
Jackson action detailed in part
We have half the story concerning the double-dealing of Backyard Broadcasting in Jackson MS. It’s sale of WRXW-FM Pearl MS to Inner City Broadcsting...
Transactions: 7-16-08
$712.5K WRMN-AM Chicago IL (Elgin IL) from Elgin Broadcasting Company Inc. (K. Richard Jakle) to Fox Valley Broadcasting Company Inc. (K. Richard Jakle, Alexander...
Layers of spinning in North Carolina
James Goodmon’s Capitol Broadcasting Company will be extending its reach beyond its Raleigh-Durham roots with an FM-to-be earmarked for the neighboring Rocky Mount-Wilson NC...
Transactions: 7-15-08
$1.4M KQBT-FM Albuquerque NM (Rio Rancho NM) from Univision Radio License Corporation (Joe Uva) to Team Broadcasting Inc. (Scott Grady, Joe O’Neill, Turner Branch,...
Exhausted Drake double-deals in Jackson
They say three’s a crowd, but sometimes you want a crowd. Since Barry Drake’s Backyard Broadcasting hasn’t been able to get more than two...
Transactions: 7-14-08
$2.8M KFJZ-AM Dallas-Fort Worth TX (Fort Worth TX) from Siga Broadcasting Corporation (Gabriel Arango) to Pacificstar Media Corporation (Charles Kim). $125K escrow, balance in...
Who, how or what not as important as Y in this story
That’s Y as in YMCA, which is selling its St. Louis FM to Missouri River Christian Broadcasating Inc. The station is KYMC-FM, licensed to...
Honolulu AM changes hands
Phill Sohn and his RK Media Group is paying $790K to enter the Honolulu HI radio market with KHRA-AM. The seller is KMC Broadcasting...
Transactions: 7-11-08
$3.65M WRZK-FM Johnson City-Kingsport-Bristol TN-VA (Colonial Heights TN) from Murray Communications (Martha Murray) to Caloosa Television Corporation, a subsidiary of Glenwood Communications Corporation (William...