Transactions: 2-23-08
$24.5M WTEM-AM/WWRC-AM & WTNT-AM Washington DC (Washington DC, Bethesda MD) from AMFM Radio Licenses LLC, a subsidiary of Clear Channel Broadcasting Inc. (Mark Mays)...
First spins TX AM
KREL-AM is going from First Broadcasting Investment Partners to John L. White in a deal stipulating that the station is being sold “as is,...
Transactions: 7-22-08
$800K WDLR-AM Columbus OH (Delaware OH) from The Fifteen Fifty Corporation (Patricia Casagrande) to ICS Holdings Inc. (Mark S. Litton). $50K down payment, $25K...
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...
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...
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: 7-17-08
$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...