Radio and Television Transactions

The former flagship radio stations of the now-defunct Journal Communications, which ended up in the hands of The E.W. Scripps Co. following its April 2015 merger, are being sold by Scripps to a local owner with a familiar last name to radio industry executives and observers. Kalil & Co. is the broker, and is shopping around Scripps' other available properties.

In early April, a Minnesota-based nonprofit corporation tied to a private evangelical Christian college agreed to acquire an AM-FM combo in a small Iowa town northeast of Council Bluffs. Now, the school has decided to sell the stations, and it's our top topic of discussion in TRANSACTIONS TODAY for Sept. 5, 2018. Also today: A Northern Illinois FM sale is complete.

To the north and northwest of the Pennsylvania state capital of Harrisburg are the towns of Middleburg and Elliotsburg, respectively. Here, two low-power TV stations are being sold. It's the lone deal we have to talk about in yet another quiet day for TRANSACTIONS TODAY.

A broadcast industry figure also known as the founder of now-defunct West Coast electronics retailer Good Guys has elected to sell an FM translator in the Quad Cities of Illinois and Iowa. The buyer is a "selective, private liberal arts and sciences college," founded in 1860 by Swedish settlers. 

How essential can a 9-watt FM translator be to a radio broadcasting company? Sometimes, it can prove to be an important component to an operator seeking to capture as many listeners as possible, no matter how afar the community may be. For the longtime home of Classical music in the Land of Enchantment, that proved to be the case.

A pair of Arkansas AMs and two accompanying FM translators are being sold from the estate of a Milwaukee, Wisc., based individual to an Arizona-based LLC. Here are the details.

"Award-winning, listener supported The Light FM was founded by Billy and Ruth Graham in 1962." Now, the non-commercial Worship Music-focused operation is adding an AM with an FM translator in the Greensboro market.

Sandwiched between the Iowa city of Waterloo and the Minnesota city of Rochester is a small town that's home to an AM with a translator offering "Good Time Oldies," and an FM "for people who love music." Those stations are heading to new owners.

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.

Since 1997, Jamie McKibbin has been an ubiquitous presence at a group of Michigan radio stations to the west of Ann Arbor. Now, McKibbin, who has been GM of the stations and hosts a popular weekly outdoors show, is becoming the stations' owner. We now know how much he's paying for them.

Vic Michael's Kona Coast Radio has decided to part ways with a Salt Lake City-market AM and its unbuilt FM translator, which will eventually be licensed to the city of Bluffdale, Utah. Who's the buyer of this 1kw Class C with 1 tower?

A low-power TV station serving a picturesque region of Northern Arizona that includes Sedona and Jerome is being sold. It's the lone deal on a quiet Wednesday for transactions as one big group of brokers holds meetings at NATPE Miami with potential buyers and sellers.

In December 1946, a 5kw AM serving the San Jose, Calif., area signed on the air. Today, it uses 4 towers at night and 1 during the day to serve the San Francisco Bay Area's southern half. Now, it is poised to no longer be the sibling of Country KRTY-FM.

Take a drive along U.S. 74 in North Carolina, and you may just spot a two-tower array while stopping at Pelican's SnoBalls for some "original New Orleans shaved ice." The towers are tied to a Class B AM serving Gaston County since the 1950s. Now, this non-secular operation is trading hands.

On January 31, RBR+TVBR first reported on a lease-to-buy arrangement that eventually hands ownership of a Class C3 Classic Rocker serving the Duluth, Minn.-Superior, Wisc. market to one of the biggest local media companies in the U.S. On Tuesday, the wheels were put in motion to sell this station to Townsquare Media.