Done Deal the Big Easy Way


SoldAll of the i’s have dots and the t’s have crossed in the deal sending KXMG-FM Jean Lafitte LA to Educational Media Group. The station serves the New Orleans market. Broker: Peter Handy, Star Media Group.

It will do an even better job of covering the market once it constructs a CP to upgrade the station.

The seller is Sunburst Media LLC, headed by President James L. Anderson.

The price is $3,200,000 cash.

KXMG-FM is licensed to Jean Lafitte LA. It’s a Class C2 on 107.5 MHz with 15 kW @ 909’. It holds a CP to upgrade to Class C1 with 98 kW @ 981’.