Emmis updates LA LMA/option


$85.5M KXOS-FM Los Angeles from KMVN License LLC, a subsidiary of Emmis Communications Corporation (Jeff Smulyan) to 93.9 License LLC, a subsidiary of Grupo Radio Centro LA LLC (Carlos Aguirre Gomez). Update of earlier LMA/option deal offering discount from previous $110M price if deal is closed before 3/27/13. LMA/option continues and price reverts to $110M after that date. [FCC file date 4/16/12]

$45K KRDH-AM Canton TX from RDH Land & Cattle Company Inc. (Don Harris) to Eberhart Broadcasting LLC (Steve Eberhart). $10K cash, $35K note. Includes non-compete. [FCC file date 4/16/12]