FCC Transactions

$2,400,000 WCLE-AM & FM Cleveland-Calhoun TN from East Tennessee Radio Group II LP (Paul Fink) to Williams Communications Inc. (Walton Williams Jr., Melinda Williams). $120K escrow, balance in cash at closing. LMA since 6/21.

$771,500 WKZB-FM Meridian MS (Butler AL) from Butler Broadcasting Corp. (Darryl Jackson) to East Mississippi Broadcasters Inc. (Clay Holladay), part of the New South Communications group. $35K escrow, balance in cash at closing. Superduopoly with WALT-AM, WOKK-FM, WMMZ-FM, WMLV-FM & WJXM-FM. LMA since 6/1.

$600,000 for 50.1% KJCK-AM & FM Junction City KS and KQLA-FM Ogden KS. 50.1% stock sale of Platinum Broadcasting Co. Inc. by Robert K. Weary Estate, Dale J. Weary, Executor, to the corporation. Remaining shareholders are Harold Johnson, Nedrick Price, Robert Struebling, Russell Johnson, Sondra Campbell and Steven Struebling. Stock redemption for cash. Broker: Media Services Group (which valued the properties and sought alternative buyers)

$255,000 WLLY-AM Wilson NC from WLLY Partnership (James Lamm) to Estuardo Valdemar Rodriguez and Leonor Rodriguez, Joint Tenants. $12.75K escrow, balance in cash at closing.

$100,000 KBVS-FM CP (90.1 mHz) Billings MT from American Family Association (Donald Wildmon, Chairman) to Hi-Line Radio Fellowship Inc. (Dean Hodges, Chairman). $100K cash.

$55,000 WBLC-AM Knoxville TN (Lenoir TN) from Horne Radio LLC (Nick Drewry) to Three Angels Broadcasting network Inc. (Danny Shelton, Pres.). $55K cash.

$35,000 KVDW-AM England, AR from Cenark Radio Inc. (Larry Morton) to Wells Broadcasting Inc. (Vernon & Thomas Wells). $5K escrow, additional $5K payment due 7/24, $25K note.

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