Halyburton buys into Wichita Falls FM duopoly

0

DealDan Halyburton is not lacking for impressive resume material, with a career that includes stops at Susquehanna, Emmis and most recently, CBS’s Texas State Networks. But his new move includes an ownership stake in Falls Media LLC and Vice President stripes.


Falls operates in Wichita Falls TX with Adult Hits KWFB-FM and Top 40 KXXN-FM.

Falls Media President and Co-Founder Dan Balla commented, “Dan Halyburtons’s extensive experience, knowledge, and industry contacts position us to begin making acquisitions in our target markets,” said Balla. “From our first meeting, it was apparent that Dan shares our vision and passion for great radio, and a belief that investing in great people is as important as the properties we acquire.”

Added Halyburton, “I am excited about returning to day-to-day radio operations. Falls Media has had real success in its first market, and I plan to bring my station and digital experience to help grow our stations and position us for expansion.”
The company is on the hunt for capital and acquisition targets in mid- and large-sized markets.

KWFB-FM is a Class C3 licensed to Holliday TX on 100.9 MHz with 18.5 kW @ 299’; KXXN-FM is a Class A licensed to Iowa Park TX on 96.3 MHz with 6 kW @ 328’.

Terms of Halyburton’s investment were not revealed.