In the community of North English, Iowa, to the southwest of Iowa City, is a Class A that’s recently fallen on hard times.
The station, KMYQ-FM 97.1, went silent on Sept. 27, 2016, as a result of what owner Justin McLuckie perceived to be the “economic infeasibility” relating to the continued operation of KMYQ.
Now, Mr. McLuckie is selling the station. But, there’s some conditions the buyer needs to address.
Mainly, KMYQ needed an extension of an expired Silent STA granted by the Commission on Oct. 21, 2016, and resumption of the station’s broadcasts were needed by Sept. 28, 2017.
It appears that has transpired, allowing KMYQ to be transferred to KMYQ Media. Terms call for the buyer to secure the legal services needed to win an extension of the Silent STA, and will make a $2,500 payment.
KMYQ Media is headed by Rick Watts, who joined JOMAST Corporation-owned KMZN-AM & KBOE-FM in Oskaloosa, Iowa as GM in August 2016.
In other TRANSACTIONS TODAY:
- As reported Oct. 4, Class A WKHL-FM 106.7, licensed to West Lafayette, Ind., is being sold to local entity Woof Boom Radio by Educational Media Foundation. A Form 314 filing with the FCC now reveals that EMF is pocketing $608,000 from the sale of WKHL. There is a $500,000 payment due at closing, minus a $30,400 escrow deposit payable to John C. Trent Esq. of Putbrese Hunsacker & Trent P.C. The remainder will be paid via a Promissory Note. Serving as the exclusive broker in this transaction is CBSL & Broadcast Properties.
- For a Benjamin — yes, just $100 — non-profit Centro Familiar Cristiano is selling FM translator K258BJ at 99.5 MHz in Everett, Wash., to Gerson Infante-Reina. The facility is presently dark but holds a CP for 90 watts from a tower adjacent to the Boeing plant, south of downtown Everett.
- Low-power TV station WSJZ-33 in Ocean View, N.J., is being sold by Engle Broadcasting to WBOC Inc., owner of WBOC-16 and FOX affiliate WBOC-DT2 “FOX 21” in the Salisbury-Ocean City, Md., market. WSJZ serves the Delmarva Peninsula across from New Jersey’s southernmost tip. The purchase price is $125,000.