Midway between Fargo and Sioux Falls, S.D., along Interstate 29, is the Watertown-Milbank area. It’s known for Lake Kampesa, the Redlin Art Center and as one of the “most progressive communities” in South Dakota.
The Watertown area is also home to two AMs, three FMs and three FM translators giving those AMs a bit of “revitalization.”
These properties are trading hands, with a local owner acquiring the stations.
According to an Asset Purchase Agreement filed June 25 with the FCC and agreed upon May 29, Armada Media Corp. is selling the following stations to Prairie Winds Broadcasting:
- Class D KMSD-AM 1510 in Milbank, S.D. and FM translators K252FB and K236CU
- Class D KDIO-AM 1350 in Ortonville, Minn. and FM translator K233DL
- Class C1 KPHR-FM in Watertown, S.D.
- Class C1 KBWS-FM and Class C2 KJKQ-FM in Sisseton, S.D.
Prairie Winds is led by Brian Lundquist, and operates as Hub City Radio.
That’s an Aberdeen, S.D., based operation that operates six local radio brands.
The seller is led by CEO Chris Bernier and is based on Fond du Lac, Wisc.
His company is earning $1.5 million from the sale of the four stations and three translators.
A $100,000 escrow payment has been delivered to Armada.