There are signs all around that the station trading market is beginning to loosen up ever so slightly, maybe even more than slightly in fact. And here are two more deals that made it to the finish line. Both are AM stations in rated markets.
In Hartford- New Britain-Middletown CT, WDZK-AM is now in the hands of William A. Blount’s Blount-Masscom Inc. According to brokers Bill Schutz, who represented Blount; and John Pierce, who represented Radio Disney, the price for the 1550 kHz facility was $500K. The station is licensed to Bloomfield CT.
Meanwhile, Tennessee Temple University has closed on its acquisition of WDYN-AM Rossville GA, serving the Chattanooga market. It is a replacement for the school’s WDYN-FM, which it sold earlier to Bible Broadcasting for 2.5M. According to Media Services Group’s Eddie Esserman, who brokered the deal, the price was $175K. The seller was 3 Daughters Media, headed by Gary Burns, and at the time the contract for the station was filed, its calls were WUUS.