Radio Disney Sell-Off Hits Threshold

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Radio-DisneyTwo deals involving three stations have been claimed off the warehouse shelves of Radio Disney, which is selling the stations where its children’s hits format made its home in various large markets.


A dozen of the stations have now found new owners.

And the threshold cleared is $30,000,000.

Since we ran the Disney Scorecard 5/22/15, KKDZ-AM Seattle was claimed by Mercury Capital Partner for $500,000; and KWDZ-AM Salt Lake City and WRDZ-FM Indianapolis went to iHeartMedia ina package deal valued at : $1,950,000.

The total take for the 12 stations with contracts for sale now stands at $30,645,000.

Lots of AM airspace in attractive markets remains on the block.

Here is the blow-by-blow account.

Sold
** SOLD Atlanta – WDWD (AM) 590. Price: $2,750,000. Sold to Salem Media Group. FCC file date 2/25/15. Broker: William B. Schutz (seller)
** SOLD Charlotte – WGFY (AM) 1480 Price: $600,000. Sold to Charlotte Advent Media Corporation. Noncom. FCC file date 1/26/15. Brokers: William B. Schutz (seller), Mark Jorgenson (buyer)
** SOLD Cleveland – WWMK (AM) 1260. Price: $895,000. Sold to St. Peter the Rock Media. Noncom. FCC file date 1/21/15. Brokers: Greg Guy, Patrick Communications (buyer), Bill Schutz, Schutz & Company (seller).
** SOLD Detroit – WFDF (AM) 910. Price: $3,000,000. Sold to Church of the Word. Noncom. FCC file date 11/26/14. Brokers: William B. Schutz (seller), Patrick Communications (buyer)
** SOLD Houston – KMIC (AM) 1590. Price: $3,200,000. Sold to DAIJ Media LLC. FCC file date 11/5/14. Brokers: William B. Schutz (seller); John W. Saunders (buyer)
** SOLD * Indianapolis – WRDZ 98.3 (FM) sold to iHeartMedia with KWDZ-AM Salt Lake City. Price: $1,950,000. FCC file date: 5/29/15. Brokers: William B. Schutz (seller), Media Venture Partners (buyer).
** Miami – WMYM (AM) 990. Price: $2,100,000. Sold to Actualidad Radio Group LLC. FCC file date 2/17/15. Broker: William B. Schutz (seller)
** SOLD New York – WQEW (AM) 1560. Price: $12,950,000. Sold to Family Stations Inc. Noncom. FCC file date 11/21/14. Broker: William B. Schutz (seller)
** SOLD Orlando – WDYZ (AM) 990. Price: $1,300,000. Sold to Salem Media Group. FCC file date 12/15/14. Broker: William B. Schutz (seller)
** SOLD Pittsburgh – WDDZ (AM) 1250. Price: $1,000,000. Sold to Salem Media Group. FCC file date 2/25/15. Broker: William B. Schutz (seller)
** SOLD Salt Lake City – KWDZ (AM) 910 sold to iHeartMedia with WRDZ-FM Indianapolis. Price: $1,950,000. FCC file date: 5/29/15. Brokers: William B. Schutz (seller), Media Venture Partners (buyer).
** SOLD Seattle – KKDZ (AM) 1250 sold to Mercury Capital Partners. Price: $500,000. FCC file date: 5/22/15. Broker: William B. Schutz (seller)

Still on the Shelf
* Boston – WMKI (AM) 1260
* Chicago – WRDZ (AM) 1300
* Dallas – KMKI (AM) 620
* Denver – KDDZ (AM) 1690
* Los Angeles – KDIS (AM) 1110
* Minneapolis – KDIZ (AM) 1440
* Philadelphia – WWJZ (AM) 640
* Phoenix – KMIK (AM) 1580
* Portland – KDZR (AM) 1640
* Sacramento – KIID (AM) 1470
* St. Louis – WSDZ (AM) 1260
* San Francisco – KMKY (AM) 1310
* Tampa – WWMI (AM) 1380