Terry gets Nevada FM with upside potential


SoldYou don’t need a PHD in rocket science to look at map and figure out that KPHD-FM Elko NV is pretty much in the middle of nowhere. But the station, being acquired by Kevin Terry, isn’t planning to stick around in Elko.

The station, a Class C on 97.5 MHz with 85 kW @ 1,558’, is west of Salt Lake City, north of Las Vegas, east of Reno and south of Boise, and not remotely close to any of them. But once it has constructed the CP it holds, it will be a member in good standing of the Boise market.

It is headed to a new city of license – Melba ID – and a new frequency – 102.7 MHz, and the 35 kW @ 2,635’ it will operate will be more than sufficient to blanket the Boise market.

Terry is buying the station under licensee name JLD Media.

The seller is KPHD Radio LLC, headed by Lisa Kirkman.

The price will be $90K cash.

Terry is an owner on the move. His Montana Radio Company just agreed to purchase KMTX AM-FM in the Helena MT market, adding to the two Helena stations already in his portfolio, KIMO-FM and KMXM-FM. According to brokerage Kozacko Media Services, the price of that recent deal was $630K.