$500K FM CP Greenville-New Bern-Jacksonville NC (Magnolia NC) from Down East Communications/CDC/& Center for the Performing Arts (Terry Daniels) to Pathway Christian Academy Inc. (T.D. Worthington). $40K down payment, $50K within 10 days of FCC approval, $40K within 30 days of construction; transfer of three FM translators valued at $125K to sellers including W263BE Rose Hill NC, W250AZ Wilson NC and W266AV Jacksonville NC; remainder via promissory note. [FCC file date 12/21/09]
$1.00 WYYY-FM CP Tallapoosa GA and FM CP Dozier AL from Old Time Gospel Ministries (Robert Jarrell) to Alabama Christian Radio Inc. (Jimmy Jarrell et al). Cash. Tallapoosa CP is for Class A on 88.7 MHz with 4 kw @ 72’; Dozier CP is for Class A on 90.5 MHz with 300 w @ 243’. . [FCC file date 12/21/09]
RBR/TVBR note: Now available “Profitably Buying and Selling Radio Stations,” – RBR/TVBR’s ‘2010’ new book and guide to help chart a course through the treacherous waters of buying, owning and selling radio or television stations. A comprehensive resource which includes template agreements and advice to assist sellers, potential buyers, lenders and investors. Coauthored by Erwin Krasnow, John King and John Pelkey of Garvey Schubert Barer.
Click to purchase: “Profitably Buying and Selling Radio Stations,” or 1-800-288-4677, ext. 5022 for $49.95, paperback, $39.95, e-book.