Transactions: 9-23-08

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$3M WRVI-FM Louisville KY (Valley Station KY) from Salem Media of Kentucky Inc., a subsidiary of Salem Communications Corporation (Stuart W. Epperson, Edward G. Atsinger III) to WAY-FM Media Group Inc. (John Scraggs, Robert Augsburg et al). $300K escrow, balance in cash at closing. Buyer is noncommercial. [FCC file date 8/19/08]


$340K KWFB-FM Wichita Falls TX (Holiday TX). 51% of KIXC-FM LLC from Patrick William Johnson (51% to 0%) to Falls Radio LLC (Dan Balla, David Stewart, 0% to 51%). $17K escrow, $83K cash at closing, $240K note. Fred R. Morton Jr. retains the remaining 49%. [FCC file date 8/19/08]