McClatchey Broadcasting Company Acquires Three Stations

FOR IMMEDIATE RELEASE 3 PM EDT, September 19, 2001 CHARLOTTE, NC; McClatchey Broadcasting Company (_McClatchey_), formed to acquire small and mid market radio stations in the Southeast, today announced it has signed a definitive agreement whereby McClatchey will purchase the assets of radio stations WKVS (103.3 FM) from Foothills Broadcasting, WJRI (1340 AM) from Donnie Goodale, and WKGX (1080 AM) …

Clear Channel Aquires WBIP-FM from Community Broadcasting of Mississippi

FOR IMMEDIATE RELEASE August 20, 2001 Clear Channel Communications has agreed to purchase the assets of radio station WBIP-FM, Boonville, Mississippi from Community Broadcasting Services of Mississippi, Inc., for $700,000.* George R. Reed served as the exclusive broker on this transaction and represented the seller. * Pending FCC Approval

Jim Carroll Acquires KDRG-AM and KANA-AM/KGLM-FM from Valley Communications

FOR IMMEDIATE RELEASE August 15, 2001 Jim Carroll has agreed to purchase the assets of radio stations KDRG-AM, Deer Lodge, MT, and KANA-AM/KGLM-FM, Anaconda, MT, from Valley Communications (Edith Fransen, President) for $250,000.* KDRG-AM is a Class IV on 1400 Khz, KANA operates on 580 Khz with 1,000 watts and KGLM-FM is on 97.7 Mhz with 210 watts ERP at …

Entravision Completes Aquisition of WJAL-TV from Good Companion

FOR IMMEDIATE RELEASE August 15, 2001 Entravision Communications Corporation has closed on its purchase of the assets of WJAL-TV, Washington, DC, from Good Companion Broadcasting Company for $10.3 million. George R. Reed represented Good Companion Broadcasting in this transaction.

Sand Hill Media Corp. Acquires KADQ-FM and KOSZ-FM (CP) from Ted W. Austin, Jr.

FOR IMMEDIATE RELEASE July 27, 2001 Sand Hill Media Corporation has agreed to purchase the assets of radio stations KADQ-FM, licensed to Rexburg, Idaho and KOSZ-FM (CP), Idaho Falls, Idaho from Ted W. Austin, Jr. for $1.2 million cash.* KADO-FM is a Class C2 that operates on 94.3 MHz while the KOSZ-FM construction permit is a Class C1 that will …

East Texas Bcstg. Completes Acquisition of KPLT, KBUS & KOYN from Carephil Comm.

FOR IMMEDIATE RELEASE July 10, 2001 East Texas Broadcasting, Inc. has completed the acquisition of KPLT AM/FM, KBUS-FM and KOYN-FM serving Paris, Texas from Carephil Communications. East Texas Broadcasting is headed by John Mitchell and J.R. Kitchens. Carephil Communications is headed by Phil Silva and Carole Williams. East Texas Broadcasting also owns KALK, KIMP and KSCN serving Mount Pleasant, Texas. …

Radio One, Inc. Aquires WPEZ-FM from U.S. Broadcasting

FOR IMMEDIATE RELEASE June 26, 2001 Radio One, Inc. has agreed to purchase the assets of radio station WPEZ-FM, Macon, GA (subsequently to be changed to Hampton, GA) from U.S. Broadcasting Limited Partnership (_USBLP_) for $55.0 million.* Radio One has entered into a Local Marketing Agreement (LMA) with USBLP to commence in September. George R. Reed and Tom McKinley represented …

Clear Channel Comm. Acquires KVLT-FM from Coastal Digital Bcstg.

FOR IMMEDIATE RELEASE June 25, 2001 Clear Channel Communications has agreed to purchase the assets of radio station KVLT-FM, Victoria, TX, from Coastal Digital Broadcasting for $650,000.* Jerry Benevides heads up Coastal Digital Broadcasting. Bill Whitley served as the exclusive broker in this transaction. * Pending FCC Approval

Millcreek Broadcasting Completes Acquisition of KOVO-AM from Great Stock Company

FOR IMMEDIATE RELEASE June 12, 2001 Millcreek Broadcasting, LLC has closed on its purchase of radio station KOVO-AM, Provo, UT, from The Great Stock Company of Vast International Import, Inc. Millcreek Broadcasting has been operating the station under an LMA since earlier this year. Millcreek Broadcasting is owned by Bruce Buzil and Chris Devine. They own several other stations in …