FOR IMMEDIATE RELEASE The Carter Broadcast Group, Inc. has completed its acquisition of its interest in radio station KSJM-FM in Wichita, Kansas from The Sherman Broadcast Group, Inc. At the time of the sale, Michael L. Carter, Chairman and Chief Executive Officer, stated, _The attractiveness of the opportunity is our partnership with Don and Denise Sherman, another African American family …
PRESS RELEASEJuly 8, 2004 NextMedia Group, Inc. announced today that it has signed a definitive agreement to acquire five radio stations serving Wilmington, NC for a total purchase price of $24.5 million in cash.* The acquired stations include WAZO-FM, WRQR-FM, and WMFD-AM from Ocean Broadcasting, LLC, and WKXB-FM and WSFM-FM from Sea-Comm, Inc. NextMedia will operate these stations under a …
PRESS RELEASEJuly 7, 2004 Double O Radio Corporation has agreed to purchase the assets of radio station WJES-FM, currently licensed to Saluda, SC, moving into the Columbia, SC metro market, from Breckenridge Broadcasting, LLC, for $4.7 million.* Breckenridge Broadcasting is headed by Mike Casey who has been in the radio business for 43 years. Double O is headed by Chief …
PRESS RELEASEJuly 7, 2004 Salem Communications Corporation (Nasdaq: SALM), the leading radio broadcaster focused on religious and family themes programming, today announced that it will be acquiring WRMR-AM (1420 AM), Cleveland, OH, from Cleveland Classical Radio, LLC. The purchase price is $10 Million.* Beginning Monday, July 12, 2004, the station will broadcast as WHK-AM (1420 AM) News Talk 1420. Edward …
PRESS RELEASE July 7, 2004 Three Trees Communications, Incorporated has completed its acquisition of radio stations WTIF-AM/FM and WJYF-FM, licensed to Tifton-Valdosta, GA from Tifton Broadcasting Corporation and Omega Broadcasting Corporation for $1.9 Million. Eddie Esserman and George R. Reed represented the seller in this transaction.
For Immediate Release July 2, 2004 MBC Grand, headed by Richard Dean, has agreed to purchase the assets of radio station KSTR-FM, serving Grand Junction, CO, and licensed to Montrose, CO from Leggett Broadcasting, Inc for $900,000. * Leggett Broadcasting is headed by Brad Leggett. Jody McCoy was the exclusive broker representing the Seller in this transaction. * Pending FCC …
FOR IMMEDIATE RELEASEJune 03, 2004 Mississippi Valley Radio has completed its acquisition of the following radio stations in the Paducah DMA from Zimmer Radio Group for $43 Million: WCIL-AM, WCIL-FM, WUEZ-FM, WXLT-FM, WOOZ-FM, WJPF-AM, KEZS-FM, KZIM-AM, KGIR-AM, KCGQ-FM, KLSC-FM, KMAL-AM, KJEZ-FM, KWOC-AM, KKLR-FM, KGKS-FM, KSIM-AM. The principal shareholder in Mississippi River Radio is Virginia-based Max Media. Bill Lytle, Bob Maccini …
FOR IMMEDIATE RELEASE May 25, 2004 Archway Broadcasting Group, LLC (_Archway_) announced today that it has entered into a definitive agreement with Curtis Media Group to sell the radio station WWNF-FM 97.7 in Kinston, North Carolina. _With this sale, we will be conforming to the proposed new FCC ownership guideline that allows us to own five FM stations in the …
FOR IMMEDIATE RELEASE May 17, 2004 Big League Sports has agreed to purchase the assets of radio stations KFNS-AM/FM and KRFT-AM, St. Louis, Missouri, from Missouri Sports Radio, LLC, for $11,500,000.* Big League Sports, from Atlanta, Ga. operates WQXI-AM, _790 _The Zone_ in Atlanta, under an LMA with Jefferson Pilot Broadcasting. _St. Louis is one of the best sports towns …
FOR IMMEDIATE RELEASE May 13, 2004 Styles Media Group, LLC has closed on its acquisition of the radio assets of WBBK-AM, WBBK-FM, licensed to Blakely, GA, WSEM-AM, and WGMK-FM, licensed to Donalsonville, GA from Merchants Broadcasting Company (et al) for $ 2.0 Million. Convergent Broadcasting had previously assigned its rights to purchase the assets of WBBK-AM, WBBK-FM, WSEM-AM, and WGMK-FM …