FOR IMMEDIATE RELEASE December 15, 2005 GREATER MEDIA TO ENTER INTO EXCLUSIVE NEGOTIATIONS TO ACQUIRE BOSTON RADIO STATION WCRBFROM CHARLES RIVER BROADCASTING Boston, Massachusetts: Greater Media, Inc. and Charles River Broadcasting Company today announced that they have agreed to enter into exclusive negotiations for Greater Media_s acquisition of Charles River_s WCRB, a Class B FM radio station broadcasting at 102.5 mHz …
PRESS RELEASE December 14, 2005 Main Line Broadcasting, LLC, headed by Dan Savadove, has completed its purchase of the assets of MainQuad Communications, Inc. and Richmond Broadcasting, Inc., WJZV, WARV, WCUL and WBBT, all FM stations serving Richmond, VA, for $25,000,000. Dan Savadove said _The acquisition of the Richmond stations serves as a keystone acquisition in the establishment of Main Line …
PRESS RELEASENovember 30, 2005 WVJT LLC has agreed to purchase the assets of radio stations WKEY-AM & WIQO-FM licensed to Covington, VA and WKCJ-FM and WSLW-AM licensed to Lewisburg, WV and White Sulphur Springs, WV from Quorum Radio Partners of Virginia, Debtor in Possession for $1.3 million.* WVJT LLC is headed by Todd Robinson who has broadcast interests in KTKE-FM, …
PRESS RELEASENovember 16, 2005 Clear Channel Broadcasting, Inc. has completed its acquisition of WMRZ (FM), Dawson (Albany), GA, from Staton Broadcasting, Inc. for $875,000. Eddie Esserman represented the seller in this transaction.
PRESS RELEASENovember 4, 2005 Saga Comm. of Charlottesville LLC, a subsidiary of Saga Comm. Inc., has agreed to purchase a Construction Permit for a Class C AM facility at 1450 kHz in Charlottesville, VA from Anderson Comm. LLC, for $150,000.* Eddie Esserman represented the Seller in this transaction. * Pending FCC Approval
PRESS RELEASENovember 3, 2005 Greg Merrill, one of the founding partners of Media Services Group, Inc. will be taking a two year leave of absence from Media Services Group. Along with his wife Joan, he will serve as a public affairs/humanitarian missionary in London, England for the Church of Jesus Christ of Latter Day Saints. Greg has been actively involved …
PRESS RELEASENovember 2, 2005 Larry Ryan has completed his acquisition of radio station KPJC-AM, serving Paris, Texas, from Paris Junior College. The closing took place on October 19, 2005. Bill Whitley served as the exclusive broker in this transaction.
PRESS RELEASENovember 1, 2005 NextMedia has completed its acquisition of radio station KBTE-FM serving Lubbock, Texas, from Dove Media, for $1,500,000. The closing took place on October 21, 2005. NextMedia is a national group owner, headed by Steve Dinetz and Skip Weller, which owns three additional FM stations in the Lubbock Market. Dove Media, headed by Bruce Campbell, has no …
PRESS RELEASE October 31, 2005 Cherry Creek Radio has completed its acquisition of radio station KCOM-AM, licensed to Comanche, Texas, from Texas West Media, Inc. for $164,000. The closing took place on October 1, 2005. Cherry Creek Radio is a Denver based radio company with stations in 10 different western markets. The buyer, Cherry Creek Radio, is headed by Joe …
PRESS RELEASEOctober 28, 2005 Tomlinson-Leis Communications L.P. has completed its acquisition of radio stations KNET-AM and KYYK-FM, licensed to Palestine, Texas, from Hightower Radio, Inc., for $1,200,000. The closing took place on October 1, 2005. Tomlinson-Leis, headed by its president, Edward B. Tomlinson, II, does not own any other broadcast interests. Hightower Radio, headed by its president, Jason Hightower, also …