PRESS RELEASEOctober 27, 2005 The Board of Directors of Charles River Broadcasting Company, Inc. (_CRB_) announces that it has hired George R. Reed and R. Thomas McKinley of Media Services Group to explore the sale of some or all of their radio and tower properties in Boston, Cape Cod and Rhode Island. CRB owns WCRB in Boston, WFCC and WKPE …
PRESS RELEASEOctober 17, 2005 G.I. Family Radio has completed its acquisition of radio stations KIOD 105.3 FM and KSWN 93.9 FM, both licensed to McCook, NE, from Austin McCook, LLC, for $1.3 million. Jody McCoy and Tom McKinley represented the seller and were the exclusive brokers.
Press Release October 10, 2005 Lake County Radio, L.P. has agreed to purchase the assets of radio stations KLVQ-AM, licensed to Athens, Texas and KCKL-FM, licensed to Malakoff, Texas from Cedar Creek Radio Company and Love Radio Company, for $550,000.* Lake County Radio is owned by Jim Stansell, CEO, and David Gates, COO, both of Dallas. Mr. Stansell is the …
Press Release October 3, 2005 Cherry Creek Radio, LLC has agreed to purchase the assets of radio stations KSUB-AM, KNNZ-AM, KXFF-FM, KXBN-FM and KMXM-FM as well as Low Power TV stations KDLQ-LPTV, KDLU-LPTV, KMBU-LPTV and KVBT-LPTV from MB Media Group, Inc. for $5.8 million* The cluster of Radio/LPTV stations in Southwestern Utah serves one of the fastest growing markets …
PRESS RELEASESeptember 26, 2005 Clear Channel has agreed to purchase the assets of radio station WMRZ-FM, licensed to Dawson (Albany), GA from Staton Broadcasting Inc., for $875,000.* Eddie Esserman of our St. Simons Island office was the exclusive broker and represented the Seller in this transaction. * Pending FCC Approval
PRESS RELEASESeptember 15, 2005 Double O Radio, LLC has agreed to purchase the assets of radio stations WDOS-AM and WSRK-FM, serving Oneonta, NY, from Ultimate Broadcasting Network, Inc., for $3,800,000.* OO Radio through various entities is the licensee of 15 stations. _Double O Radio_s solid foundation in New York State is strengthened by the acquisition of Ultimate Broadcasting. We are …
PRESS RELEASE August 29, 2005 Main Line Broadcasting, LLC, headed by Dan Savadove, has agreed to purchase 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 …
New Radio Venture LLC has completed its acquisition of the assets of radio station KNRC-AM, licensed to Englewood, CO (Denver, CO market, ranked #22) from NRC Broadcasting Inc., for $5,525,000. NRC is headed by CEO Tim Brown. New Radio Venture, LLC is managed by Heberto Limas Villers and Maria Elena Llansa. For more information, please visit www.NRCBroadcasting.com Jody McCoy of Media …
PRESS RELEASE August 17, 2005 GI Family Radio has signed an agreement to purchase the assets of radio stations KSWN-FM and KIOD-FM, both licensed to McCook, NE, from Austin McCook, LLC.* GI Family Radio will operate the stations as _McCook Family Radio_ under the terms of a local marketing agreement commencing September 1, 2005. Jody McCoy and Tom McKinley served …
PRESS RELEASE August 3, 2005 MacDonald Broadcasting Company has completed the acquisition of radio station WSAG 104.1 FM, licensed to Pinconning, Michigan, serving the Saginaw-Bay City-Midland market, from Blue Moose Broadcasting, LLC. The selling price was $750,000 cash. Jody McCoy was the exclusive broker in the transaction and represented the seller.