PRESS RELEASE August 2, 2005 Fat Dawgs 7 Broadcasting LLC has completed its acquisition of radio station KFIG-AM, licensed to Fresno, CA from Radio Central LLC, for $2.5 million. “As an 18 year veteran of Fresno radio I am delighted to better serve the Fresno market as owner of the Valley’s Local Sports Leader,” said Fat Dawgs_ …
PRESS RELEASE July 27, 2005 Bustos Media Enterprises LLC has agreed to purchase the assets of radio station KQTA-FM (formerly KBNH), licensed to Homedale, Idaho and serving Boise, Idaho, from R & S Media for $2.25 million dollars.* Eddie Esserman represented the Seller in this transaction. * Pending FCC Approval
PRESS RELEASEJuly 18, 2005 NextMedia has entered into an agreement with Dove Media to purchase KBTE-FM serving Lubbock, Texas. NextMedia and Dove Media entered into an LMA agreement for KBTE in 2003 with a purchase option. NextMedia is exercising that option. The option price is $1,500,000.* NextMedia is a national group owner which owns three additional FM stations in the …
PRESS RELEASEJune 27, 2005 Tomlinson-Leis Communications L.P. has agreed to purchase the assets of radio stations KNET-AM and KYYK-FM, licensed to Palestine, Texas, from Hightower Radio, Inc., for $1,200,000.* 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 owns station KMOO-FM, licensed to Mineola, …
Maranatha Broadcasting Company, Inc., headed by Richard Dean, has completed its acquisition of radio station KSTR 96.1 FM, licensed to Montrose, serving Grand Junction, Colorado from Leggett Broadcasting, Inc., for $900,000. Leggett Broadcasting is headed by Brad Leggett. Jody McCoy was the exclusive broker and represented the seller in this transaction.
PRESS RELEASE May 20, 2005 Citadel Broadcasting Corporation has agreed to purchase the assets of radio station WKSY-FM, licensed to Picayune, Mississippi, serving New Orleans, from Guaranty Broadcasting Company, for $7.5 million.* George R. Reed represented the seller in this transaction. * Pending FCC Approval
Press Release 5/5/2005 The partners and associates of Media Services Group are saddened at the passing of our friend and colleague, Austin Walsh who died earlier today surrounded by his family. Austin managed Media Services Group_s San Francisco North office. He had been involved in the Broadcast industry since 1970 when he commenced his career with Major Market Radio in …
PRESS RELEASEApril 13, 2005 Blue Moose Broadcasting, LLC has signed an Asset Purchase Agreement for the transfer of the assets of radio station WSAG 104.1 FM, licensed to Pinconning, Michigan, serving the Saginaw-Bay City-Midland market, to MacDonald Broadcasting Company. * The station will operate under an LMA which will commence on Monday, April 18. Jody McCoy of our Colorado Springs …
Press Release New Radio Venture LLC has agreed to purchase the assets of radio station KNRC-AM, licensed to Englewood, CO (Denver, CO market, ranked #22) from NRC Broadcasting Inc., for $5,525,000.* This is the second acquisition by New Radio, joining KMYL-AM Phoenix, Arizona. NRC is a Colorado based radio broadcasting company that currently owns and operates …
PRESS RELEASE March 7, 2005 Cumulus Media Inc. has completed its acquisition of radio stations KFRU-AM, KBXR-FM, KOQL-FM and KPLA-FM serving Columbia, MO and KLIK-AM, KBBM-FM and KJMO-FM serving Jefferson City, MO from Premier Marketing Group for $38.75 million. The stations have been operated under the terms of a local marketing agreement that commenced March 1, 2004. George R. Reed …