PRESS RELEASE June 24, 2009 Albert and Ricky Benavides who own KAMZ-FM have completed the acquisition of the assets of radio station KRBL-FM, serving Lubbock, Texas from Triumph Communications, headed by Kelly Ramsey. The purchase price is $450,000. Bill Whitley of Media Services Group’s Dallas office served as the exclusive broker in this transaction.
PRESS RELEASE June 18, 2009 KGVL Radio, LLC has reached an agreement to purchase radio stations KGVL-AM and KIKT-FM serving Greenville, Texas. The buyer, KGVL Radio, LLC is headed by Alpha Horne and has no other broadcast interests. The seller, Susquehanna Radio Corporation, is a subsidiary of Cumulus Media Partners which owns and operates numerous other broadcast properties. The purchase …
PRESS RELEASE June 5, 2009 Jerry T. Hanszen has completed the acquisition of the assets of radio station KPXI-FM, licensed to Overton, TX from Inspirational Media of Texas, LLC (Salem Communications). The purchase price was $350,000. Bill Whitley of the Dallas office of Media Services Group and Jody McCoy of the Colorado Springs office of Media Services Group served as …
PRESS RELEASE May 21, 2009 Northeast Colorado Broadcasting has completed the acquisition of the construction permit for KRGQ-FM, licensed to Merino, Colorado and serving Sterling, Colorado from Mountain States Radio. The purchase price was $175,000. Jody McCoy of Media Services Group’s Colorado Springs office represented the seller and was the exclusive broker in this transaction.
PRESS RELEASEMarch 31, 2009Jody McCoy of Media Services Group has been directed to conduct an auction for radio stations KNUV 1190 AM Phoenix and KNRV 1150 AM Denver. The licensee of the stations, New Radio Venture, Inc., will enter into an asset purchase agreement with a financially qualified bidder(s) submitting the highest bid. Bids will be considered for the stations …
PRESS RELEASEMarch 24, 2009 MidNation Media, LLC, (Karl Lieber) has closed on the company_s acquisition of the KNDH-FM construction permit, licensed to Hettinger, North Dakota from ALMA Corporation (Dennis Wallace). Jody McCoy of Media Services Group_s Colorado Springs office was the exclusive broker and represented the seller in this transaction.
PRESS RELEASEMarch 13, 2009 Keyhole Broadcasting, LLC has agreed to purchase the construction permit for the radio station to be built of 105.3, licensed to Sleepy Hollow, WY from Robert R. Rule.* Jody McCoy of Media Services Group_s Colorado Springs office represented the seller and was the exclusive broker in this transaction. * Pending FCC Approval
PRESS RELEASEMarch 10, 2009 Vic Michael has completed the acquisition of an FM translator, serving Breckinridge, Colorado from Ben Stinson. The price was $25,000. Jody McCoy of Media Services Group_s Colorado Springs office represented the seller in this transaction.
PRESS RELEASEMarch 10,2009 Exodus Broadcasting (Dave Moore) has agreed to purchase the assets of radio station KNKN-FM and KRMX-AM, both licensed to Pueblo, CO from Metropolitan Radio (Mark Acker).The price is $500,000. Jody McCoy of Media Services Group_s Colorado Springs office represented the buyer in this transaction and John Pierce of John Pierce and Company, represented the seller. * Pending …
PRESS RELEASEMarch 2, 2009 My Town Media, Inc. has completed the acquisition of the assets of radio station KINZ-FM, licensed to Humboldt, KS from Sutcliffe Communications. My Town Media, Inc. owns and operates radio properties throughout the southeastern Kansas area. Mike Sutcliffe has accepted a position with the company as a station manager. Mike Lytle of Media Services Group_s Kansas …