Terry Mathis of Salt Lake City has purchased KDJQ-AM in Meridian (Boise, Idaho market). Closing took place in December 2011. Greg Merrill of Tri-State Management was the court appointed trustee and seller of the property and also was broker with Media Services Group in selling the station. KDJQ-AM will be returning to the air during the first quarter of 2012.
PRESS RELEASE December 14, 2011 Marconi Broadcasting Company LLC has completed its acquisition of WHAT-AM, Philadelphia to Aztec Capital Partners, Inc. for $475,000. Tom McKinley of our New York metro office was the broker for Marconi Broadcasting and Art Camiolo advised Aztec Capital in this transaction.
PRESS RELEASE December 5, 2011 Mel Wheeler, Inc. has closed on its acquisition of WKCJ-FM, licensed to Elliston-Lafayette, Virginia from Radio Greenbrier LLC. The buyer, Mel Wheeler, Inc., has both radio and television interests in Virginia, Missouri and Illinois and is headed by Leonard Wheeler. The seller, Radio Greenbrier, LLC is headed by Todd and Jon Robinson and has …
PRESS RELEASE November 21, 2011 Chaparral Broadcasting, Inc. has purchased out of bankruptcy court the assets of 3 Big Island, Hawaii radio stations for $350,000.* Radio stations KHBC-FM and KIPA-AM are licensed to Hilo, Hawaii and KHWI-FM is licensed to Holualoa on the Kona side of the island. The stations were previously owned by Parrott Broadcasting Limited Partnership but were …
PRESS RELEASE November 15, 2011 Davis Media LLC has entered into an asset purchase agreement to acquire the Sea-Comm cluster serving Wilmington, NC.* The stations (all in North Carolina) include: WBNE(FM), Wrightsville Beach WLTT(FM), Bolvia WSFM(FM), Carolina Beach WNTB(AM), Topsail Beach WUIN(FM), Oak Island W240AS, Wilmington An LMA will start immediately. Davis Media also owns stations serving Williamsburg, VA (WBQK-FM …
PRESS RELEASE November 14, 2011 Bill Gilreath has joined Media Services Group as an Associate with Tom McKinley. “I have had the pleasure to work with Bill in different capacities over the past 30 years,” said Tom McKinley, who opened the Company’s West Coast office in 1996. “His experience and knowledge will enable us to continue to provide West Coast …
PRESS RELEASE November 7, 2011 Charlotte, NC, Monday, November 7, 2011 – Beverly B. Poston, President and CEO, of Bahakel Communications, Inc., and Tom Yunt, President and CEO of Woodward Communications, Inc., today jointly announced that Bahakel would sell their four station radio cluster in Waterloo, Iowa to Woodward Communications, Inc., subject to FCC approval. Jody McCoy of our Colorado …
PRESS RELEASE November 4, 2011 Hog Radio has completed the acquisition of the assets of radio stations KLYR-FM and KYLR-AM, licensed to Clarksville, AK from Randall Forrester. The buyer is headed by Jay Bunyard who has interests in several other Arkansas radio properties. The seller has no other broadcast interests. The purchase price was $220,000. Media Services Group served as …
PRESS RELEASE November 4, 2011 KOFI, Inc. has agreed to purchase a construction permit for an FM radio station, licensed to Lakeside, Montana (Facility ID 183365) from Big Cat Broadcasting, LLC for $70,000.* Jody McCoy of our Colorado Springs office represented the seller in this transaction. * Pending FCC Approval
PRESS RELEASE September 28, 2011 Marconi Broadcasting Company LLC has sold the assets of WHAT-AM, Philadelphia to Aztec Capital Partners, Inc. for $475,000.* Aztec is currently operating the station with a Spanish Language Format under an LMA. Tom McKinley of our New York metro office was the broker for Marconi Broadcasting and Art Camiolo advised Aztec Capital in this transaction. …