Press Releases

Press Release  September 22, 2011 North Carolina FM Translator Sold to Owner of WCHL-AM Chapel Hill, NC VILCOM INTERACTIVE MEDIA, LLC, a North Carolina limited liability company, has agreed to purchase FM Translator Station W253AZ Creedmoor, North Carolina from  LIBERTY UNIVERSITY, INC., a Virginia nonprofit corporation.*  VILCOM INTERACTIVE MEDIA owns radio station WCHL-AM, Chapel Hill, NC. The purchase price is …

PRESS RELEASE September 20, 2011 DAIJ Broadcasting, LLC has completed the acquisition of the assets of radio station KRCM 1380 AM, licensed to Shenandoah, Texas (Houston) with a CP to increase power to 2.8 kw from Voice Broadcasting, Inc.. The purchase price is $575,000 cash. Jody McCoy of our Colorado Springs office was the exclusive broker representing the seller in …

PRESS RELEASE September 19, 2011 Absolute Communications II, L.L.C. has agreed to purchase the assets of radio stations  KITN-FM, KWOA-FM, and KWOA-AM, licensed to Worthington, Minnesota from Three Eagles of Luverne, Inc.* The price is $2.2 million. “I’ve been talking to John Daniels about this for many years and he was in position to make the combination work at this …

PRESS RELEASE September 14, 2011 Bott Communications, Inc. has completed the acquisition of radio station WFCV-FM, licensed to Bluffton, IL and serving the Ft. Wayne, IN Arbitron Market from Independence Media.   Stephan Sloan, Bob Heymann, and Bill Lytle of Media Services Group were the exclusive brokers in this transaction.

PRESS RELEASE September 12, 2011 Mississippi Broadcasters, LLC (Clay Holladay, President) has completed the acquisition of the assets of the following Meridian, Mississippi radio stations from Clear Channel Radio for $1.1 Million: WMSO-FM, licensed to Meridian   WZKS-FM, licensed to Union WYHL-AM, licensed to Meridian WJDQ-FM, licensed to Marion WHTU-FM, licensed to Newton The stations were most recently programmed by …

August 30, 2011 The August 24 issue of SNL Kagan’s Broadcast Investor: Deals & Finance announced mid-year Broker Rankings. Media Services Group claimed top spot as the media broker which handled more transactions than any other (16 deals representing 30 stations), almost two-to-one over the firm next in line. According to MSG’s Managing Director, George Reed, “We are pleased to have …

PRESS RELEASE August 2, 2011 Longport Media, headed by George Miller, has completed the acquisition of the assets of radio stations WBSS-AM, WMGM-FM, WOND-AM, WTKU-FM, and WWAC-FM, Atlantic City-Cape May, NJ from Atlantic Broadcasting of Linwood NJ, LLC (Debtor in Possession).  The price is $4.2 million. Tom McKinley and George Reed of Media Services Group represented the seller in this …

PRESS RELEASE July 18, 2011 Jim Phillips, a local businessman, has completed the acquisition of the assets of radio station KBEC-AM, licensed to Waxahachie, Texas. The Seller is headed by Jeanne Moseley, principal owner. Neither party has other broadcast interests.  The purchase price was $1,250,000. Bill Whitley of our Dallas office of Media Services Group assisted the seller in this …

PRESS RELEASE July 13, 2011 Mel Wheeler, Inc. has agreed to purchase the WKCJ-FM construction permit licensed to Elliston-Lafayette, Virginia from Radio Greenbrier LLC.  The buyer is headed by Leonard Wheeler, President. He has other radio and television interests in Virginia, Missouri and Illinois.  The seller is headed by Todd Robinson who has other radio interests in West Virginia and …

July 1, 2011 Mountain Community Translators, LLC exchanged the assets of FM translator station K253AH (Colorado Springs, Colorado) for the assets of radio station KAVA-AM (Pueblo, Colorado), owned by Latino Communications, LLC.* Jody McCoy of our Colorado Springs office represented Mountain Community Translators, LLC in this transaction. * Pending FCC Approval