Press Releases

June 24, 2011 Randal Osherow, Bankruptcy Trustee, pursuant to an order of the United States Bankruptcy Court Western District of Texas, has sold a four radio station cluster serving Fredericksburg, Texas to Norbert Fritz. Neither party has other broadcast interests. The purchase price is $700,000. * The radio stations include:              KNAF-AM   Fredericksburg              KNAF-FM   Fredericksburg              KFAN-FM   Johnson City …

PRESS RELEASE June 21, 2011 Bott Communications, Inc. has agreed to purchase radio station WNUY-FM*, licensed to Bluffton, IL and serving the Ft. Wayne, IN Arbitron Market from Independence Media. Stephan Sloan, Bob Heymann and Bill Lytle were the exclusive brokers in this transaction. * Pending FCC Approval  

June 16, 2011 Aleluya Broadcasting Network (Roberto Villarreal, President) has agreed to purchase 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. (Ralph McBride, President). The purchase price is $575,000 cash.* Jody McCoy of our Colorado Springs office was the exclusive broker representing the seller …

PRESS RELEASE June 13, 2011 West Jacksonville Baptist Church has completed the acquisition of the assets of Radio Station WHJX (FM), licensed to Baldwin, (Jacksonville) FL, from Tama Broadcasting for $1,000,000. Eddie Esserman of our St. Simons Island, GA office represented the West Jacksonville Baptist Church in this transaction.

June 13, 2011 Hog Radio Inc. has agreed to purchase radio stations KLYR AM & FM licensed to Clarksville, Arkansas. Randall Forrester (individual) is the Seller and has no other broadcast interests.  The buyer is headed up by Jay Bunyard who owns several Arkansas radio stations.  The purchase price is $220,000.* Mike Lytle of our Kansas City office and Bill Whitley …

June 6, 2011 Richard Mecham’s Rich Broadcasting LLC has closed on KCHQ-FM and KRID-FM (CP) for $950,000.  These stations serve the greater Idaho Falls, Idaho market. Seller Ted Austin said “these stations will give Rich Broadcasting the opportunity to expand the Idaho Falls coverage from Jackson, Wyoming to Pocatello, Idaho.”  Ted and his wife Connie along with most of their …

PRESS RELEASE June 6, 2011 DM FL Licensee, LLC has completed its acquisition of radio station WOCN-AM, licensed to Miami, FL from Independence Media. The buyer is continuing the ESPN Deportes programming. Stephan Sloan of our Providence, RI office represented Independence Media in this transaction.

PRESS RELEASE FOR IMMEDIATE RELEASE June 3, 2011 Mississippi Broadcasters, LLC (Clay Holladay, President) has agreed to purchase the assets of the following Meridian, Mississippi radio stations from Clear Channel Radio*: 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 are currently programmed by URBan Radio …

PRESS RELEASE June 2, 2011 Houghton Community Broadcasting Corporation has completed the acquisition of the assets of radio stations WOLV-FM, WCCY-AM, and WHKB-FM, Houghton, Michigan, from Heartland Communications Houghton License, LLC. The price was $535,000. Jerry Johnson and Tom McKinley represented the seller in this transaction.  

PRESS RELEASE June 2, 2011 JWBP Broadcasting has completed the acquisition of the assets of radio stations KBCE-FM, licensed to Boyce, LA and KMXH-FM, licensed to Alexandria, Louisiana from Trinity Broadcasting d/b/a URBan Radio. The selling price was $600,000. George R. Reed of Media Services Group’s Jacksonville, Florida office represented the seller and Jerry Proctor represented the buyer in this …