June 27, 2013 Vision Media, Inc. has agreed to purchase KLOW FM licensed to Reno, Texas and serving the Paris, Texas market from Tower Investment Trust, Inc.* The buyer is headed by Creta Carter, President and has additional broadcast interests in Texas. The Seller is headed by Bill Brothers, President and has additional broadcast interests in Arizona and North Carolina. …
June 11, 2013 Hill Wireless, LLC has agreed to purchase the assets of radio station KRVA-FM, licensed to Campbell, TX, from LKCM Radio Licenses, LP.* The Buyer is headed by Ivan Hill who has broadcast interests in KGVL/KIKT serving Greenville, Texas. The Seller is headed by J. Luther King, Jr. who has broadcast interests in Texas, Oklahoma and Nevada. The …
June 10, 2013 Walker Broadcasting and Communications, Inc. has agreed to purchase KRBL FM serving the Lubbock, Texas market from William Whitley, Receiver.* The Buyer is headed by David Walker who also has interests in KJDL AM and FM serving the Lubbock market. The Seller, William Whitley was appointed Receiver for KRBL by the 72nd District Court in Lubbock and …
May 29, 2013 Eastern Airwaves, LLC, an affiliate of Curtis Media, Inc. has agreed to purchase the construction permit for FM Translator Station W232CI Fayetteville, NC from Bible Broadcasting Network, Inc., a Virginia not-for-profit corporation.* The purchase price is $47,500. Bob Heymann of the Chicago office of Media Services Group served as the exclusive broker representing the buyer in this …
May 15, 2013 Ronkonkoma, NY – JVC Media, the leading independent, locally owned radio broadcaster on Long Island, has entered into an agreement to buy Asterisk Communication’s five Florida FM radio stations, WTRS, WMFQ, WXJZ, WBXY and WYGC.* JVC owns 4 FM radio stations on Long Island, WPTY, WBON, WJVC, WRCN and operates Long Island Events, which manages the 7,000 …
PRESS RELEASE May 14, 2013 Tejas Broadcasting Ltd., LLP has agreed to purchase KMUL AM and KICA FM radio stations from Tallgrass Broadcasting, LLC.* KMUL AM and KICA FM are licensed to Farwell, Texas. The Seller, Tallgrass Broadcasting, is in receivership with David Rhoades of Tulsa acting as Receiver. The Buyer, Tejas Broadcasting, is headed by Jim Anderson and has …
Midwest Communications has completed the acquisition of the assets of Radio Fargo-Moorhead, the parent company of KFGO-AM, KVOX-AM, KBVB-FM, KMJO-FM, KRWK-FM and WDAY-FM for $25 Million. Radio Fargo-Moorhead is headed by Jim Ingstad. Midwest Communications, headed by Duke Wright, owns 47 radio stations in Wisconsin, Minnesota, Michigan, Illinois and Indiana. Jerry Johnson of our Minneapolis office represented the seller in …
PRESS RELEASE April 17, 2013 Educational Media Foundation has agreed to purchase KHLB FM, licensed to Mason, Texas and KRZS FM, licensed to Hunt, Texas from Munbilla Broadcasting.* The Buyer has multiple radio interests across the nation and is headed by Mike Novak. The Seller has additional radio interests in the Texas Hill Country and is headed by Shane Fox. …
PRESS RELEASE April 14, 2013 Educational Media Foundation has completed the acquisition of the assets of radio stations KLST-FM, Fountain Valley, CA, KLSN-FM, Adelanto, CA and KLSI-FM, Thousand Oaks, CA from Amaturo Group of LA. Mike Novak, EMF President & CEO said _Working with and getting to know Joe Amaturo has been a rewarding experience. Adding Orange County, Ventura County …
PRESS RELEASE April 5, 2013 Another of Morgan Skinner’s former Legacy Communication stations has been sold. Main Street Broadcasting, LLC, Ted Austin, managing partner has purchased* KPTO-AM, licensed to Pocatello, Idaho. KPTO-AM broadcasts on 1440 kHz with 2,500 watts days and 300 watts at night. It is currently silent. Austin has owned several stations in southeastern Idaho. KPTO-AM is the …