FOR IMMEDIATE RELEASE August 15, 2001 Jim Carroll has agreed to purchase the assets of radio stations KDRG-AM, Deer Lodge, MT, and KANA-AM/KGLM-FM, Anaconda, MT, from Valley Communications (Edith Fransen, President) for $250,000.* KDRG-AM is a Class IV on 1400 Khz, KANA operates on 580 Khz with 1,000 watts and KGLM-FM is on 97.7 Mhz with 210 watts ERP at …
FOR IMMEDIATE RELEASE August 15, 2001 Entravision Communications Corporation has closed on its purchase of the assets of WJAL-TV, Washington, DC, from Good Companion Broadcasting Company for $10.3 million. George R. Reed represented Good Companion Broadcasting in this transaction.
FOR IMMEDIATE RELEASE July 27, 2001 Sand Hill Media Corporation has agreed to purchase the assets of radio stations KADQ-FM, licensed to Rexburg, Idaho and KOSZ-FM (CP), Idaho Falls, Idaho from Ted W. Austin, Jr. for $1.2 million cash.* KADO-FM is a Class C2 that operates on 94.3 MHz while the KOSZ-FM construction permit is a Class C1 that will …
FOR IMMEDIATE RELEASE July 10, 2001 East Texas Broadcasting, Inc. has completed the acquisition of KPLT AM/FM, KBUS-FM and KOYN-FM serving Paris, Texas from Carephil Communications. East Texas Broadcasting is headed by John Mitchell and J.R. Kitchens. Carephil Communications is headed by Phil Silva and Carole Williams. East Texas Broadcasting also owns KALK, KIMP and KSCN serving Mount Pleasant, Texas. …
FOR IMMEDIATE RELEASE June 26, 2001 Radio One, Inc. has agreed to purchase the assets of radio station WPEZ-FM, Macon, GA (subsequently to be changed to Hampton, GA) from U.S. Broadcasting Limited Partnership (_USBLP_) for $55.0 million.* Radio One has entered into a Local Marketing Agreement (LMA) with USBLP to commence in September. George R. Reed and Tom McKinley represented …
FOR IMMEDIATE RELEASE June 25, 2001 Clear Channel Communications has agreed to purchase the assets of radio station KVLT-FM, Victoria, TX, from Coastal Digital Broadcasting for $650,000.* Jerry Benevides heads up Coastal Digital Broadcasting. Bill Whitley served as the exclusive broker in this transaction. * Pending FCC Approval
FOR IMMEDIATE RELEASE June 12, 2001 Millcreek Broadcasting, LLC has closed on its purchase of radio station KOVO-AM, Provo, UT, from The Great Stock Company of Vast International Import, Inc. Millcreek Broadcasting has been operating the station under an LMA since earlier this year. Millcreek Broadcasting is owned by Bruce Buzil and Chris Devine. They own several other stations in …
FOR IMMEDIATE RELEASE May 30, 2001 Millcreek Broadcasting, LLC an entity of Chris Devine and Bruce Buzil out of Chicago has closed on its purchase of KMXU-FM, Manti, UT, for $2.0 million from Sanpete County Broadcasting Co., Doug Barton, president. KMXU-FM is licensed to Manti, southwest of Salt Lake City, and operates on 105.1 MHZ as a Class C with …
FOR IMMEDIATE RELEASE May 22, 2001 Simmons Media Group, Inc., has closed on its purchase of radio stations KFTZ-FM and KOSZ-FM, Idaho Falls, ID, and the stock of Western Communications, licensee of radio stations KLCE-FM, KCVI-FM, KECN-AM, Blackfoot, ID, and KICN-AM, Idaho Falls, ID, from Marathon Media for $13.0 million cash. KLCE-FM at 97.3 KCVI at 101.5, KFTZ at 103.3 …
FOR IMMEDIATE RELEASE May 18, 2001 Cumulus Media, Inc. closed its acquisition of radio station WWSG-FM in Sylvester (Albany), Georgia from Thomas W. Lawhorne, Jr. The purchase price was $700,000 cash. George R. Reed, and Edward N. Esserman initiated this transaction and represented the Seller in the negotiations.