Armada Media Partners will purchase five stations and two translators in Rice Lake WI from Tom Koser’s TKC Inc. for $4,951,000. Armada, which owns stations in Colorado, Kansas, Michigan, Nebraska, and Wisconsin, will add Country 96.1 WJMC-FM Rice Lake, AC “Star 97.7” WAQE-FM Barron, Classic Hits “99.1 The Fox” WKFX Rice Lake, Sports 1090 WAQE/107.7 W299CQ Rice Lake, and Full Service News/Talk 1240 WJMC/96.5 W243ED Rice Lake. The deal also includes a $50,000 per-year consulting agreement to Koser for four years paid monthly. Koser will retain Vacationland Broadcasting Inc.’s 92.3 WRLS-FM Hayward WI.
Sacred Heart Radio sells Silent 89.5 WHSS Hamilton OH to Bill Spry Jr. and Keith Dueer’s Spryex Communications for $45,000. The buyer owns Classic Rock “Class X Radio” 88.9 WMWX Miamitown and 89.1 WYNS Waynesville.
Sale Dismissals
Baaz Broadcasting Corp. has failed to close on its $850,000 purchase of the former Brokered Ethnic “Multicultural 1600” KGST Fresno and $300,000 purchase of Spanish Sports “Tu Liga Radio” 1490 KWAC Bakersfield from Lotus Broadcasting. The Mohan Cheema and Sukhdev Singh Dhillon led company agreed to purchase the stations last August and began operating the stations via Time Brokerage Agreement in February as part of their South Asian “Radio Punjab” network. An extension filed with the FCC in March noted that Baaz needed additional time to obtain the full financing needed to consummate the transaction.
Translator Sales
Tugart Properties will purchase 98.9 W255CR Franklin NC from Charisma Radio Corp. for $1 and the purchase of two transmitters and a surge protector for Soft AC 104.5 WHLC Highlands. WHLC is listed as the parent station of the translator.
CSN International buys Silent 88.5 K203BO Mena AR from Community Radio Inc. for $4000. K203BO will rebroadcast CSN’s 89.9 KAWZ Twin Falls ID.
This story first appeared on radioinsight.com