Station Sales Week Of 9/10

Southern Oregon University’s “Jefferson Public Radio” purchases Silent 102.3 KHWA Weed/99.7 K257CA Mount Shasta/101.7 K268AT Grenada and “Wild Country” 103.9 KSYC-FM Yrkea/92.1 K221BK Etna CA for $150,000.

A&B Media LLC agrees to acquire Regional Mexican “La Ke Buena 1310” WTIK Durham NC from Truth Broadcasting Corporation for $10,000. The buyers began operating WTIK via Time Brokerage Agreement on June 1.

Farmers National Bank of Griggsville’s GBI Communications will assume ownership of News/Talk 97.5 WBBA-FM Pittsfield and 1480 WJBM (and CP for 104.7 W284DN) Jerseyville IL as part of a legal settlement between DJ Two Rivers Radio Inc.’s David Fuhrer and Jack Hull. John Scheper’s Mid-Missouri Radio will operate the stations under Time Brokerage Agreement for GBI Communications.

Randall Williams’ Gold Standard Broadcasting is converting its LMA of Horizon Broadcast Group’s “ESPN 104.3” WGSX Lynn Haven/Panama City FL for $250,000 with its LMA payments since July 2017 going towards the acquisition price.

Positiva Radio Inc. converts its LMA of Spanish Christian “Positiva Radio 1490” KOGN Ogden UT to a purchase from La Familia Broadcasting for $231,250 with all of the proceeds coming from the LMA it has held since April 2014.

After a court ordered transfer from Calvin Murray’s KP Music Group to a keepership held by William Whitley earlier this year, 97.3 KJMG Bastrop/Monroe LA has been sold to Todd Fowler’s Skyline Media for $20,000. KJMG recently resumed operations with undisclosed programming after going silent in November 2017.

Music Guild International is transferring Community 101.5 WEXP Brandon/Rutland VT back to Woodchuck Radio LLC to resolve a lawsuit after Music Guild International defaulted on its purchase payments. Music Guild International acquired WEXP in November 2019 for $275,000. The Rutland Herald reported in July the station went online only after being unable to make payments after they lost one of their primary donors to a cancer diagnosis.

TMRG Broadcasting is restructuring its ownership as Dean Sorenson and Duane Butt will sell their 30% stakes each and Faehn Radio Enterprises LLC will drop their stake from 40% to 25%. Steve and Marla Willard, Mindy and Tracy Huntington, and station General Manager Melissa Herrboldt’s Boldt Media LLC will each acquire 25% stakes in the company. Butt and Sorenson will each receive $750,000 and Faehn receiving $125,000 for its reduction in its holdings. TMRG Broadcasting owns AC 99.1 KXLG/100.3 K262CK Milbank SD.

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