Combos
WKDW(AM)-WSVO(FM) Staunton and WINF(AM) Waynesboro, Va.
Price: $3 million
Buyer: Clear Channel Communications Inc., San Antonio, Texas (L. Lowry Mays, chairman; Randy Michaels, chairman, Clear Channel Radio); owns/is buying 19 TVs and 1,095 other radio stations; is selling KVOD(AM) Denver and KWAM(AM) Memphis, Tenn. (see first and second AM items, respectively)
Seller: Douglass Communications LLC, Staunton, Va. (Michael Douglass, president); no other broadcast interests.
Note: Douglass acquired stations for $744,500 (Changing Hands, Sept. 20, 1999)
Facilities: wkdw: 900 kHz, 2.5 kW day, 128 W night; wsvo: 93.1 MHz, 2.8 kW, ant. 338 ft.; winf: 970 kHz, 5 kW day, 1 kW night
Formats: wkdw: country; wsvo: oldies; winf: positive alternative
Broadcasting & Cable Newsletter
The smarter way to stay on top of broadcasting and cable industry. Sign up below
Broker: Media Services Group Inc.
(seller)
WMON(AM)-WZKM(FM) Montgomery/Charleston, W.Va.
Price: $600,000 cash
Buyer: Mortenson Broadcasting Co., Lexington, Ky. (Jack M. Mortenson, president/owner); owns five other FMs and 13 other AMs, including wscw(am)-wjyp(fm) South Charleston, W.Va.
Seller: Hanson Broadcasting Co. Inc., Denver (Douglas H. Hanson, owner); owns kico(am)-kqvo(fm) Calexico/Fresno, Calif.
Note:Hanson acquired wmon-wzkm in 1997 for $205,000
Facilities: AM: 1340 kHz, 1 kW; FM: 93.3 MHz, 4.1 kW, ant. 393 ft.
Formats: AM: country; FM: gospel
Broker: John L. Pierce (escrow agent)
WTNE(AM)-WWEZ FM Trenton, Tenn.
Price: $585,000
Buyer: Milan Broadcasting Inc., Union City, Tenn. (Michael F. Jinkins, president/11.1% owner; Thunderbolt Broadcasting Co., 77.8% owner [Paul F. Tinkle, president/39.4% owner]); owns WTKB-FM Atwood, Tenn. Thunderbolt owns WCDZ(FM) Dresden and WCMT-AM-FM Martin, Tenn.
Seller: AM: Radiocorp. Of Jackson Inc./Wireless Group Inc., Brownsville, Tenn. (Carlton Veirs, president); owns WNWS(AM) and WTBG(FM) Brownsville
Facilities: AM: 1500 kHz; FM:
97.5 MHz
Broker: Media USA/Woods Group (seller)
KRWB(AM) Roseau, Minn., and KNDK-AM-FM Langdon, N.D.
Price: $400,000 (for stock)
Buyers: Robert N. and Diane Simmons, Langdon (to be co-owners), Langdon. Simmonses have already filed to sell krwb to Border Broadcasting LP for $62,000 (Changing Hands, Sept. 4)
Sellers: Co-owners Bert and Lyle Johnson (brothers), Walhalla, N.D.; no other broadcast interests
Facilities: krwb: 1410 kHz, 1 kW; kndk(am): 1080 kHz, 1 W day; KNDK-FM: 95.7 MHz, 6 kW, ant. 328 ft.
Formats: krwb: news/talk; kndk(am): news/talk, country; KNDK-FM: AC