United States

Darren Girdner’s G2 Media Group is selling his three stations in Fort Smith AR to Melinda Leigh and Edwin Martin’s Black Diamond Properties LLC for $1.3 million. The deal includes Red Dirt Country “Red Dirt 96.71580 KAGE/96.7 K244FJ Fort Smith, Southern Gospel “98.7 The Cross1650 KFSW/98.7 K254AM Fort Smith, and Rock/Country “Mix 105.1” KXMX Muldrow OK.

Punjabi American Media acquires 1510 KSPA Ontario CA from Intelli Inc. for $100,000. The buyer owns seven stations in California running their South Asian programming.

Pamela McClatchey’s McClatchey Broadcasting sells Christian 1590 KELP/95.9 K240ER El Paso TX to On Earth Media LLC for $634,744 including the station real estate. McClatchey, who is also on the board of Sky High Broadcasting’s 89.3 KELP-FM Mesquite NM will also transfer that station to the members of the buyers of KELP/K240ER.

David Leroy Billy is using power of attorney to acquire Standards 1280 KPRV Poteau and Classic Country/Classic Hits 92.5 KPRV-FM Heavener OK from his father Leroy Billy due to poor health.
https://radioinsight.com/headlines/266658/station-sales-week-of-3-29-2/

Lance Venta, RadioInsight (2024-03-29)

Argentina

Translated from Spanish:
According to the information published by the local press in recent hours, the historic station identified as LT9 RADIO BRIGADIER GENERAL ESTANISLAO LÓPEZ “La Líder” (AM 1150 KHz), and its Category “B” Frequency Modulated channel known as LRM749 FM LÁSER (92.5 MHz), both from the city of Santa Fe capital, Province of the same name, have been acquired by the firm “Versión Rosario S.R.L.”, belonging to the powerful Rosario media businessman Orlando Mario Vignatti. LT9 is one of the first private stations that were born in the interior of the country. Its immediate predecessor was “Radio Roca Soler”, which emerged in 1921. Some time later, it was granted the official license to operate on AM, beginning its transmissions on June 24, 1924. Over time, the station changed owners several times. , and in recent years, thanks to Resolution No. 6603-ENACOM/16 dated 09/09/2016, the Enforcement Authority granted the license in favor of the firm “Onda 9 S.A.”, integrated at that time by the Mutual Association “Association of Mutual State Workers (ATEM), and Messrs. Federico Salvador Caputto, Manuel Pedro Vittori and Francisco Santiago Saíz (former owner of “Ondafe”, a company that managed LT9), who served as director of the station until his death, in January 2020. Towards the end of 2023, La Mutual ATE divested itself of its shareholding, while the percentage that corresponded to Saíz was sold by his heirs. The majority of the shareholding package thus passed to hands of the media conglomerate commanded by Orlando Vignatti. This businessman founded the newspaper “El Ciudadano” in 1998, and was the owner of LT8 Radio Rosario “La Ocho” (AM 830) in Rosario, which allowed him to establish links with other large media outlets, such as La Capital and Ámbito Financiero. The new owners intend to maintain the staff of 50 workers at both stations, and stated that the programming content will be “updated to current times.”
LT9, known by its slogan “La Líder”, operates with a Category IV on the frequency of 1150 KHz AM, equivalent to a power of 10 Kw (Daytime) and 1 Kw (Nighttime).
Its central studies and administration are located on 2153 4 de Enero Street, Santa Fe, Province of Santa Fe, Telephone: (342) 410-9999; E-mail: noticiaslt9@hotmail.com, Website: www.lt9.com.ar.
Its Transmission Plant is located on West Ring Road, Rural Recreation Zone (CG: 31°28’39.1″S, 60°44’43.3″W). In Frequency Modulation it operates two stations, one of them as we already said on 92.5 MHz, and also “FM9” on 105.5 MHz, where the AM 1150 signal is retransmitted.

Argentina en AM y FM FB group (2024-02-15)

United States

Fred Eychaner’s Newsweb Radio is transferring Liberal Talk 820 WCPT Willow Springs/Chicago and Brokered Ethnic 1240 WSBC Chicago to Heartland Signal for $1. 
Heartland Signal, a regional digital newsroom founded by Eychaner in 2021, will also receive the studio building of the stations. The platform is now operated by non-profit Future Now Action, which also runs political advocacy platform The States Project, the Lawmaker Network and the PAC for America’s Future founded by former New York state Senator Daniel Squadron, Jeffrey Sachs, and Adam Pritzker. 
Newsweb will retain Brokered 750 WNDZ Portage IN and Polish/Dance 92.7 WCPY Arlington Heights. 
https://radioinsight.com/headlines/264719/heartland-signal-acquires-wcpt-wsbc/

Lance Venta, RadioInsight (2024-02-12)

United States

Station sales.

Andrew Sturlaugson’s P&A Media is purchasing the radio holdings from the estate of Stephen Marks in Montana and North Dakota for $850,000. P&A will acquire Custer County Community Broadcasting’s Oldies 1050 KMTA/95.3 K237DW and Classic Hits 92.3 KYUS-FM Miles City MT, Dickinson-Belfield Broadcasting’s Country “I94” 93.9 KXDI Belfield and Classic Rock “Q-Rock 95.7” KQLZ New England ND, Glendive Broadcasting’s Oldies/AC 1400 KXGN/103.1 K276GO Glendive MT, Magic Air Communications’ Country 96.5 KDZN Glendive MT, Miles City/Forsyth Broadcasting Inc.’s Classic Country 1250 KIKC/94.5 K233BL and Country “Kik Country” 101.3 KIKC-FM Forsyth MT, Sidney Community Broadcasting’s Classic Rock “Eagle 93.1” KGCX Sidney MT, and Williston Community Broadcasting’s Country “98.5 Coyote Country” KXWI and Variety Hits “101.1 Jack-FM” KDSR Williston ND.

Semora Broadcasting sells Gospel 1540 WYNC Yanceyville NC to True Word Media for $135,000. An LMA took effect on February 1.

John Fredericks’ Disruptor Media converts its LMA of Conservative Talk “Newstalk 1650” WJFV Portsmouth/Norfolk VA to a $275,000 purchase. Fredericks has operated WJFV via LMA since August 2022.

Denisse Hernandez’s Prime Broadcasting acquires Spanish CHR “Ritmo 99.91460 WQXM/99.9 W260DA Bartow FL from DRC Broadcasting for $170,000. The buyer has been operating WQXM via Time Brokerage Agreement since April 1, 2023.  
https://radioinsight.com/headlines/264656/station-sales-week-of-2-9/

Lance Venta, RadioInsight (2024-02-09)

Canada

BCE (Bell Media) to sell 45 of 103 Radio Stations. 
Bell has announced a layoff of 4800 people and that they are selling almost half of their regional radio stations 
https://financialpost.com/news/bce-cutting-4800-jobs-selling-45-radio-stations

It is worth noting that last summer they shuttered several stations across Canada, including shortwave outlet CFVP in Calgary which simulcast MW outlet CKMX aka Funny 1060. 
One of the companies purchasing the Bell stations is Zoomer Media which owns CFZM, 740 khz Zoomer Radio in Toronto, a clear channel 50 kw outlet that still broadcasts music on MW. The potential for something other than talk/ sport/ news to return to the sold outlets is certainly there.

Tony Pavick to irca iog (2024-02-08)

United States

Gary Hanna’s GCJH Inc is expanding on Cape Cod with the purchase of 1240 WBAS/106.5 W268CP West Yarmouth MA from the estate of Bob Bittner’s Bob Bittner Broadcasting for $130,000. 
GCJH will begin operating WBAS/W268CP on Wednesday, February 14 as a simulcast of Classic Hits “X102.3” WGTX Truro. WGTX covers the northern tip of the cape, while WBAS/W268CP covers the western end around Hyannis and Yarmouth. The deal includes a $4,275 per-month LMA until closing, while the sellers will pay $1 per-year for their “The Memories Station” Oldies programming to be heard on WGTX-HD3. 
https://radioinsight.com/headlines/264553/wgtx-to-expand-on-cape-cod-with-wbas-purchase/

Lance Venta, RadioInsight (2024-02-05)

United States

With John and Kristine Treese’s Treese Media Group LLC closing on its $138,900 acquisition of News/Talk 830 WEEU Reading PA, the station has temporarily dropped its format for Oldies. 
The station is promoting a relaunch on Monday, February 5 with the return of a former host to the station, while afternoon host Chris Barnes has exited. Station management noted on social media that the music stunt is being done while the station upgrades its equipment. 
John Treese is a former host at WNPV Lansdale and WQKX/WVLY Selinsgrove PA. The Treese’s agreed to purchase WEEU in November from Bob Lowe’s Twilight Broadcasting. 
https://radioinsight.com/headlines/264483/weeu-in-stunt-mode-ahead-of-monday-relaunch/

Lance Venta, RadioInsight (2024-02-02)

United Kingdom

Lyca Radio expands to Greater Manchester after acquiring Asian Sound Radio licence. 

The licence of popular Manchester based station, Asian Sound Radio, has been sold to the Lyca Group. 
Asian Sound Radio, which was co-founded by Shafat Ali and brother Shujat Ali, went on-air in 1992 (as Restricted Service License) – making it one of the longest running independent Asian radio stations in the UK. Asian Sound Radio was granted its permanent licence in August 1995 and successfully launched on the 3rd of June 1996 as the first Asian radio station in the North of England to cater for the South Asian Communities.

The Asian Sound Radio licence will sit under Lyca Group’s Lyca Media umbrella. This will be the third Asian radio station in the group after the flagship Lyca Radio [1458 kHz] and Lyca Gold [1035 kHz] brands in Greater London. The acquisition also makes Lyca Media the largest Asian radio group in the UK. It also runs English station, Time 107.5FM in the Romford area.

The sale of Asian Sound Radio is not only unique but also makes history as one of the first commercial Asian radio stations being sold. Previously, the Lyca Group bought Sunrise Radio’s frequencies when they went into administration. Asian Sound Radio covers the entire North West region of England with its two frequencies 963AM and 1377AM. It is also available on DAB and online. Lyca Media will announce details of its plans for Asian Sound Radio in the coming days.

https://www.lycaradio.com/news/lyca-radio-expands-to-greater-manchester-after-acquiring-asian-sound-radio-licence/ 

Dr. Hansjoerg Biener (2023-12-22)

United States

Sales of the week.

The Bryan Ragan led McAlester Streaming Technologies LLC will purchase Lee Anderson’s Southeastern Oklahoma Radio’s four stations for $1.2 million. The stations in the deal are Country “K101.3” KMCO Wilburton, “Classic Rock 105.1” KTMC-FM McAlester, Christian/Classic Country 1150 KNED/98.3 K252FQ McAlester, and Standards 1400 KTMC/96.7 K244FI McAlester.

International Church of the Grace of God Inc. acquires Radio Luz Inc.’s 1160 WRLZ St. Cloud FL for $500,000. The buyer, which owns stations in Boston, Danbury CT and Fort Lauderdale operating as Portuguese “Nossa Radio” targeting Brazilian immigrants, began operating WRLZ via Time Brokerage Agreement on November 1.

Relevant Radio sells News/Talk 950 KAHI Auburn/Sacramento CA to KAHI Corporation for $100,000. The buyer has operated KAHI via Time Brokerage Agreement since 1999 and owns its two translators 102.9 K275BJ Placerville and 104.5 K283CM Auburn. The deal includes a waiver request to separate KAHI from Relevant’s expanded band 1620 KSMH West Sacramento, which was originally supposed to supplant the original station and allow both to continue operating.

James Watford’s WRCS-AM 970 Inc. sells Gospel 970 WRCS Ahoskie NC to Keith Baldwin’s KBaldwin Media Group for $100,000. Baldwin also owns 1480 WQTM Fair Bluff NC. 
https://radioinsight.com/headlines/262191/station-sales-week-of-12-15/

Lance Venta, RadioInsight (2023-12-15)

United States

1470 WWNN Pompano Beach FL will soon have its fifth licensee in two years. After less than two months of ownership, James Ospina’s Radio Activa Media Group will sell WWNN to Dr. Felix Michelet’s Shekinah Radio International LLC for $675,000. The buyer is associated with the Miami based Creole language Tabernacle of Glory Church. 
https://radioinsight.com/headlines/261926/station-sales-week-of-12-8-wwnn-gets-fifth-owner-in-two-years/

Lance Venta, RadioInsight (2023-12-08)