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1994 Station Sales 1994 Station Sales

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1994 Station Sales 1994 Station Sales 1994 Station Sales 1994 Station Sales The following are 1994 radio and television station sales Properties: WEAU -TV, Eau Claire, Wis.; WWMT(TV), Price: $38.5 million with transactions of $1 million and above. All transaction Kalamazoo, Mich.; and KOLN(TV), Lincoln, and Property: KYOK(AM) -KMJQ(FM), Houston information is listed as reported in Broadcasting & Cable KGIN(TV), Grand Island, both Nebraska Seller: Clear Channel Communications (L. Lowry Mays) magazine's "Changing Hands" column and is current to Seller. Busse Broadcasting Corp. (Lawrence Busse) Buyer. Noble Broadcasting (John Lynch) December 1994. For more detail on television sales, see Buyer: Busse Broadcasting Corp. (Mikael Salovaara Television Ownership Transfers in this section. and Alfred Eckert Ill) Price: $38 million Property: WLUK -TV, Green Bay, Wis. Price: $108 million Price: $711.427 million Seller: Bumham Broadcasting Co. (Peter Desnoes) Properties: WAPT(TV), Jackson, Miss.; WNAC-TV, Properties: WNCT- AM- FM -TV, Greenville, N.C.; Buyer. SF Broadcasting (Tom Herwitz) Providence, R.I.; and WZZM -TV, Grand Rapids, Mich. KWJJ- AM -FM, Portland, Ore.; WBMG(TV), Seller. North Star Television (Richard Appleton) Birmingham, Ala.; KJJO- AM -FM, St. Louis Park, Price: $35 million Buyer: Argyle Television Holdings II (Bob Marbut) Minn.; WNAX -AM- FM, Yankton, S.D.; WSLS -TV, Properties: KSBW -TV, Salinas, and KSBY-TV, San Luis Roanoke, Va.; WHEN- AM -FM, Syracuse and Obispo, both Calif. WUTR(TV), Utica, both New York; WDEF- AM- FM -TV, Price: $100 million Seller: Gillett Holdings (Irving Pollack) Chattanooga and WJHZ -TV, Johnson City, both Properties: KXXY-AM- FM /KOLL(FM), Oklahoma City; Buyer. EPCommunications Inc. (Elizabeth Murdoch and Tennessee; WPAT- AM -FM, Paterson, N.J.; WSJS(AM)- WTQR(FM), Winston -Salem, N.C.; Elkin Pianim) KWLO(AM) -KFMW(FM), Waterloo, la.; KTVQ -TV, WNOE- AM -FM, New Orleans; KTGR(FM), Port La.; Property: WGBO -TV, Joliet (Chicago), Ill. Lexington, Ky.; WNLS(AM)- WTNT(FM), Tallahassee, Sulpher, and WREC(AM) -WEGR(FM), Memphis. Seller. NewMarket Media Corp. (Steve Robertson) Seller: Combined Broadcasting Fla. and KALB -TV, Alexandria, La. Buyer. Univision Television Group Seller: Park Communications Inc. (Dorothy Park, Buyer: Radio Equity Partners (George Sosson) personal representative of the estate of Roy H. Park) Buyer: Park Acquisitions Inc. (Donald Tomlin, Gary Price: $98 million Price: $34 million Knapp and the Retirement Systems of Alabama) Properties: WHNS(TV), Asheville, N.C.; KPDX(TV), Properly: WRDC(TV), Durham, N.C. Vancouver, Wash.; and WCPX(TV), Orlando, Fla. Seller: Shareholders (Paul Brissette Jr.) Seller Cannell Communications (William Schwartz) Buyer. ComCorp of America (Thomas Galloway Sr.) Price: $350 million Buyer: First Media Television (Richard Marriott) Properties: WGHP -TV, High Point, N.C.; KSAZ -TV, Property: WKYS -FM, Washington Phoenix; WDAF -TV, Kansas City, Mo.; and WBRC-TV, Seller: AlbimarCommunications Inc. (Bertram Lee) Price: $80 million Buyer. Radio One Inc. (Cathy Hughes) Birmingham, Ala. Property: WFXT(TV), Boston Seller. Great American Television and Radio Co. Inc. Seller Boston Celtics Broadcasting L.P. Price: (John Zanotti) Buyer: Fox Television Stations Inc. (Rupert Murdoch) $31.85 million Buyer: New World Communications Corp. (Ronald Property: WPBF(TV), Tequesta, Fla. Seller: Phipps -Potamkin TV Partners Perelman) Price: million (Dennis O. Boyle) $88 Buyer: Paxson Communications Corp. (Lowell "Bud" Property: WRKS -FM, New York Paxson) Price: $287 million Seller: Summit Communications Group (James Wesley Properties: KOVR(TV) Stockton, Calif.; WSYX(TV), Jr.) Price: $27 million Columbus, Ohio; WAXA(TV), Anderson, S.C.; Buyer: Emmis Broadcasting Corp. (Jeff Smulyan) WLOS(TV), Asheville, N.C.; KZRR(FM), KLSK(FM), Property: KTHV -TV, Little Rock, Ark. Property: WOKR(TV), Rochester, N.Y. KZSS(AM), all Albuquerque, N.M. Seller: Arkansas Television Co. (Chase Berry and Seller. Veronis Suhler & Associates -Hughes Inc. Seller. Continental Broadcasting Ltd. Marcus George) Buyer: Guy Gannett Communications (Madeleine Buyer. Gannett Co. Inc. (Cecil Walker) Buyer: River City Broadcasting Corson) Price: million Price: million $28 $275 Price: $58 million Properly: WKEF -TV, Dayton, Ohio Properties: KCOY -TV Santa Maria, Calif.; KMIZ -TV Properties: KWCH -TV, Hutchinson- Wichita, KBSD -TV, Seller: KT Communications (Norberto Rogan) Columbia, Mo.; WIBW- AM -FM -TV Topeka, Kan.; Ensign, KBSH -TV, Hays, and KBSL -TV, Goodland, all Buyer. WKEF Corp. (Richard Banziger), an affiliate of KGWN -TV Cheyenne, KGWR -TV Rock Springs, Kansas Citicorp. KGWL-TV Lander /Riverton and KGWC -TV Casper, all Seller. KBS LP and SD Communications Inc. (Sandy Wyoming; KSTF -TV Scotts Bluff, Neb.; KTVS -TV DiPasquale) Property: WIBC(AM) -WKLR(FM), Indianapolis Sterling, Colo. and KGNC -AM -FM Amarillo, Tex. Buyer: The Spartan Radiocasting Co. of Spartanburg, Seller: Horizon Broadcasting (Randy Odeneal and Scott Seller. Stauffer Communications Corp. (John Stauffer) S.C. (Nick Evans) McQueen) Buyer: Morris Communications Corp. (Billy Morris) Buyer. Emmis Broadcasting (Jeffrey H. Smulyen) Price: $54 million Price: $229 million Property: KBVO -TV, Austin, Tex. Price: $25.85 million Properties: WVUE(TV), New Orleans; WALA -TV, Seller: Cannan Communications Inc. and Beard Property: WDAS- AM -FM, Philadelphia Mobile, Ala.; and KHON -TV, Honolulu Management Inc. (Darrold Cannan Jr. and Steve Seller: Unity Broadcasting Network Inc. (Eugene Seller. Bumham Broadcasting (Peter Desnoes) Beard) Jackson) Buyer: SF Broadcasting (Tom Herwitz) Buyer: Granite Broadcasting Corp. (Stuart Beck) Buyer. Beasley FM Acquisition Corp. (George Beasley) Price: $51 million Price: $25.5 million Price: $183.803 million Property: KLUV -FM, Dallas/Fort Worth Properties: WPLR(FM), New Haven, Conn.; Properties: WOCL(FM), De Land, Fla.; WALK- AM-FM, Seller. TK Communications Inc. (John Tenaglia) WGNE -FM, Titusville, Fla.; WKNN -FM, Pascagoula, AM Patchogue, N.Y.; WUBE- -FM, Cincinnati; Buyer: Infinity Broadcasting (Mel Karmazin) Miss.; and KOLL(FM) Manumelle, Ark. WYGY(FM), Hamilton, Ohio; KTCJ(AM) -KTCZ -FM, Seller: Southem Starr Broadcasting (Bob Long) Minneapolis; and KMEN(AM), San Bernardino, and Price: $50 million Buyer: Multi- Market Radio Inc. (Bruce Morrow and KGGI(FM), Riverside, both Calif. Properties: WUSL(FM), Philadelphia, and WTPX(FM), Michael Ferrel) Seller. American Media Inc. (ArthurKem and Alan Beck) Fort Lauderdale, Fla. Buyer: MBD Inc. Property: WXXA -TV, Albany, N.Y. Broadcasting Seller: Talk Communications Inc. (Shared Tak) Seller: Heritage Broadcasting Group Buyer: EZ Communications Inc. (Alan Box) Buyer. Clear Channel Communications Inc. (L. Lowry Price: million $159 Mays) Property: WSMV -TV, Nashville Price: $43 million Seller: Cook Inlet Television Partners (Roy Huhndorf) Properly: WHBO -TV, Memphis Buyer: Meredith Corp. (Jack Rehm) Seller Adams TV of Memphis Inc. (Stephen Adams and Price: $25.25 million Paul Brissette Jr.) Property: WWAY-TV, Wilmington, N.C. Buyer: ComCorp of Tennessee Inc. (Thomas Galloway Seller: CLG Media (Paul Brissette) Price: $155 million Buyer. Ellis Communications (Bert Ellis) Properties: WTVG(TV), Toledo, Ohio and WJRT(TV), Sr.) Flint, Mich. Price: $24 million Partnership (George Lilly) Price: $41 million Seller. SJL Property: WGPR -TV, Detroit Buyer: Capital Cities/ABC Inc. Property: WLOX -N, Biloxi, Miss. Seller. Love Broadcasting Co. (John Hash) Seller: WGPR Inc. (George Mathews) Buyer: Cosmos Broadcasting Co. (James Sefert) Buyer. CBS Inc. Price: $120.17 million Property: WTNH -TV, New Haven, Conn. Price: $40.5 million Price: $23 million Seller. Cook Inlet Communications Inc. (Roy Huhndorf) Property: WHIM -TV, Harrisburg, Pa. Property: WMXD(FM), Detroit Buyer: LIN Broadcasting Corp. (Gary Chapman) Seller Smith Broadcasting Group (Robert N. Smith) Seller: Fritz Broadcasting (Jock Fritz) Buyer: Price Communications Corp. (Robert Price) Buyer Booth American Co. (John Booth II) Price: $110 million Property: WWL -TV, New Orleans Price: $40 million Price: $22.774 million Seller. Rampart Operating Partnership (J. Michael Early, Property: WBMD(AM) -WQSR(FM), Baltimore Property: WXYT(AM), Detroit president/GM) Seller. Sconnix Broadcasting Co. (Scott McQueen) Seller: Fritz Braodcasting Inc. (Jock Fritz) Buyer: A.H. Belo Corp. (Robert W. Decherd) Buyer: American Radio Systems (Stephen Dodge) Buyer. Infinity Broadcasting Corp. (Mel Karmazin) Broadcasting & Cable Yearbook 1995 A -91 .
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