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1997 Station Sales

1997 Station Sales

1997 Station Sales

Seller. Ameron Broadcasting, St. Louis, MO (Bill KESR(FM), Sherwood/Little Rock, AR; KRNN(AM), Price: $19.5 million Thomas) North Little Rock, AR Buyer: Capstar Broadcasting Partners Inc., Austin, TX Seller: Ted L. "Dub" SniderJr., Calvin G. Arnold, Property: WKFT -TV, Fayetteville, NC (R. Steven Hicks and Thomas O. Hicks) Wrightsville/Little Rock, AR; Ted L. "Dub" Snider Jr., Seller: Allied Communications Co., Raleigh, NC Jane Snider, Little Rock, AR (Robert Holding Ill) Price: $30.5 million Buyer: Citadel Broadcasting Co., Bigfork, MT Buyer Bahakel Communications Ltd., Charlotte, NC R. Wilson) (Cy Bahakel) Property: KTSM- TV- AM -FM, El Paso, TX (Lawrence Seller. Glyn Wyler and Kart O. Wyler Sr. Foundation, Price: million Price: $19.4 million El Paso, TX (Janice W. Windle) $24.6 Buyer: Communications Corp. of America, Layfayette, Properties: WLVW(FM), WTGM(AM) -WQHQ(FM), Property: WLAJ -TV, Lansing, MI LA (Thomas R. Galloway Sr.) Salisbury, MD; WRXS(FM), Ocean City, MD; Seller: Lansing 53 Inc., Lansing, MI (Joel I. Ferguson) WLBW(FM), Fenwick Island, DE; WHBT(AM)- Buyer. Granite Broadcasting Corp., New York, NY (W. Price: $30 million WBZE(FM), WHBX(FM), Tallahassee, FL Don Cornwell) Seller. HVS Partners, Potomac, MD (Gisela Property: WGRR(FM), Hamilton /Cincinnati, OH Huberman) Seller. Dalton Group Inc., Potomac, MD (William and Price: $19 million Susan Dalton) Buyer: Cumulus Licensing Corp., Milwaukee, WI Buyer: American Radio Systems Corp., Boston, MA (William M. Bungeroth) Property: KRTO(FM), West Covina/Los Angeles, CA Seller: El Dorado Communications Inc., (Thomas H. (Steven B. Dodge) Price: $24 million Castro) Properties: WMCF(TV), Montgomery, AL; WMPV(TV), Buyer. Inc., Atlanta, GA (Nicholas Properties: KEZR(FM), San Jose, CA; KLUE(FM), Cox Broadcasting Mobile, AL/Pensacola, FL; WBUYÇTV), Holy Springs, D. Trigony and Robert F. Neil) MS /Memphis, TN; WELF(TV), Dalton, Soledad/San Jose, CA Seller. Alta Broadcasting San (James E. GA /Chatanooga, TN; WPGD(TV), Henderson- Co., Jose, CA and John F. Levitt) Price: $18.5 million ville /Nashville, TN Buyer: America Radio Systems Corp., Boston, MA Seller: Sonlight Broadcasting Systems Inc., Mobile, AL Property: WJET -TV, Erie, PA (Steven B. Dodge) (Jay Sekulow) Seller: Jet Broadcasting Inc., Erie, PA (John Zanzius Buyer: All American TV Inc., San Dimas, Ca (Cruz S. Properties: WNTM(AM) -WMXC(FM) and WRKH(FM), and Myron Jones) Arguinzoni) Mobile, AL; WKSJ(AM), Prichard /Mobile, AL; Buyer. Nextstar Broadcasting Group Inc., Scranton, WKSJ(FM), Mobile, AL; WDWG(FM), Atmore/Mobile, AL PA (Perry Sook) Properties: KISS(FM), San Antonio, TX; KLUP(AM), Terrell Hills /San Antonio, TX; KSMG(FM), Seller. Capitol Broadcasting Co. L.L.C., Mobile, AL Seguin/San Antonio, TX (Kenneth S. Johnson) Price: $18.4 million Buyer: Clear Channel Communications, Antonio, Seller. Rusk Corp., , TX (J.H. Jones) San TX (L. Lowry Mays) Properties: WING(AM), Dayton, OH; WGTZ(FM), Ea- Buyer. Cox Broadcasting Inc., Atlanta, GA (Nicholas ton /Dayton, OH; WING(FM), Springfield, OH D. Trigony and Robert F. Neil) Price: $23.7 million Seller: Great Trails Broadcasting Corp., Dayton, OH Properties: WTOD(AM) -WKKO(FM), Toledo, OH; (Alexander J. Williams) Property: KDON(AM) -KDON(FM), KTOM- AM -FM, WRQN(FM), Bowling Green/Toledo, OH; WIMX(FM), Buyer: Regent Communications Inc., Covington, KY KROC(FM) -KOCN(FM), Salinas/Monterey, CA Gibsonburg/Toledo, OH (Terry S. Jacobs) Seller. Lartique Multimedia Systems Inc., San Diego, Seller. 62nd St. Broadcasting L.L.C., East Lansing, MI CA (John T. Lynch) (R. Charles McLravy) Price: Buyer: Clear Channel Communications Inc., San $18 million Buyer: Cumulus Holdings Inc., Milwaukee, WI Antonio, TX (L. Lowry Mays) (William M. Bungeroth) Properties: KQOL(FM), Boulder City/Las Vegas, NV; KTMN(FM), Los Alamos /Albuquerque, NM; and Property: WMCS(AM) -WLUM(FM) and WJZI(FM), Mil- Price: $23.5 million KNYN(FM), Santa Fe/Albuquerque, NM waukee, WI Properties: KZGL(FM), Cottonwood, AZ; KVNA -AM- Seller: American General Media, Towson, MD Seller. Suburbanaire Inc., Inglewood, CA (Willie D. FM, Flagstaff, AZ; KAAA(AM) -KZZZ(FM), Kingman, (Anthony S. Brandon, L. Rogers Brandon) Davis); Shamrock Communications Inc., Scranton, AZ; KFMF(FM), KPPL(FM) and KALF(FM), Chico, Buyer. Lartique Multimedia Systems Inc., San Diego, PA (William R. Lynett) CA; KVOY(AM) and KTPI(FM), Mojave, CA; CA (John T. Lynch) Buyer. Milwaukee Radio Alliance L.L.C., Milwaukee, WI KQMS(AM)-KSHA(FM), Redding, CA; KOWL(AM)- Property: KSJO(FM), San Jose, CA KRLT(FM), South Lake Tahoe, CA; KROY(AM)- Properties: WZHF(AM), Arlington, VA/Washington; Seller. American Radio Systems Corp., Boston, MA KATJ(FM), Victorville, CA WBZS(AM), Alexandria, VA/Washington; KDFC(AM), Palo Alto/San Francisco, CA (Steven B. Dodge) Seller. Park Lane Group, Menlo Park, CA (James H, TX ( Buyer: Jacor Communications Inc., Cincinnati, OH Levy) Seller: Chancellor Media Corp., Dallas, Scott K. (Samuel Zell, Randy Michaels and David H. Crowl) Buyer. Regent Communications Inc., Covington, KY Ginsburg) Holdings Inc., (Terry S. Jacobs) Buyer. Douglas Broadcasting Inc. /Par Price: $29 million Palo Alto, CA (N. John Douglas, Duane E. Hill and Cleveland A. Christopher) Property: KBOI(AM)- KQFC(FM), KIZN(FM), Price: $23 million KZMG(FM), KKGL(FM), Boise, ID Property: KONO- AM -FM, San Antonia, TX Properties: WWCK- AM -FM, Flint, MI; WOAP(AM)- Seller. Pacific Northwest Broadcasting Corp., Boise, Seller. KONO Ltd., San Antonio, TX (John Barger) WAHV(FM), Owosso /Flint, MI ID (Charles H. Wilson) Buyer: Cox Broadcasting Inc., Atlanta, GA (Nicholas Seller: Majacof Michigan Inc., Flint, MI (Marc Buyer: Citadel Communications Corp., Bigfork, MT D. Trigony, Andrew S. Fisher and Robert F. Neil) Steenbarger) (Lawrence R. Wilson) Buyer. Connoissuer Inc., Westport, CT (Jeffrey D. Price: $21.5 million Warshaw) Property: WEEX(AM) -WODE(FM), Easton, PA Seller. CapStar Broadcasting Partners L.P., Austin, TX Properties: WOAD(AM)- WJMI(FM), WKXI(AM), Jack- Property: KZMQ- AM -FM, Greybull, WY (Thomas O. Hicks) son, MS; WKXI(FM), Magee, MS Seller: Big Horn Communications Inc., Billings, MT Buyer: Clear Channel Communications Inc., San Seller: CapStar Broadcasting Partners L.P., Austin, TX (Thomas Hendrickson) Antonio, TX (L. Lowry Mays) (Thomas O. Hicks) Buyer. Forbach Inc., San Francisco, CA (Frederick A. Buyer: Clear Channel Communications Inc., San Forester) Price: $28.7 million Antonio, TX (L. Lowry Mays) Price: million Properties: KJCE(AM), Rollingwood /Austin, TX; Price: million $17.675 KKMJ(FM), Austin, TX; and KAMX(FM), Lul- $20 ing/Austin, TX Property: WDRE -FM, Jenkintown /Philadelphia, PA Properties: Minneapolis/St. Paul, MN; WREV(FM), MN; KCFE(FM), Praire, Seller: Amaturo Group Ltd., Fort Lauderdale, FL Seller. Jarad Broadcasting Co. of Pennsylvania Inc., Cambridge, Eden MN; KREV(FM), Lakeville, MN (Joseph C. Amaturo) Garden City, NY (Ronald J. Morey) Buyer: American Radio Systems Corp., Boston, MA Buyer: Radio One Inc., Baltimore, MD (Catherine L. Seller. James R. Cargill II, Susan M. Cargill, St. Paul, MN Walt Inc., New NY (Steven B. Dodge) Hughes) Buyer. Disney Co./ABC York, (Michael D. Eisner and Robert Callahan) Properties: WDUR(AM) -WFXC(FM), Durham, NC; and Price: $28 million WFXK(FM), Tarboro /Durham, NC Price: $17.6 million Property: WFMZ(FM), Allentown, PA Seller Pinnacle Broadcasting Co. Inc. (Phillip D. Seller. Maranatha Broadcasting Co., Allentown, PA Marella) Property: KWBP -TV, Salem /Portland, OR (Richard C. Dean) Buyer: Clear Channel Communications Inc., San Seller: Peregrine Communications Ltd., Beaverton, Buyer: Citadel Broadcasting Co., Big Fork, MT Antonio, TX (L. Lowry Mays) OR (Tom McCoy) (Lawrence R. Wilson) Buyer. Acme Television Holdings of Properties: KSSN(FM), Little Rock, AR; KMVK(FM), Oregon L.L.C., (Tom Property: KXPK(FM), Evergreen /Denver, CO Benton/Little Rock, AR; KOLL(FM), Maumelle/Little Columbus, OH Allen, Douglas Gealy and Jamie Kellner) Seller. Evergreen Wireless L.L.C., Evergreen, CO Rock, AR (Robert Greenlee) Seller. Triathlon Broadcasting Co., San Diego, CA Buyer. Chancellor Media Corp., Dallas, TX (Scott K. (Norman Feurer) Price: $17.475 million Ginsburg) Buyer: Clear Channel Communications Inc., San Property: WXXV -TV, Gulfport, MS Antonio, TX (L. Lowry Mays) Seller: Prime Cities Broadcasters of Mississippi, Price: million Corp. $25 Property: WYOU(TV), Scranton, PA Ridgefield, CT (John Tupper, Dick Shively, Harry Properties: KAFN(FM) Gould, AR; KARN(AM), Little Seller. Nextstar Broadcasting Group Inc. Smart, Bill Kepperand Larry McQuaid) Rock, AR; KARN(FM) and KKRN(FM), Humnoke/Lit- Buyer: Bastet Broadcasting Inc., Bexley, Ohio (David Buyer. Morris Newspaper Corp., Savannah, GA tle Rock, KIPR(FM), Pine Bluff /Little Rock, AR; S. Smith) (Charles H. Morris)

Broadcasting & Cable Yearbook 1998 A -107