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THE M STREET JOURNAL ELSEWHERE (Cont'd) Nearby Coleman

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THE M STREET JOURNAL ELSEWHERE (Cont'd) Nearby Coleman THE M STREET JOURNAL page 9 Nov. 24, 1999 ELSEWHERE (cont'd) Cumulus' existing quartet there is country KBCY, CHR KCDD, classic rock KHXS & AC KKHR -- though we understand Cumulus will swap KKHR, Abilene (a class A at 106.3 MHz) over to Powell Meredith as part of this deal. In Grand Junction, Colorado, Mustang Broadcasting sells out to competitors MBC Grand and Cumulus, which cashes Mustang principal Paul Fee right out of the radio business, thanks to Richard Dean at MBC and Richard Weening and Lew Dickey at Cumulus. The newest half of this is the just -filed $1.2 million sale of Mustang's KQIL /KQIX combo to group owner MBC Inc. That gives Richard Dean's MBC five stations there: Talk KNZZ, soft AC KJYE and adult standards "Sunny" KSNJ. Plus sports KQIL (a one -kilowatt non -directional full -timer at 1340 KHz) and hot AC "QFM" KQIX, a class Cl at 93.1 MHz. Previously, Paul Fee had agreed to sell rock KKNN and regional Mexican KEXO to Cumulus, and Cumulus is operating those under an LMA. (At one time Fee had KQIL in an LMA with Cumulus, but that has ended.) Station owner Dain Schult is back in the game, as the new American Communications Enterprises announces the purchase of four Texas stations as regional "flagships" for a group he envisions to be as large as 400 stations. The new company will operate under the name of ACEN and plans a "Radio WalMart" approach to centralized programming and business operations. M Street remembers that Schult was talking about similar themes when he was running the earlier Tex Rock /Texas Eagle group that concentrated on smaller- market stations in Texas. Here are the building blocks of the new ACEN: Brownwood- licensed country simulcast of KXYL (a one - kilowatt ND full -timer at 1240 KHz) and KXYL -FM (class A at 104.1 MHz). And the nearby Coleman -licensed KSTA (250 watt daytimer, ND -D) and KSTA -FM (class Cl at 107.1 MHz). KSTA does country and the FM soft AC. This time around, Schult envisions a radio -plus- Internet strategy that includes online gaming, entertainment and e- commerce. The beta version of the website is at "Radioace.com" Reach Schult at (512) 249 -2344. Between Jacksonville and Tallahassee, Day sells its WQHL -AM /FM combo for $2,375,000, and we'll save you the trouble of looking up "Live Oak, Florida." It's near the junction of major arteries I -10 (east -west) and I -75 (north- south), and Southern Broadcast Group has decided that Shannon Day's combo there is worth more than $2 million. WQHL is a talk station at 1250 KHz (1,000 watts day, 83 watts night, ND). Class C2 WQHL -FM does country at 98.1 MHz, and they're both licensed to Live Oak. In Oklahoma, Friends Communications buys four of Monroe -Stephens' five Oklahoma stations for $2 million. Stanton Nelson of seller Monroe -Stephens tells us they're keeping one station -- sports KJON, Anadarko, OK (850 KHz). But Friends takes all of KJON's sister stations: sports simulcast KXCA, Lawton (1380 KHz) and KKEN, Duncan (1350 KHz). And a couple of country FMs: Class A "Kickin' Country" KKEN, Duncan (102.3 MHz) and Cl KRPT -FM, Anadarko (103.7 MHz). In St. Louis, the buyer, the seller, and the appraiser all finally agree on a "the number" for St. Louis: $366,500,000. That's what Emmis will pay Sinclair for ABC -TV affiliate KDNL -TV plus six radio stations now owned by Sinclair. BIA's Tom Buono handed in his "third- party" evaluation, reconciling the first -stage estimates arrived at by appraisers working for seller Sinclair and buyer Emmis, and that produces the price of $366.5 million. Here's what Emmis' Jeff Smulyan gets for all that dough -- KDNL -TV, Channel 30, the St. Louis ABC -TV affiliate. Modern rocker "Point" KPNT (Class C at 105.7 MHz). Classic rock KXOK -FM, (C1 at 97.1 MHz). Modern AC "River" WVRV (C2 at 101.1 MHz). Country WIL -FM (class C at 92.3 MHz). Classic hits KIHT (C1 at 96.3 MHz). And adult standards WRTH (at 1430 KHz, with 5,000 watts full -time, DA -2). So Emmis will divest three FMs in St. Louis, and keep WRTH -AM. Emmis owns rocker KSHE, country WKKX (home of the Steve & D.C. morning show), and modern rocker WXTM. XM Satellite Radio gives Delphi Delco a "multi- year" order to build car radios. They've talked about a deal before, but this represents a definitive purchase order to develop and manufacture original -equipment radios that pick up AM, FM and -- XM. In fact that's exactly what the interface will say: AM, FM, XM. One of the features is an LED display of channel, type of music and song name. Terrestrial radio had a window of opportunity to provide that using the RDS data system. But it was never widely adopted in the U.S. Delphi Delco will produce receivers for GM -- which already owns a piece of XM Satellite Radio. Up in the sky, it's a bird, it's a plane -- no, it's a dog named "Sirius." This particular dog is hooked up to a couple of satellites, though, as satellite broadcast hopeful CD Radio changes its name and identity to "Sirius Satellite www.americanradiohistory.com.
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