$12,000,000 W000(AM) Shelbyville and WRCRIFM) from Rushville, Ind
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Brasécasl(bgable CHANGING HANDS The week's tabulation of station sales ests. Note: Rambaldo only recently PROPOSED STATION TRADES COMBOS bought WFLP and WLKK for about $1.7 By dollar volume and number of sales; million (B &C, June 7). does not include mergers or acquisitions KROD(AM) -KLAQ(FM) and KSII(FM) El involving substantial non -station assets Facilities: WFPL: 1330 KHz, 5 KW; Paso, Texas WLKK: 1400 KHz, 1 KW; WRTS: 103.7 Price: $23.5 million THIS WEEK MHz, 50 KW, ant. 499 ft.; WIRKT: Buyer: Regent Communications Inc., TVs - 0 100.9 MHz, 4.2 KW, ant. 252 ft. Covington, Ky. (Terry S. Jacobs, Combos $50,720,000 6 Formats: WFPL, WLKK: news /talk; WRTS: chairman); owns/is buying 12 AMs FMs $16,000,000 4 AC; wRKT: classic rock and 26 FMs AMs $4,891,227 3 Seller: New Wave Broadcasting LP, El Total $71,611,227 13 WFIR(AMI-WPVR(FM) Roanoke, Va. Paso (Jon Ferrari, chairman); owns Price: $6.5 million one AM and nine FMs SO FAR IN 1999 Buyer: Mel Wheeler Inc., Roanoke Facilities: KROD: 600 KHz, 5 KW; KLAQ: TVs $2,527,169,005 55 (Leonard Wheeler, president); owns 95.5 MHz, 88 KW, ant. 1,390 ft.; KSII: Combos $2,464,196,886 138 three TVs and wsLc(AM)- wsLo(FM) 93.1 MHz, 100 KW, ant. 1,422 ft. FMs $1,070,012,189 199 and wxLK(FM) Roanoke and wLVK(FM) Formats: KROD: news /talk; KLAQ: AOR; AMs $172,172,416 144 Lynchburg, Va. Ksar. hot AC Total $6,233,550,496 536 Seller: Jim Gibbons Radio Inc., Broker: Star Media Group Inc. Roanoke (Terry Gibbons, president); no other broadcast interests WFLP(AM), WLKK(AM) and WRTS(FM) was COO of Capstar Broadcasting Facilities: wFIR(AM): 960 KHz, 5 KW; Erie and WRKT(FM) North East/Erie, Pa. Corp. (now part of AMFM Inc.) until WPVR(FM): 94.9 MHz, 100 KW, ANT. Price: $15 million March 1998 1,979 FT. Buyer: NextMedia Group LLC, Miami Seller: Rambaldo Communications Formats: AM: news /talk; wPVR: FM: (Steven Dinetz, president); no other Inc., Erie (Richard F. Rambaldo, rock 'n' roll broadcast interests. Note: Dinetz president); no other broadcast inter- Broker: William B. Schutz Jr. WCEI -AM -FM Baltimore/Easton, Md. Price: $4.2 million Buyer. First Media Radio LLC, Potomac, Md. (Richard E. Marriott, principal); no other broadcast interests ROCKFLEET BROADCASTING, INC. Seller: Clark Broadcasting Inc., Char- lottesville, Va. L. R. Joseph Fuchs, President (Michael Douglass, president). Douglass is buying two has agreed to acquire AMs and one FM Facilities: AM: 1460 KHz, 1 KW day WGKI-TV and WGKU -TV 500 W night; FM: 96.7 MHz, 25 KW, Cadillac, Michigan Vanderbilt, Michigan ant. 245 ft. Formats: AM: big band; FM: AC for Broker: William B. Schutz Jr. $12,000,000 W000(AM) Shelbyville and WRCRIFM) from Rushville, Ind. Price: $1.05 million ($250,000 for GRK PRODUCTIONS JOINT VENTURE AM; $800,000 for FM) Gary Knapp, President Buyer: RSE Broadcasting LLC, Shel- byville (David Sheetz, COO); no Patrick Communications was proud to serve other broadcast interests as the broker in this transaction. Sellers: AM: ARS Broadcasting Corp., Cincinnati (Allan R. Shriver, presi- dent); no other broadcast interests. FM: Quantum Broadcasting Corp., PATRICK COMMUNICATIONS Rushville (spouses Louis and to Sharon Disinger, principals); no other broadcast interests Facilities: w000(AM): 1520 KHz, 1 KW (410) 740-0250, www.patcomm.com day, 250 W night; WRCR(FM): 94.3 MHz, 740 W, ANT. 550 FT. Formats: Both oldies Broker: Roehling Broadcast Services 94 BROADCASTING & CABLE / SEPTEMBER 27, 1989 .