There have been several recent completed station sales around the country that have come across the Radio World sales desk.
Starting in the Catskill region of New York, Watermark Communications officially sold its last three stations, WSUL(FM) Monticello, WVOS(AM/FM) in Liberty to Bold Gold Media Group. The stations were bought for $1.6 million and the broker was Kozacko Media Services. Bold Gold Media Group has a number of stations in the nearby Poconos and in the Scranton, Pa., area.
In the northwestern part of Michigan’s lower peninsula, Black Diamond Broadcast Holdings have bought the translator station W264CF-FX, Ignace, and seven stations: WCBY(AM), WCHY(FM), WGFM(FM), all in Cheboygan, along with WGFN(FM) and WQEZ(FM), Glen Arbor, WMKC(FM), Indian River, and WOEZ(FM), Onaway. The transaction on this one was $1,950,000 and the broker was Jason James of Patrick Communications.
Moving over to Wisconsin, Red Rock Radio Corp. has officially let go of WXCE(AM), Amery, WLMX(FM) Balsam Lake, WHSM(AM/FM), Hayward and WXCX(FM) Siren to Zoe Communications. The price tag was not released but this acquisition by Zoe will add to the five FM stations and one AM station it already owns in Wisconsin. Kalil & Co. was the broker.
Lastly, in North Carolina, the FM translator station W299CA, Fayetteville, owned by Radio Statesboro, has been officially handed over to Beasley Media Group. The purchase price was $50,000 and Bob Heymann from Media Services Group was the broker.
If you have radio station sales news, send them to Radio World.