New station and translator sales have recently crossed the Radio World news desk.
KYLI(FM) of Bunkerville, Nev., has been sold by LKCM Radio Group L.P. to Farmworker Educational Radio Network Inc. KYLI(FM) operates at 96.7 MHz, with 93 kW at 2,090 HAAT. Kalil & Co. Inc. was the exclusive broker for this transaction. The seller is a Texas limited partnership, which also owns stations in Dallas-Ft. Worth, and Wichita Falls, Texas. The buyer is based in California.
Also, the board of trustees of Washington-based American University, represented by Chief Financial Officer, Vice-President and Treasurer Douglas Kudravetz, has sold two translators to Manning Broadcasting Inc., represented by President Frederick Manning. For $100,000, Manning acquired W228AB-FX of Paramount, Md. (13 watts @ 303 HAAT on 93.5 MHz) and W228AM-FX of Frederick, Md. (19 watts @ 1,119 HAAT on 93.5 MHz). The seller’s brokers were Larry Patrick and Jason James of Patrick Communications.
And finally, the Federal Communications Commission has approved a move of a translator from Virginia, Minn., to Pine City, Minn., to relay WCMP/1350 under the AM revitalization filing window, according to Phoenix Media Group, which initiated the transaction with Q Media Properties on behalf of Refuge Media Group. The new signal will transmit on 106.5 with 250 Watts from the WCMP(FM) tower in Beroun, Minn. Q Media Properties, which is in the process of buying WCMP(AM/FM) from Red Rock Radio, is buying the translator (currently W264CX) from Refuge Media for $40,000. PMG is based in Saint Paul, Minn.
As always, no sale is final until the transfer of license is approved by the FCC.