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WNFN Sold to Midwest Communications - Radio World

WNFN Sold to Midwest Communications

East Arkansas Broadcasters beefs up with three acquisitions
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From the Radio World radio station sales desk, a few recent transactions.

Starting in Millersville, Tenn., WNFN(FM) has been acquired by Midwest Communications from Joule Broadcasting. The price was $3.75 million. The broker was Eddie Esserman of Media Services Group.

Midwest CEO Duke Wright commented that the acquisition was part of Midwest’s corporate strategy, “We are very excited about adding another wonderful station to our great Nashville cluster. It fits perfectly with our goal of providing even greater reach in the key demos in Nashville.”

In neighboring Arkansas, East Arkansas Broadcasters added three Russellville, Ark.-area stations to its cluster — KARV(AM/FM) and KYEL(FM). The sellers were Kermit and Diane Womack. The price was $800,000. MSG’s Bill Cates was the broker.

In Sarasota, Fla., WTMY(AM) has been acquired by Tomas Martinez and Solmart Media for $125,000 from Eugene Heinemeyer and Southwest Florida Radio Broadcasting. Haddon & Associates was the broker.

Finally, in Tupper Lake, N.Y., $35,000 was the price for W219AU-FX, a translator now owned by Red Wolf Broadcasting Corp. The seller was Saranac Lake Radio. Jason James of Patrick Communications was the broker.

If you have station sales news, make sure Radio World knows about it.

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