Colorado Media Newsroom
June 16th, 2023, 06:10 AM
From Radio Insight:
https://i0.wp.com/radioinsight.com/wp-content/images/2023/06/megarock.jpg?resize=200%2C200&ssl=1Seven Mountains Media continues to grow in Pennsylvania with the purchase of “Mega Rock (https://megarock.fm)” 100.5 WJNG Johnsonburg and 105.5 WMKX Brookville from Strattan Broadcasting for $540,000.
Sabatino Cupelli’s SkyWave Broadcasting Inc. will purchase 98.7 WLEJ-FM Pleasant Gap/State College PA from Covenant Communications for $325,000. A Time Brokerage Agreement will take effect ahead of closing. Cupelli operates the Conservative Talk “Nooga Radio (https://www.noogaradio.com)” network on three LPFM’s around Chattanooga TN. WLEJ-FM has been running a redirect loop (https://radioinsight.com/headlines/netgnomes/246615/domain-insight-12-28-massive-shakeup-coming-to-state-college/) since Seven Mountains Media sold the station along with three others following their acquisition of Forever Media’s State College stations in January.
Radio Activo 3 LLC sells 1060 KDYL South Salt Lake UT to Iglesia Pentecostal Vispera del Fin Nonprofit Corporation for $390,000. The signal will become the buyer’s second in the greater Salt Lake City market joining 1580 KWLO Springville/Provo.
Relevant Radio buys Gospel “Rejoice 990″ (https://rejoicerichmond.com) WREJ/101.3 W267CB Richmond VA from Radio Richmond LLC for $500,000.
Efrain Muniz-Campos buys Regional Mexican “La Brava 96.1 (https://labrava961440.com)” 1440 WMVB/96.1 W241CS Millville NJ from Martin Muniz. The purchase price was omitted from the sale agreement.
Beth Mann’s Ham Broadcasting Company acquires Southern Gospel “Heavenly 1070” WEKT Elkton KY from M&R Broadcasting for $70,500. A Time Brokerage Agreement will take effect on July 1. The buyer owns four other stations in Kentucky.
Michael Powell buys “Sports Radio 1240 (https://www.sportsradio1240.com)” WCEM Cambridge MD from Draper Media for $10,000.
Gospel Light Ministries will acquire Christian “The Life FM (https://en.wikipedia.org/wiki/WWDL)” 91.3 WWDL Plainfield and 91.3 WWQI Morristown IN from the Power Foundation for $150,000.
Bethany Church of Lincoln County sells the CP for 91.3 KHBN Beloit KS to American Christian Radio Inc. for $1.
Educational Communications of Colorado Springs buys the CP for 91.7 KADE Lake George CO from Cedar Cove Broadcasting for $15,000.
more (https://radioinsight.com/headlines/253244/station-sales-week-of-6-16/)
https://i0.wp.com/radioinsight.com/wp-content/images/2023/06/megarock.jpg?resize=200%2C200&ssl=1Seven Mountains Media continues to grow in Pennsylvania with the purchase of “Mega Rock (https://megarock.fm)” 100.5 WJNG Johnsonburg and 105.5 WMKX Brookville from Strattan Broadcasting for $540,000.
Sabatino Cupelli’s SkyWave Broadcasting Inc. will purchase 98.7 WLEJ-FM Pleasant Gap/State College PA from Covenant Communications for $325,000. A Time Brokerage Agreement will take effect ahead of closing. Cupelli operates the Conservative Talk “Nooga Radio (https://www.noogaradio.com)” network on three LPFM’s around Chattanooga TN. WLEJ-FM has been running a redirect loop (https://radioinsight.com/headlines/netgnomes/246615/domain-insight-12-28-massive-shakeup-coming-to-state-college/) since Seven Mountains Media sold the station along with three others following their acquisition of Forever Media’s State College stations in January.
Radio Activo 3 LLC sells 1060 KDYL South Salt Lake UT to Iglesia Pentecostal Vispera del Fin Nonprofit Corporation for $390,000. The signal will become the buyer’s second in the greater Salt Lake City market joining 1580 KWLO Springville/Provo.
Relevant Radio buys Gospel “Rejoice 990″ (https://rejoicerichmond.com) WREJ/101.3 W267CB Richmond VA from Radio Richmond LLC for $500,000.
Efrain Muniz-Campos buys Regional Mexican “La Brava 96.1 (https://labrava961440.com)” 1440 WMVB/96.1 W241CS Millville NJ from Martin Muniz. The purchase price was omitted from the sale agreement.
Beth Mann’s Ham Broadcasting Company acquires Southern Gospel “Heavenly 1070” WEKT Elkton KY from M&R Broadcasting for $70,500. A Time Brokerage Agreement will take effect on July 1. The buyer owns four other stations in Kentucky.
Michael Powell buys “Sports Radio 1240 (https://www.sportsradio1240.com)” WCEM Cambridge MD from Draper Media for $10,000.
Gospel Light Ministries will acquire Christian “The Life FM (https://en.wikipedia.org/wiki/WWDL)” 91.3 WWDL Plainfield and 91.3 WWQI Morristown IN from the Power Foundation for $150,000.
Bethany Church of Lincoln County sells the CP for 91.3 KHBN Beloit KS to American Christian Radio Inc. for $1.
Educational Communications of Colorado Springs buys the CP for 91.7 KADE Lake George CO from Cedar Cove Broadcasting for $15,000.
more (https://radioinsight.com/headlines/253244/station-sales-week-of-6-16/)