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October 25th, 2024, 12:00 PM
#1
Station Sales Week Of 10/25
From Radio Insight:
Brighter Media Group is selling Christian Preaching 1230 WRBS Baltimore to the Julio Arquinio led BMax Media for $375,000. The station will continue to be rebroadcast by American FM Associates’ 94.3 W232CL Baltimore with BMaxMedia acquiring some related equipment for $9000 as part of its tower site lease with the seller. Brighter Media Group retains Christian AC “95.1 Bright-FM” WRBS-FM Baltimore and 103.1 WRHS Grasonville MD. The programming currently on 1230 WRBS will continue to be heard on 95.1 WRBS-HD2 and their app.
Rick Keefer’s Zia Radio Group sells Country 106.7 KQTY-FM Borger TX to Corey and Bailey Naugle’s Driven Media for $80,000. The operators of regional car dealerships, the Naugles agreed last month to purchase Oldies 800 KDDD and Classic Country ?Big Country 95.3? KDDD-FM Dumas for $280,0000.
A restructuring of Akal Broadcasting will see Nechhatar Dhaliwal increase his ownership stake from 25% to 95% of the group that owns South Asian “Radio Punjab” 620 KIGS Hanford and 1210 KQEQ Fowler/Fresno CA. Dhaliwal will purchase Charanjit Batth’s 50% stake for $195,000 and Balraj Singh Brar’s 10% stake for $30,000. The deal will also see Sukhdev Dhillon’s ownership percentage drop from 15 percent to 5 percent. Dhaliwal also owns a 40% stake of XL Media (CA), which owns 680 KGSV Oildale/102.5 K273CB Bakersfield.
Translator Sales
Radio By Grace sells 88.7 K204DI Hot Springs AR and 89.7 W209CF Gulfport MS to Bott Radio Network’s Community Broadcasting Inc. for $55,000.
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