Time Brokerage Turns To Sale Of Dallas AM


BUSTOS MEDIA HOLDINGS, LLC is selling Chinese KTXV-A (CHINA RADIO INTERNATIONAL/CHINA PLUS)/MABANK-DALLAS, TX to JAMES SU’s DALLAS MAJOR RADIO LLC for $1.8 million plus an existing time brokerage agreement; monthly brokerage payments of $25,000 under the TBA are being credited against the purchase, totaling $1.7 million, as is $100,000 from an option agreement from 2012.

In other filings with the FCC, applying for STAs were iHEARTMEDIA’s AMFM TEXAS LICENSES LLC and CAPSTAR TX, LLC as debtors-in-possession (KBKS-F/TACOMA and KJAQ and KZOK-F/SEATTLE, operation from auxiliary site due to antenna system failure) and CLARO COMMUNICATIONS LTD. (KBRN-A/BOERNE, TX, continued operation despite license cancellation; licensee contends that it never received notice of cancellation of license and has applied for reconsideration and reinstatement).

Requesting extensions of Silent STAs were TWIN CITY BAPTIST TEMPLE (WCMX-A/LEOMINSTER, MA, water damage); MOREHEAD STATE UNIVERSITY/WMKY (W202BH/INEZ, KY, power surge); ROCKET RADIO CORPORATION (K246CH/TUBA CITY, AZ, interference issues and awaiting approval of applications for modified facilities); and AVAILABLE MEDIA, INC. (KNIZ/GALLUP, NM, financial and technical difficulties).

KENT D. SMITH’s DARBY ADVERTISING, INC. has closed on the sale of Classic Hits WUPN (EAGLE 95.1)/PARADISE, MI and booster WUPN-FM1/SAULT STE. MARIE, MI to TIMOTHY S. ELLIS’ TSE BROADCASTING LLC for $296,000.

DAVID L. SMITH has closed on the sale of Hot AC WMJT (96.7 FLASH FM)/MCMILLAN, MI to TRAVIS SUMBERA’s TWO HEARTED MEDIA, LLC for $100,000

SNAKE RIVER RADIO LLC has closed on the sale of K261DB/ST. ANTHONY, ID to FRANDSEN MEDIA COMPANY, LLC for $35,000. The primary station will be SANDHILL RADIO Classic Hits KQEO (ARROW 107.1)/IDAHO FALLS.

TRAVIS MARINER has closed on the transfer of his 100% interest in FORUM BROADCASTING, INC., licensee of News-Talk KDRN-A and Country KDLK-F/DEL RIO, TX, to LARRY MARINER for release of an APRIL 1, 2017 note.

And WALKER BROADCASTING & COMMUNICATIONS, LTD. has closed on the sale of Country KJDL-A and K254CI/LUBBOCK, TX to FLORES COMMUNICATIONS, LLC for $140,000 ($84.500 for the license and assets, $55,500 for Management Lease Agreement fulfillment).

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