Mergers & Acquisitions
The purchase of WILC-CD Sugar Grove, Ill., by Daystar TV Network tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.
IOLA BROADCASTING, INC. is selling News-Talk KIOL-A-K257GM and Country KIKS-F/IOLA, KS to AD ASTRA PER ASPERA BROADCASTING, INC. for $325,000 in a promissory note.
Sun Broadcasting’s “Rock 103.3” W277AP Bayshore/93.7 WHEL-HD2 Sanibel/Fort Myers FL has added an additional signal with recently acquired 94.1 W231DC Fort Myers.
Scott Hutton’s Hutton Broadcasting, which currently owns six stations in Santa Fe NM, is purchasing nine stations in Farmington NM and Cortez and Durango CO serving the Four Corners from American General Media.
Steinman Communications is donating its newspaper holdings in Central Pennsylvania to public media operator WITF Inc.