Great article in RBR on the FCC assignment and transfer process

Today's RBR ran a great article on the FCC transaction approval process. Erwin Krasnow, preeminent FCC attorney, interviewed the FCC's Taft Snowdon, Supervisory Attorney, Audio Division, Media Bureau. Thanks to my partner Bob Heymann for calling it to my attention.

Click HERE for the link.

George
Media Services Group

Two more station transactions close

Although the pace of station trading remains slow, Media Services Group closed two more transactions last week.

M&M Broadcasters closed on the purchase of KRHC AM/KBEY FM, Burnet;
KHLE FM, Kempner; and KHHG FM, Hamilton; all Texas, from Munbilla Broadcasting Properties, LTD.

Bill Whitley of the Dallas office of Media Services Group served as the exclusive broker for this transaction.

Big Toe Communications, LLC completed the acquisition of the assets of radio stations WHPI-FM, Glasford, IL; WPIA-FM, Eureka, IL; WZPN-FM, Farmington, IL and
WWCT-FM, Bartonville, IL, from Independence Media Holdings, LLC.

Stephan Sloan of Media Services Group’s Providence office represented the seller in this transaction.

Well done Bill and Steph!

George
Media Services Group

New white paper: Financing Broadcast Properties 101

If you are looking for a primer on the basics of financing a radio or television station purchase, please check out our white paper: "Financing Broadcast Properties 101"

You can click here for the free download (email registration required): Financing Broadcast Properties 101

George
Media Services Group

BBN Closes Tennessee FM

Bible Broadcasting Network, Inc. has closed on its acquisition of WDYN-FM, Chattanooga, TN, from Tennessee Temple University.

Eddie Esserman of Media Services Group represented Tennessee Temple University in this transaction.

Congratulations Eddie!

George
Media Services Group