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La Promesa Foundation Buys Texas Radio Outlets


La Promesa Foundation, headed by President Leonard J. Oswald, has agreed to acquire KEES-AM (1430)/Gladewater, TX and FM translator K243CU (96.5)/Longview, TX from Salt of the Earth Broadcasting, headed by President Darrell E. Martin. The purchase price is $125,000 cash at closing. Media Broker John W. Saunders was the exclusive broker on the transaction.

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Latest Radio Stories

Nielsen Takes Cumulus Ratings Fight to Supreme Court
Nielsen
Nielsen
The Nielsen Company has asked the U.S. Supreme Court to review a federal appeals court ruling that upheld a preliminary injunction in its antitrust dispute with Cumulus Media over the sale of national radio ratings data. Nielsen filed its petition for a writ of certiorari More

Broadcast Industry Group Sells Arkansas Trio for $2M
Blacksun Private Equity
Blacksun Private Equity
Broadcast Industry Group LLC has agreed to sell three Arkansas AM stations and their associated FM translators to Blacksun Private Equity Inc. for $2 million, according to an assignment application filed with the FCC. The deal includes KLRG-AM/Sheridan, KASZ-AM (formerly KJJI)/White Hall and KCAT-AM/Pine More

Family Life Closes on Acquisition of WOGI-FM for $1M
Family Life Radio
Family Life Radio
Family Life has closed on its previously announced acquisition of Country WOGI-FM (104.3) in Moon Township, PA, and Pittsburgh translator W288BO (105.5) from Forever Media for $1 million. WOGI-FM operates with 13,000 watts and serves the greater Pittsburgh area. The acquisition will add the station More
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Pete Mundo Expands to KFRU Columbia MO
Pete Mundo
Pete Mundo
Cumulus Media's KFRU-AM (NewsTalk 98.9 FM & 1400 AM) in Columbia, MO, is adding "Mundo in the Morning" with Pete Mundo to its morning lineup, expanding the KCMO Talk Radio program into another market. "We're excited to bring Pete Mundo to Columbia on KFRU," the station announced on social media. "Tune in More

Q102, ALT 104.5 Plan Halloween Wedding Giveaway
Til Death Do Us Part
Til Death Do Us Part
iHeartMedia Philadelphia's WIOQ-FM (Q102) and WRFF-FM (ALT 104.5) are teaming up to give one couple a Halloween wedding at Pennhurst Asylum. The stations have launched "Til Death Do Us Part," a promotion offering the winning couple a wedding ceremony and reception at the reportedly haunted attraction on More

Caloroga Media Launches AI Production Platform Linnet
Caloroga Media
Caloroga Media
Caloroga Media has launched Linnet, a browser-based AI production platform designed to combine scripting, audio and video production and publishing in a single system. The company says Linnet was developed from its own production workflow to replace the collection of separate More

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