Industry News

Civic Media to Acquire 16 Signals in Iowa and Illinois

Wisconsin-based media company Civic Media, Inc has entered into an agreement with three separate companies to acquire their radio imgstation assets. Those companies – Pritchard Broadcasting Corp., Titan Broadcasting, LLC, and Galesburg Broadcasting Company – are turning over 16 radio signals in Iowa and Illinois to Civic Media for a price yet to be announced. The stations include sports talk KBKB-AM, Fort Madison, Iowa; news/talk KBUR-AM, Burlington, Iowa; and news/talk/sports WGIL-AM, Galesburg, Illinois. Civic Media currently operates radio stations in Wisconsin, Minnesota, and Michigan.

Industry News

Seven-Signal Capitol to Curtis Deal Closes

The sale of seven radio signals from Capitol Broadcasting Company to Curtis Media Group has closed. The $1.75 million deal gives Curtis Media imgWRMR-FM, Jacksonville, NC; WMFD-AM, Wilmington, NC; WKXB-FM, Boiling Spring Lakes, NC; WILT-FM, Wrightsville Beach, NC; WAZO-FM, Southport, NC; and translators W269DF-FX and W240AS-FX, Wilmington, NC. KALIL & CO., INC. was the exclusive broker for this transaction.