The purchase of WXNY-LD New York, by Daystar TV Network tops the latest list of TV station transactions submitted to the FCC for its approval, according to BIA Advisory Services.
WEEK ENDING JULY 25
Station Trading Roundup: 3 Deals, $3,020,000
WXNY-LD New York — PRICE: $3,000,000 BUYER: Daystar TV Network (Arnold Torres, secretary) SELLER: New York Spectrum Holding CO (Charles Wong, member) BROKER: Patrick Communications FACILITIES: DTV Ch. 23, 3.250 kW, ant. 974 ft. AFFILIATION: IND
W27EO-D Panama City, FL — PRICE: $15,000 BUYER: Castelli Media LLC (Vincent Castelli, member/manager) SELLER: J&J Winemiller FACILITIES: DTV Ch. 27, 15.000 kW, ant. 161 ft. AFFILIATION: DRK
WACX-LD Alachua, FL — PRICE: $5,000 BUYER: Watchman Broadcasting Productions International (Dorothy Spaulding, president) SELLER: Associated Christian Television System Inc (Claude Bowers, president/CEO) FACILITIES: DTV Ch. 32, 15.000 kW, ant. 525 ft. AFFILIATION: IND COMMENT: In addition to the cash purchase price, buyer, being a qualified 501(c)(3) tax exempt organization, agrees to provide seller with a charitable donation receipt in the amount of $145,000, as determined by an IRS qualified asset appraisal obtained by seller.
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