Broadcasting Telecasting (Apr-Jun 1958)

Record Details:

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STATIONS CONTINUED CHANGING HANDS TRACK RECORD ON STATION SALES, APPROVALS ANNOUNCED The following sales of station interests were announced last week. All are subject to FCC approval. K\\ k ST. LOUIS, MO. • Sold bj Robert T. Convey, St. Louis Globe-Democrat. Elzey Roberts, K.STP Inc. and others to KWK Radio Inc. tor over SI million. KWK Radio Inc. is owned 147c by VVEMP Milwaukee, and 26% by Mr. Convey. Sale is subject not only to usual FCC approval but also right of first refusal by Harold Kopler, St. Louis hotclman and principal owner of 220 Television Inc. 220 Television is grantee of ch. II St. Louis, following CBS' $4 million purchase of ch. 4 KWK-TV St. Louis, and relinquishment of its ch. I I cp to the unsuccessful applicants. I he other St. Louis ch. 1 1 applicants. St. Louis Amusement Co. and St. Louis Telecast Co., each hold $200,000 in debentures of 220 Television Inc. The sale of KWK is a step in the plan of complete liquidation of KWK Inc. The Globe-Democrat recently purchased 25.2% of ch. 2 KTVI (TV) St. Louis by taking over stockholders' mortgages totaling $500,000 [Stations. March 17]. WEMP is 25% owned by Andrew M. Spheeris. 20% by Hugh K. Boice Jr., 20% by John C. Gagliano, 6% by Mrs. Robert A. LaFollette, and the balance by WEMP employes. Mr. Convey stated that he has offered other KWK Inc. stockholders the opportunity to purchase from him a prorata share of his stock in the buying company. KWK was established in 1927 and operates on 1380 kc with 5 kw. Blackburn & Co. handled the sales. WSSV PETERSBURG, VA. • Sold to Roger A. Beane, formerly manager of WFMD Frederick, Md., by Louis H. Peterson for $175,000. Broker: Hamilton, Stubblefield, Twining & Assoc. WSSV operates on 1240 kc with 250 w and is affiliated with MBS. KSLR OCEANSIDE, CALIF. • Sold to Walter Nelskog for $168,000 by Morritz Zenoff and others. The transaction was handled by Allen Kander and Co. Mr. Nelskog is one of the principal owners of KQTY Everett, Wash., and KUDI Great Falls, Mont. KSLR operates on 1320 kc with 500 w. WTRW TWO RIVERS, WIS. • Sold to Ken Daum of West Bend, Wis., by Francis Schmitt for $35,000. Broker: Hamilton, Stubblefield. Twining & Assoc. WTRW operates on 1590 kc with 1 kw, day. APPROVED The following transfers of station interests were approved by the FCC last week. For other broadcast actions see For the Record, page 101. KFBI WICHITA, KAN. • Sold to Jayhawk Broadcasting Corp. (Mary Pickford, board chairman; Charles [Buddy] Rogers, president; Fred Dodge [business manager of Miss Pickford and Mr. Rogers], secretary-treasurer) by Hale Bondurant and Henry and Elmer Balaban for $450,000. KFBI operates on 1070 kc with 10 kw, day, and 1 kw, night. WDBQ-AM-FM DUBUQUE, IOWA • Sold to Richard K. Power, Milton D. Price Jr., O. A. Friend and Robert B. Tennant by Dubuque Broadcasting Co. (John Roshek, president) for $135,000. Mr. Power has interests in WAVN Stillwater, Minn., WCMP Pine City, Minn., and KOWB Laramie, Wyo. WDBQ operates on 1490 kc with 250 w. WPOR PORTLAND, ME. • Sold to Hildreth Broadcasting Co. for $105,000 by Oliver Broadcasting Co. The new owner is a subsidiary of Community Broadcasting Service, which is the licensee of WABI Bangor and owns 100% of WABI-TV Bangor and the corporation which is the majority stockholder of WAGM-AM-TV Presque Isle and WABM Houlton, all DAVID BRIAN STARS ALL NEW! IMPACT SERIES! Maine. WPOR operates on 1490 kc, with 250 w , and is affiliated with ABC and MBS. KTES (TV) NACOGDOCHES, TEX. • Sold control from Joe D. Prince, T. Gillett Tilford and James G. Taylor to Lee Scarborough (KELS-FM Nacogdoches) for $500 each for initial capital contributions plus liability agreement. KTES is on ch. 19. Kaye, Nelson Head NTA Outlets In Newark, Now WNTA-AM-FM-TV The appointments of Gerald O. Kaye as general manager of WATV (TV) Newark and of Raymond E. Nelson as general manager of WAAT-AM-FM Newark were announced last week by Ted Cott, vice presi MR. NELSON MR. KAYE NOW SHOOTING AT ZIV STUDIO I dent in charge of station operations for National Telefilms Assoc., New York. NTA's purchase of these stations was approved two weeks ago by the FCC [Government, April 7]. Messrs. Kaye and Nelson will assume their new duties upon final closing of the sale. The FCC has approved change of the station's call letters to WNTA-AM-FM-TV effective May 7. Mr. Kaye, who has had a varied career in management, merchandising and advertising, has been named president of Atlantic Television Inc., the corporate owner of WATV (TV). During the past two years, he has been board chairman of Laundercenter Corp. and Servicenters Inc., which operate a laundromat chain. Mr. Nelson has been vice president and general manager of the NTA Film Network, a subsidiary of NTA, for the past two years. Earlier, he had been director of national spot sales for the Television Bureau of Advertising; vice president in charge of radio-tv for Charles M. Storm Adv., New York, and a production executive for NBC and MBS. WHTN-TV Opens New Studios Robert R. Tincher, vice president of Cowles Broadcasting Co. and general manager of WHTN-AM-TV Huntington, W. Va., has announced that the new WHTNTV Charleston studios are scheduled to be opened today (Monday). They are located in two buildings at 14-16 Laidley St. Programs originating from the new facilities will be broadcast by a private microwave system to the ch. 13 station's tower and transmitter at Barker's Ridge, W. Va. News programs originating in the Huntington studios will incorporate live Charleston cut-ins on each show to permit greater Huntington-Charleston news coverage, Mr. Tincher explained. Page 74 April 14, 1958 Broadcasting