Broadcasting Telecasting (Jul-Sep 1960)

Page scan 0001354 from Broadcasting Telecasting

Record Details:

Title:
Broadcasting Telecasting
Date:
Jul-Sep 1960
Publisher:
Washington, D.C. : Broadcasting Publications Inc.
Volume:
Broadcasting
Leaf #:
0001354
Language:
English
Subjects:
radio and television periodical, Broadcasting -- United States -- Periodicals
Collection:
Broadcasting & Recorded Sound
Format:
Periodicals
Contributor:
Library of Congress, MBRS, Recorded Sound Section
Sponsor:
Library of Congress, Motion Picture, Broadcasting and Recorded Sound Division
Coordinator:
Media History Digital Library
Date Added:
June 13, 2024
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Outstanding' Exclusive Broadcast Properties Wide coverage, daytime facility in medium-sized market. Outstanding living conditions and climate. Station showing good earnings. 29% down and liberal terms. SOUTH '150,000 Outstanding fulltime facility in prosperous area. New on the market. $100,000 cash down and balance over six years. MIDWEST 1 wl I WW Mm W I $350,000 Tight 5kw, daytime facility with good potential. Very economical operation. Low down payment and liberal terms. MIDWEST $70,000 & Company, Inc. RADIO • TV • NEWSPAPER BROKERS NEGOTIATIONS • FINANCING • APPRAISALS WASHINGTON, D. C. MIDWEST H. W. Cassill William B. Ryan 333 N. Michigan Ave. Chicago, Illinois Financial 6-6460 James W. Blackburn Jack. V. Harvey Joseph M. Sitrick Washington Building STerling 3-4341 ATLANTA Clifford 8. Marshall Stanley Whitaker Robert M. Baird Healey Building JAckson 5-1576 WEST COAST Colin M. Selph Calif. Bank BIdg. 9441 Wilshire llvd. Beverly Hills, Calif. CRestview 4-2770 PUT YOUR FINOER SEATTLE TACOMA HERE'S A MARKET BIGGER THAN INDIANAPOLIS, ST. PAUL, AND COLUMBUS COMBINED The market served by KTNT-TV in the Paget Sound area is larger than the combined populations of Indianapolis, St. Paul and Columbus. So it's apparent here's a market not to be ignored. And the station with wide listener acceptance in this rich area is KTNT-TV, a CBS affiliate. Learn from your WEED TELEVISION man the full details about this lively station . . . talk with him before you buy another dollar's worth of time in the Pacific Northwest! kQIDtv, CHRNNEL II CBS Television for Seattle, Tacoma and the Puget Sound Area Changing hands ANNOUNCED ■ The following sales of station interests were announced last week subject to FCC approval: ■ WBIR-AM-FM-TV Knoxville, Tenn.: Sold by Taft Broadcasting Co. to WMRC Inc. for $31/4 million. WMRC Inc. owns WFBC-AM-FM-TV Greenville, S.C., and is 48.8% owned the Greenville News and Piedmont, 9% by Robert A. JoUey and family and others. The News-Piedmont Co. also owns the Asheville [N.C.] CitizenTimes (WWNC Asheville) . Taft Broadcasting Co. one year ago paid $2.1 million for a 70% interest in the WBIR stations; it owned the other 30% perviously. Hulburt Taft, president of the company of the same name, stated that acquisition of broadcast properties in larger markets was contemplated. Taft stations are WKRC-AM-FM-T'V Cincinnati: 'WTVN-AM-FM-TV Columbus, Ohio; WBRC-AM-FM-TV Birmingham, Ala., and WKYT (TV) Lexington, Ky. WBIR is 250 w on 1240 kc with ABC affiliation; WBIR-FM operates on 93.3 mc with 3.3 kw. WBIR-TV, which began operating in 1956, operates on ch. 10 with CBS affiliation. Broker was Blackburn & Co. ■ WWVA-AM-FM Wheeling, W. Va.: Sold by Storer Broadcasting Co. to group headed by Ira Herbert for $1.3 million. Sale is contingent on FCC approval of Storer's purchase of WINS New York for $10 million (Broadcasting, August 1). Associated with Mr. Herbert, former New York broadcaster (WNEW), are his wife, Bernice Judis (onetime manager of WNEW), and New York advertising agency executives Emil Mogul and Milton Biow. The Herbert group received FCC approval only two weeks ago to purchase WAKE Adanta, Ga.. and WYDE Birmingham, Ala. (Broadcasting, Sept. 19). Storer's sale of "WWVA was necessitated by FCC regulations which prohibit any one company from owning more than seven am radio stations. Storer owns radio and tv in Detroit, Cleveland and Toledo, tv in Atlanta and Milwaukee and radio stations in Miami, Philadelphia, Los Angeles in addition to Wheeling. WWVA is 50 kw on 1170 kc and is affiliated with CBS. WWVA-FM operates on 98.7 mc with 7.4 kw. Transaction was handled by Edwin Tornberg & Co. ■ KOWB Laramie, Wyo.: 80% interest sold by John Hunter to minority stockholder Charles Bell for $70,000. This gives Mr. Bell 100% interest. Included with the sale was a cp for 250 w on 1340 kc in Wheadand, Wyo. KOWB operates on 1290 kc with 5 kw day and 1 kw night. Sale negotiated by Edwin Tornberg & Co. ■ KROY Sacramento, Calif.: Sold 50 (THE MEDIA) BROADCASTING, September 26, 1960