Broadcasting Telecasting (Jan-Mar 1962)

Record Details:

Title:
Broadcasting Telecasting
Date:
Jan-Mar 1962
Publisher:
Washington, D.C. : Broadcasting Publications Inc.
Volume:
Broadcasting
Leaf #:
00042
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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TIME-LIFE BUYS SAN DIEGO STATIONS $6.1 million purchase puts outlets under T-L Denver unit Acquisition of KOGO-AM-FM-TV San Diego, Calif., by Time-Life Broadcast Inc. for $6,125,000 (Closed Circuit, Dec. 4, 1961) was announced late last week by James G. Rogers, president of KOGO Broadcasting Corp., and Weston C. Pullen Jr., president of Time-Life Broadcast. The transaction is subject to the customary FCC approval. The announcement said William E. Goetze will continue as general manager of the KOGO stations, reporting administratively to Hugh B. Terry, head of Time-Life Broadcast (Colo.), which operates KLZ-AM-TV Denver. The San Diego properties will be a division of the Denver company (Closed Circuit, Dec. 11, 1961). The stations are affiliated with NBCTV and NBC Radio. KOGO-TV is on ch. 10. KOGO operates on 600 kc with 5 kw. The fm station is on 94.1 mc. The current owners of the KOGO stations are the private investment firm of Fox, Wells & Rogers; Newsweek Inc., a subsidiary of The Washington Post Co., and several individual minority stockholders. They were represented in the negotiations by Mr. Rogers, with Blackburn & Co. as brokers. Time-Life was represented by Frederick S. Gilbert, general manager, and Andrew J. Murtha, business manager. Fox, Wells has a minority interest in Springfield Television Corp., licensee of uhf stations in Massachusetts. The Washington Post Co. owns WTOP-AM-FM-TV Washington, D. C, and WJXT (TV) Jacksonville, Fla. With the San Diego acquisition Job protection The AFL-CIO convention in Bal Harbour, Fla., examined the employment rights of employes in the event a radio or tv station is sold. The convention adopted a resolution, offered by the National Assn. of Broadcast Employes & Technicians, advocating that union members' jobs be protected when a station changes ownership. Time-Life will have radio-tv stations in five cities. It already operates WFBM-AM-TV Indianapolis, WOODAM-TV Grand Rapids and WTCNAM-TV Minneapolis as well as KLZAM-TV Denver. In addition it holds an interest in C.L.T. Beirut, Lebanon (television station) and is in partnership with M. Dumont Schauberg, a leading German publisher, for the production of tv films for the Germanspeaking market. Changing hands ANNOUNCED ■ The following sales of station interests were reported last week subject to FCC approval: ■ KOGO-AM-FM-TV San Diego, Calif.: Sold by Fox, Wells & Rogers, Newsweek Division of the Washington Post Co. and individual stockholders to Time-Life Broadcast Inc. for $6,125,000 (see above). ■ WLNH Laconia, N. H.: Sold by Genevieve Wingate and associates to Richard Field Lewis group for about $130,000. Lewis interests include WINC and WRFL (FM) Winchester, WSIG Mt. Jackson and 60% of WFVA Fredericksburg, all Virginia; WAYZ Waynesboro and WHYL Carlisle, both Pennsylvania, and WELD Fisher, W. Va. WLNH operates on 1350 kc with 5 kw daytime only. (Corrected item.) ■ KRBA Las Vegas, Nev. : Sold by Joe Julian Marandola to Mike Gold of Gold-Linden Productions, Hollywood, for $85,000. KRBO is on 1050 kc with 500 w daytime. Wilt Gunzendorfer & Assoc. was the broker. ■ WRKH Rockwood, Tenn.: Sold by J. A. Gallimore to Richard Halloway for $70,000. Mr. Halloway was a former staff executive with WFMY-TV Greensboro, N. C. Mr. Gallimore continues his ownership interests in WSNW-AM-FM Seneca, WSSC Sumter, WBAW Barnwell, WBHC Hampton, all South Carolina; WLFA Lafayette, WGHC Clayton, both Georgia, and WLOM (FM) Chattanooga, Tenn. WRKH is a 1 kw daytimer on 580 kc. Broker was Blackburn & Co. Radio 'jamming' is U.S. problem, too: Hurleigh Like the Russians, Americans are suffering from radio "jamming" — only here it's a different kind of "jamming." That's the message from Mutual President Robert F. Hurleigh in an editorial in the January issue of the network's newsletter, "Of Mutual Interest," currently being distributed to affiliates, advertisers and agencies. In the U.S., Mr. Hurleigh writes, it's "not the jamming of ideas, but rather Best Wishes for a Happy and Prosperous New Year BLACKBURN & Company, Inc. RADIO • TV • NEWSPAPER BROKERS NEGOTIATIONS • FINANCING • APPRAISALS WASHINGTON, D. C. CHICAGO ATLANTA BEVERLY HILLS lames W Blackburn H. W. Cassill Clifford B. Marshall Colin M. Selph ack V. Harvey William B. Ryan Stanley Whi taker CaMf Bank B|dg. Joseph M. Sitrick 333 N. Michigan Ave. Robert M. Baird 944, wj|shir£ B|yd RCA Building Chicago, Illinois 1 102 Healey Bldg. Beverly Hills, Calif. FEderal 3-9270 Financial 6-6460 (Ackson 5-1576 CRestview 4-2770 36 (THE MEDIA) BROADCASTING, January 1, 1962