Broadcasting Telecasting (Jan-Mar 1962)

Record Details:

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Changing hands ANNOUNCED ■ The following sales of station interests were reported last week subject to FCC approval: ■ WINN Louisville, Ky.: Sold by Glen A. Harmon, Glenn Snyder, Oldham Clarke, Charles M. Wheeler and Jesse L. Chambers to Garvis Kincaid for $500,000. Mr. Kincaid owns WFKY Frankfort, WVLK Lexington, WCM1AM-FM Ashland, all Kentucky, and WHOO-AM-FM Orlando, Fla. WINN is 250 w fulltime on 1240 kc. Broker was Hamilton-Landis & Assoc. ■ KIRL Wichita, Kan.: Sold by Mary Pickford and Buddy Rogers to Bernice L. Lynch and F. F. (Mike) Lynch and family for over $400,000. The Lynchs own KBYE Oklahoma City and KFMJ Tulsa, both Oklahoma. Miss Pickford and her husband bought the Wichita station in 1958 for $450,000. KIRL operates on 1070 kc with 10 kw day and 1 kw night. Broker was Blackburn & Co. ■ KTOB Petaluma, Calif.: Sold by Lloyd Burlingham to William T. Stubblefield for $115,000. Mr. Stubblefield is the owner of WAGE Leesburg, Va., which he has just sold to James Symington for $175,000 (Changing Hands, Feb. 5). Mr. Burlingham, who bought KTOB in 1960 for $115,000, also controls KNOG Nogales, Ariz., and W1XN Dixon, 111. KTOB operates on 1490 kc with 1 kw day and 250 w night. APPROVED ■ The following transfers of stations interests were among those approved by the FCC last week (for other commission activities see For The Record, page 77). ■ WNCT (TV) Greenville, N.C.: Sold by Earl McD. Westbrook and associates to Roy H. Park for $2,557,458. Mr. Park, Ithaca, N. Y., industrialist (Duncan Hines books-foods, publishing, advertising, real estate and investments), said last week he intends to close the transaction in 45 days and is retaining the station's present staff which is headed by A. Hartwell Campbell. Mr. Park has a minority interest in KREB Shreveport, La. WNCT has a 30% interest in WECT (TV) Wilmington, N. C. ■ KRMG Tulsa, Okla. : Sold by Meredith Broadcasting Co. to Swanco Broadcasting of Oklahoma Inc. for $500,000. Swanco is headed by Gilbert C. Swanson, Omaha industrialist, and has George A. Bolas, Chicago advertising executive, at its president. It owns KIOA Des Moines, KLEO Wichita and KQEO Albuquerque. ■ WHBI Newark, N. J.: Sold by James L. Shearer to Bartell Broadcast ers for $400,000. Bartell owns WADO New York on the same 1280 kc frequency weekdays and plans to operate WADO fulltime and delete WHBI. Bartell owns KCBQ San Diego, KYAAM-FM San Francisco and WOKY Milwaukee, Wis. Grant was made without prejudice to any action FCC may deem warranted as result of final determination in private litigation. ■ WJBW New Orleans, La.: Sold by Sherwood Tarlow and associates to Carmen Macri for $250,000. Mr. Macri owns 20% of WZOK-AM-FM Jacksonville, Fla. Commissioner Robert T. Bartley dissented. ■ WSHE Raleigh, N. C: Sold by Louis P. Heyman to Ralph J. Baron and associates for $180,000. Buyers have controlling interest in WILA Danville, Va. ■ KMAK Fresno, Calif.: Sold by Robert O. and George T. McMahan to group headed by J. G. (Jock) Fearnhead for $172,200 subject to adjustments and agreement not complete. Buyers own KPOI-AM-FM Honolulu and KITO San Bernardino, Calif. ■ KCJB Minot, N. D.: Sold by North Western Enterprises Inc. to Big K Inc. for $170,000. Big K is 49% owned by KXMC-TV Minot, 20.4% by Chester Reiten, and 15.3% each by Lloyd R. Amoo and W. L. Hurley. Messrs. Reiten, Amoo and Hurley have interests in KXMC-TV and Messrs. Amoo and Hurley are vice presidents of North Dakota Broadcasting Co. (KXAB-TV Aberdeen, S. D.; KXGOAM-TV Fargo, KXJB-TV Valley City and KXMB-TV Bismarck, all North Dakota) . ■ KCKC San Bernardino, Calif.: Sold by C. R. Cheek, trustee in bankruptcy, to Joseph H. and Agenes I. McGillvra for $155,000 at public auction. Mr. McGillvra is a former station representative; they own WBIW Bedford, Ind. ■ KJAY Topeka, Kan.: Sold by Dale S. Helmers to Midland Broadcasters Inc. for $150,000. Midland principals own KUSN St. Joseph, Mo. ■ WAUB Auburn, N. Y.: Sold by Jack R. Poppele to local group headed by Robert B. Morgan for $108,000. FCC Chairman Newton N. Minow and Commissioner Robert T. Bartley dissented. CBS-TV refuses to show 'Bookie' to lawmakers CBS-TV announced last week it has turned down a request by the Massachusetts House of Representatives that the network show the television documentary, "Biography of a Bookie Joint," in Massachusetts. CBS-TV carried the CBS Reports show on Nov. 30, 1961, but said it was withheld from tv stations in parts avoid the hazards of selling on your own Why take the risks involved in negotiating without our knowledge of markets, of actual sales, of responsible contacts? In speaking to any buyer, Blackburn's experience and reputation for reliability naturally lend greater weight to our opinion than any seller can reasonably expect to be given to his own. BLACKBURN & Company, Inc. RADIO • TV • NEWSPAPER BROKERS NEGOTIATIONS • FINANCING • APPRAISALS WASHINGTON, O. C. CHICAGO lames W. Blackburn jack V. Harvey loseph M. Sitrick RCA Building FEderal 3-9270 H. W. Cassill William B. Ryan 333 N. Michigan Ave. Chicago, Illinois Financial 6-6460 ATLANTA Clifford B. Marshall Stanley Whitaker Robert M. Baird John G. Williams 1102 Healey Bldg. lAckson 5-1576 BEVERLY HILLS Colin M. Selph Calif. Bank Bldg. 9441 Wilshire Blvd. Beverly Hills. Calif. CRestview 4-2770 68 (THE MEDIA) BROADCASTING, February 12, 1962