Sales of NLEC's broadcast stations since 2005 totaling at least $5,302,000.0
KWAS (AM) Joplin, Mo Price: $300,000
http://www.broadcastingcable.com/article/CA6266676.html
KWAS(AM) Joplin, Mo.
PRICE: $300,000
BUYER: Zimmer Radio Group (James L. Zimmer, owner); owns 15 other stations, including KIXQ(FM), KJMK(FM), KSYN(FM) and KXDG(FM) Joplin
SELLER: New Life Evangelistic Center Inc. (Larry Rice, president)
FACILITIES: 1230 kHz, 1 kW
FORMAT: Christian
COMMENT: Space in station’s studio building will be leased to seller at no charge for up to 12 months from closing date; buyer will provide engineering consulting services to facilitate relocation of seller’s studio for KKLL(AM) Webb City, Mo.
2/13/2006
WCBW(AM) Highland (St. Louis), Ill Price $1 million
http://www.broadcastingcable.com/article/CA6306791.html
WCBW(AM) Highland (St. Louis), Ill.
PRICE: $1 million
BUYER: Birach Broadcasting Corp. (Sima Birach, president); owns 12 other stations, including WEW(AM) St. Louis
SELLER: New Life Evangelistic Center Inc. (Larry Rice, president)
FACILITIES: 880 kHz, 2 kW day/160 W night
FORMAT: Christian Contemporary
4/3/2006
WDID (AM) Highland (St. Louis), Ill Price $450,000
http://broadcastingcable.com/article/CA6321196.html
WDID(AM) Highland (St. Louis), Ill.
PRICE: $450,000
BUYER: Entertainment Media Trust (Dennis J Watkins, trustee); owns no other stations
SELLER: New Life Evangelistic Center Inc. (Larry Rice, president)
FACILITIES: 1510 kHz, 1 kW
FORMAT: Christian
BROKER: George Reed of Media Services Group
4/9/2007
KNLJ (TV) Jefferson City, K40JW Macon, MO Price: 3.25 million
http://www.broadcastingcable.com/index.asp?layout=articlePrint&articleID=CA6431599
KNLJ Jefferson City, K40JW Macon, Mo.
PRICE: $3.25 million
BUYER: Christian TV Network (Robert D’Andrea, president)
SELLER: New Life Evangelistic Center (Larry Rice, president)
FACILITIES: KNLJ: Ch. 25, 2040 kW, ant. 1,030 ft.; K40JW: Ch. 40, 17 kW
AFFILIATION: KNLJ: Religion; K40JW: Religion
NOTE: another publication said that funds from this sale were used to fund
digital upgrades to NLEC's St. Louis station
2/18/2008
KTCN-FM Eureka Springs, Ark Price: $302,000
http://www.broadcastingcable.com/article/CA6533071.html
KTCN-FM/Eureka Springs, Ark.
PRICE: $302,000
TERMS: Asset sale for cash
BUYER: Northeast Oklahoma Broadcast Network (Larry Hestand, president/director); owns two other stations, none in this market
SELLER: New Life Evangelistic Center (Larry Rice, director)
FACILITIES: 100.9 MHz, 1 kW, ant. 532 ft.
FORMAT: Christian
COMMENT: Payable in cash at closing; $30K escrow deposit.
Culled from the online database at http://www.fcc.gov
