JLD Media Sells Idaho FM For $800K
Kevin Terry's JLD Media is selling KZMG-FM in Melba, ID, to FM Idaho of Boise for $800,000. Darrell Calton of FM Idaho said, Also, KINF-FM, licensed to Gooding, ID and owned by FM Idaho, is moving to Twin Falls, ID. It's being sold to local group owner Kim Lee, President of Lee Family Broadcasting, for $300,000. These transactions are, in part, a result of the Rulemaking (MB Docket 06-72), adding new services and making changes to 15 stations in Nevada, Idaho, Oregon and Montana. Greg Merrill of Media Services Group was the broker in these transactions.