"This is to announce that a contract has been signed and an application has been filed with the FCC for the transfer of radio stations WRLF-FM, WZST- FM, WMMN-AM, and WTCS-AM, Morgantown-Clarksburg-Fairmont, West Virginia, from Spectrum Radio Fairmont, LLC to LHTC Media Inc. of West Virginia.
The Seller, Spectrum Radio Fairmont, LLC, is a West Virginia-based company. Spectrum Radio has no other broadcast interests.
The Buyer, LHTC Media Inc. of West Virginia, is a wholly-owned subsidiary of Laurel Highland Total Communications, Inc. (“LH Total”) headed by Jim Kail. Another wholly owned subsidiary of LH Total, LHTC Media, Inc., owns radio stations in Apollo and Latrobe, Pennsylvania.
KALIL & CO., INC. is the exclusive broker for this transaction."
https://radioinsight.com/blog/headlines ... antown-wv/
Morgantown / Fairmont stations changing hands
Moderators: Hoosier Daddy, The People's DJ, Arp2
- Dave Harman
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Re: Morgantown / Fairmont stations changing hands
$700K, unless revenues fall below that amount (yearly--2016 I presume) then $650K. Buyer operating under an LMA.
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Re: Morgantown / Fairmont stations changing hands
Are we certain the new company is not actually one of the WVRC head honcho's butler's great aunt's second cousin's business that might use an address cross town cause there is no co-ownership in anyway shape or form. Just sayin' there is definitely some sour grapes with the Mountaineers.
- Scott Reppert
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Re: Morgantown / Fairmont stations changing hands
Radio is dead. Next...
Scott Reppert
Music Director/Program Director/On-Air Personality
WTCS/WFGM/WMQC/WAIJ/WLIC/WRIJ/WKJL/WRWJ/WPCL/WWPN
Operations Manager: Hope Radio, T8WH, Palau
Production/Editor: "Believe Right" and "MFC WorldWide"
"For mine eyes have seen Thy salvation"--Luke 2:30
Music Director/Program Director/On-Air Personality
WTCS/WFGM/WMQC/WAIJ/WLIC/WRIJ/WKJL/WRWJ/WPCL/WWPN
Operations Manager: Hope Radio, T8WH, Palau
Production/Editor: "Believe Right" and "MFC WorldWide"
"For mine eyes have seen Thy salvation"--Luke 2:30
- Dave Harman
- Member
- Posts: 420
- Joined: Wed Mar 06, 2002 11:00 am
Re: Morgantown / Fairmont stations changing hands
The wounds were self-inflicted.