Morgantown / Fairmont stations changing hands

If it's about broadcasting, radio, TV, satellite, cable, this is where to talk about it.

Moderators: Hoosier Daddy, The People's DJ, Arp2

Post Reply
User avatar
Dave Harman
Member
Member
Posts: 420
Joined: Wed Mar 06, 2002 11:00 am

Morgantown / Fairmont stations changing hands

Post by Dave Harman »

"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/
Tom Taggart
Member
Member
Posts: 768
Joined: Tue Dec 18, 2001 11:30 am
Location: Marietta, Ohio

Re: Morgantown / Fairmont stations changing hands

Post by Tom Taggart »

$700K, unless revenues fall below that amount (yearly--2016 I presume) then $650K. Buyer operating under an LMA.
JKF18
Member
Member
Posts: 178
Joined: Sat Apr 09, 2005 3:12 pm

Re: Morgantown / Fairmont stations changing hands

Post by JKF18 »

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. :D Just sayin' there is definitely some sour grapes with the Mountaineers. 8O
User avatar
Scott Reppert
Member
Member
Posts: 1442
Joined: Tue Dec 18, 2001 12:50 pm
Location: Fairmont, WV

Re: Morgantown / Fairmont stations changing hands

Post by Scott Reppert »

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
User avatar
Dave Harman
Member
Member
Posts: 420
Joined: Wed Mar 06, 2002 11:00 am

Re: Morgantown / Fairmont stations changing hands

Post by Dave Harman »

The wounds were self-inflicted. :(
Post Reply