WSFM sold

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Ace Purple
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WSFM sold

Post by Ace Purple » Tue Sep 28, 2010 4:21 am

As per this morning's (Tom) Taylor on Radio-Info e-mail, modern rock Surf 98.3 (WSFM) in the Wilmington, NC market has been sold by Sunrise Broadcasting to Sea-Comm Inc. for $825,000. According to the article, Sunrise purchased the station from NextMedia in 2008 as part of a multi-station purchase. Taylor reports that the broker on the deal was John Cunney of Patrick Communications.

(Addendum: I just read the All Access story on the sale, which reports that Sea-Comm sold WSFM to NextMedia in 2005.)
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