As promised, Blount picks up Hartford AM from Radio Disney


The station trading market may be stultified, but you have to hand it to Radio Disney. It let word out that it was going to sell off a number of its AM stations, and it has marched steadily forward doing just that. The latest is WDZK-AM Bloomfield CT, serving the Hartford market.

The buyer is Blount Communications, headed by William Blount. According to brokers Bill Schutz, who represented Blount; and John Pierce, who represented Radio Disney, the price is $500K. The station operates in 1550 kHz.

News of this sale broke in a very unusual way – it was mentioned in the contract for the sale of WNEB-AM Worcester MA from Blount to Emmanuel Communications, also a $500K deal. According to the WNEB contract, Blount and Emmanuel will try to work together to execute the pair of deals as a like-kind exchange.
Pierce also handled brokerage chores for the WNEB deal.