According to brokerage firm Kozacko Media Services, which handled the deal, the price will be $150K cash.
Thompson is already making plans to bring a hometown focus to the station. He said, “WGEZ will move off the satellite and will be staffed by local people so that the Beloit community will benefit from seven days per week of news/weather/sports coverage with their five person news team.”
The station beams 1 kW day and night on 1490 kHz.
The seller is headed by Frank J. Spula, who hangs on to one remaining station, WPNA-AM Oak Park IL.