William W. McCutchen III a decade ago was described by the Waco Tribune-Herald as “the force behind Waco Entertainment Group LLC.
Based in the Los Angeles area, McCutchen in January 2010 acquired two Spanish-language FMs for $1.95 million from the now-defunct Border Media Partners. It was added to an FM in Sherman, Tex.
An Abilene property was also added to the mix. Now, the FCC has given its blessing on its sale.
KTJK-FM 101.7 in Hawley, Tex., a 6kw Class A serving the Abilene market, is being spun by Waco Entertainment Group to WesTex Telco LLC.
It’s a deal valued at $200,000, and a $10,000 deposit was placed in escrow in late January, when the deal was initially struck.
The buyer is led by Rodney Amonett, who is locally based.
McCutchen is based in Waco.
