The acquisition of a Class C AM radio station in Roanoke Rapids, Va., from Jimmy Johnson’s Johnson Broadcast Ventures, has been scrapped. What happened? The intended buyer is in default on a promissory note, and in lieu of a foreclosure auction, the transaction has been cancelled.
Sign up for free to get:
The Daily Intelligence Report delivered to your inbox.
RBR+TVBR delivers complete broadcasting news analysis and our famous observations.