Radio giant Clear Channel has reached an agreement with Mark Jorgenson’s Concord Media Group fopr WBCG-FM Murdock FL. CCU will pay 786,624 cash for the station. The change in ownership should not be too noticable for local citizens, however, since CCU has been running the station in an LMA dating back to 10/15/01. WBCG-FM is not officially in Arbitron-rated territory, but positioned on the western side of the state between Sarasota and Fort Myers-Naples, it has contour overlap with numerous CCU stations, forming three distinct markets under the old contour definition. This transaction makes the dealings of the two principals a two-way street: Clear Channel filed to sell WLTQ-AM in Charleston SC to Jorgenson for 608,230 back on 11/1/07.
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.