Close encounter in Raleigh: WRAY-TV


Radiant Life Ministries Inc., headed by Garth W. Coonce, has closed on its acquisition of WRAY-TV, serving the Raleigh-Durham DMA from Wilson NC. The price of the transaction was listed as $4.5M in documents filed with the FCC. The seller was Lee W. Shubert, trustee for MTB Raleigh License LLC, the license-holding company that was part of Multicultural Television, an ill-timed experiment for the long-time radio station operator. According to brokerage Kalil & Co., which handled the deal, Radiant Life has been broadcasting Christian and inspirational television programming in Ohio since 1977.