The stations include WPXC-FM Hyannis, WFQR-FM Harwich Port and WFRQ-FM Mashpee.
The price: $2.7M. $1.8M is allocated to FCC and other licenses, $475K to goodwill and going concern value, and $425K to tangible personal property.
All three stations are Class As. WPXC,-FM which calls itself PIXY 103 Cape Cod’s Rock, beams 3.1 kW from 463’ from 102.9 MHz, and has the most market-centered signal of the three.
The other two simulcast as Frank FM – We Play It All. WFQR-FM is on 93.5 MHz with 3 kW @ 328’ with a contour that skews to the eastern side of the market; WFRQ-FM is on 101.1 MHz with 6 kW @ 272’, and skews to the west.
The price being paid for the trio is just about one-fourth of what Nassau paid when it inked a 7/25/05 contract to acquire the stations from Cape Cod Radio Stations Trust. The price back then: a cool $10M.