In December 2016, a Class C AM serving a city in Maine headed to its third owner within 12 months.
Three years later, that licensee is spinning this property once again — a facility known to locals as “The Country Road.”
An asset purchase agreement dated November 25, posted by the FCC on Monday (12/2), shows that Port Broadcasting is selling Class C WCYR-AM 1400 (formerly WWNZ), with 1kw day/810 watts night on 1400 kHz, in Veazie, Me., a suburb of Bangor.
Today, WCYR is paired with an FM translator, W275CQ, and both are being spun to MaineInvests LLC for $100,000.
A $5,000 deposit has been made to Port by MaineInvests, with Lee Heureux signing off on the transaction for the buyer.
The transaction pairs WCYR with MaineInvests-owned WJYE-AM in Gardiner, Me., “Fun Oldies 1280,” serving the Augusta market. This suggests “Fun Oldies” could end up in Bangor, too.
Port will continue to own and operate a host of AMs and FMs across Maine.
As WWNZ, Port acquired the station as part of a deal that gave it ownership of Class C WGUY-AM 1230, with 1kw day/640 watts; and Class C WBAN-AM 1340, with 1kw day/630 watts night in Veazie, Maine – along with FM translator W231CH at 94.1 MHz in adjacent Bangor, Maine – for $172,000.
Pine Tree acquired WGUY and WCYR, along with the translator, from Innovative Advertising Consultants and Waterfront Communications at the start of 2016.