Nassau Maine sale is a mini-spin


SoldThe identity of the buyer for Nassau Broadcasting’s WXTP-FM North Windham ME isn’t much of a surprise. The winning bidder for the station has been LMAing it since June 2010.

The buyer is The Presence Network, a noncommercial outfit with two operating FMs and two more awaiting construction – all of them in Maine. The company, headed by Roger Pomerleau, is noncommercial.

WXTP serves the Portland ME market with a Class A signal on 106.7 MHz with 810 W @ 623’. It is oriented to the north of town and hits most of the city.

The price for the station will be $250K.

TPN has will have another station more or less in the market, once it completes construction on WTBP-FM Bath, earmarked for 89.7 MHz with 10.5 kW @ 286’. It will serve the area up the coast to the northeast of Portland, and will not throw a primary contour over the city.

TPN’s other stations include WXBP-FM Corinth, WWTP-FM Augusta and WFGP-FM CP Green, all in Maine.

The company has been paying a mere $10/month to rent WXTP, and also covers certain expenses.