Travel on I-86, or N.Y. Route 17, between Elmira and Binghamton, N.Y., and you’ll actually slip into a small slice of Pennsylvania for a mile or two. This is where Sayre, Pa., is located, and it’s the home of an AM/FM combo simulcasting as “The Choice.”
It’s now the election of the stations’ licensee to sell the stations, leaving it up to the incoming owner to decide whether or not he’ll keep the current programming.
For $450,000, Charles C. Carver Jr. and his Wats Broadcasting Inc. is agreeing to sell WATS-AM 960 in Sayre, Pa., a Class D with 5kw daytime and 50 watts at night from 1 tower, and Class A WAVR-FM 102.1 in neighboring Waverly, N.Y.
The buyer is Wats Up LLC, led by Owego, N.Y.-based David Radigan. He’s the owner of Adult Contemporary WEBO-AM and W300BV at 107.9 in Owego, and its “MyHometownToday.com.”
This gives Wats Up ownership of a trio in the Southern Tier, where radio signals from Binghamton, Ithaca, Cortland and Elmira converge, making local radio essential when seeking to reach listeners with relevant advertising and news.
A $50,000 escrow deposit is being held by Landy & Rossettie PLLC.
The remaining funds will be held to a Promissory Note.
There is no broker or finder in this transaction.