WVFJ-FM, a commercially-licensed station serving the southern portion of the Atlanta market is going from a company headed by Michael L. Watkins, to a growing non-profit chaired by Michael L. Watkins. The purchasing entity is the Radio Training Network.
Watkins is chairman of RTN, which owns and operates stations used to educate and train prospective religious broadcast employees. He is one of three individuals who are on the board of the seller and the buyer – James L. Campbell is President of RTN and Lee Freeman is VP.
The seller is Provident Broadcasting Company, which according to Patrick Communications Broker Greg Guy is a subsidiary of Watkins Associated Industries, Inc. Michael Watkins is listed as President/CEO of the selling entity.
The price is $4M, with $1M paid in cash and the remainder paid pursuant to terms of a promissory note.
The station, which Guy says utilizes a Christian AC format, is licensed as a C1 in Manchester GA on 93.3 MHz with 27 kW off a 1,611’ HAAT antenna. It is upgrading to C0, and upping its power to 38 kW. That improvement comes with a city of license change to Greenville GA, but does not involve any change in HAAT or transmitter site coordinates.