To the west of New York’s Capital District is a town that’s served as home to a Class C AM offering news and information as part of a community commitment that dates to 1944.
Now, an owner of radio stations in nearby Albany and in Worcester, Mass., has purchased this property in a deal brokered by Kozacko Media Services.
For a purchase price of $390,000, Thnk Tank Media is acquiring WENT-AM 1340 in Gloversville, N.Y. and FM translator W286CD at 105.1 in Gloversville.
The seller is Whitney Radio Broadcasting, led by Jack Scott and his brother, Jonathan Clark. They’ve owned WENT for 32 years, and with the stations sale they exit radio broadcasting.
WENT is a recipient of the Edward R. Murrow Award for Best Investigative Reporting, and that legacy will now be given to Thnk Tank principal Michael Schaus.
The purchase marks Schaus’ entry into radio ownership, following a 30-year career that has led to his current role as an AE for Lamar. He’s held the job since December 2014.
Before that, Schaus was Asst. GM and GSM for Regional Radio Group, based in the Glens Falls-Lake George area to the north of Albany.
He’s also been a Sr. AE for Townsquare Media‘s Albany, N.Y. stations.
From November 2004-October 2008, Schaus was based in Worcester, Mass., working with Clear Channel Communications’ stations in the near-Boston market as VP/Market Manager, rising from Director of Sales.
From 1989-1992 he was GSM of WQBK “Q104” in the Albany market.
The exclusive broker in this transaction, which has not yet been filed with the FCC, is Dick Kozacko of Kozacko Media Services.