NextMedia selling 2 stations

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bbrasky
Posts: 9
Joined: Thu Dec 10, 2009 4:07 pm

NextMedia selling 2 stations

Post by bbrasky » Mon Apr 05, 2010 3:48 pm

http://www.rbr.com/radio/radio_deals/23017.html

Just read this and am kinda shocked!! They are required to be brought into compliance with the market-based definition when the licensee changes hands unless they are sold to an eligible entity.

The protected portfolio of NextMedia includes two AMs and five FMs in each market.

Remaining in Chicago: WERV-FM Aurora IL, WRXQ-FM Coal City IL, WCCQ-FM Crest Hill IL, WJOL-AM/WSSR-FM Joliet IL and WKRS-AM/WXLC-FM Waukegan IL.

musicninja
Posts: 23
Joined: Fri Nov 13, 2009 3:30 pm

Re: NextMedia selling 2 stations

Post by musicninja » Wed Apr 14, 2010 2:14 pm

Yes the broadcasting laws in my opinion are a little shady. Will be interesting to see who bids on these and what they'll do.

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