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NextMedia selling 2 stations

Posted: Mon Apr 05, 2010 3:48 pm
by bbrasky
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.

Re: NextMedia selling 2 stations

Posted: Wed Apr 14, 2010 2:14 pm
by musicninja
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.