NextMedia selling 2 stations
NextMedia selling 2 stations
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.
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.
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musicninja
- Posts: 23
- Joined: Fri Nov 13, 2009 3:30 pm
Re: NextMedia selling 2 stations
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.