In this week’s issue… Equity sells in Atlantic City – Evanov shuts down Canadian AM – NYSBA Hall of Famers named – Remembering Maine’s Snyder, BZ’s Coop – Tower down in Philly
By SCOTT FYBUSH
Jump to: ME – NH – VT – MA – RI – CT – NY – NJ – PA – Canada
*It’s a rare headline these days: iHeart Media entering a new radio market with the acquisition of an entire station cluster. But it happened this past week in Atlantic City, NEW JERSEY, where the company is paying just $2 million to enter the market with the purchase of Equity Communications’ FM stations.
In this case, however, Equity’s stations appear to represent a bargain that iHeart couldn’t pass up. The Atlantic City market is tightly linked to nearby Philadelphia, where the company is a dominant player with formats that closely match what it’s buying in Atlantic City.
That’s top-40 WAYV (95.1) and classic rock WZXL (100.7 Wildwood), both class B signals, along with two class A signals, adult R&B “Touch” WTTH (96.1 Margate City) and rhythmic CHR “Buzz” WZBZ (99.3 Pleasantville). The deal comes with only a few air personalities on WAYV and WZXL, making it easy to import iHeart’s own voices in what has become the company’s small-market model.
As for Fisher and Equity, the company is left with two stations after the iHeart sale: oldies WMID (1340) in Atlantic City and WCMC (1230) in Wildwood. There’s no word yet on what will become of those stations.
THANK YOU TO ALL OUR CUSTOMERS!
The 2024 Tower Site Calendar is very, very nearly sold out.
We are so happy that we have so many supporters after nearly a quarter century of doing this. We especially appreciate the nice comments we receive from our longtime buyers.
We will not be reprinting this year’s calendar, so if you want one, order it now. We still have some previous years available if you need to fill in any gaps.
In the meantime, we still have some great broadcasting books. Check out the store!