Industry News & Blogs
Currents Headlines from the February 2012 Issue
The online headlines from the February 2012 issue of RADIO magazine.
Radio legend Bill Drake dies
Bill Drake, who turned 1960s top 40 AM radio into Boss Radio on KHJ and other stations, died Saturday of cancer in West Hills, Calif..Obituary, news from the entertainment source: Variety.Radio legend Bill Drake dies.
Quarterly Earnings: Sinclair Posts Gain in Q1 Broadcast Revenue
Sinclair Broadcast Group reported broadcast revenues from continuing operations were $160.9 million for the first quarter, up 8.5% versus the first quarter of 2007.
Dick 'Huggy Boy' Hugg
Return To Variety.com home page Variety.com Dick 'Huggy Boy' Hugg Radio personality and disc jockey By ASSOCIATED PRESS Dick "Huggy Boy" Hugg, a Los Angeles radio personality and disc jockey who forged a career playing R&B hits on AM radio stations starting in the 1950s, died of cardiac arrest Aug.
PPMs Pass U.K. Test
U.K. audience-research company RAJAR has passed Arbitron's "Portable People Meter" through to the next round of testing.
Wheel 's Sajak moonlights on radio
Sajak Broadcasting Corp., owned by Wheel of Fortune host Pat Sajak, will begin operating radio station 1590-AM in Ocean City, Md., Dec. 1.
Combos
WLAK(FM) Huntingdon and WIEZ(AM)-WMRF-FM Lewistown, Pa.Price: $2.5 million (includes $1.95 million cash; includes three-year noncompete agreement)Broker: First Media Radio LLC, Easton, Pa. (Alex Kolobielski, president/member; First Media Radio Holdings LLC, member [Richard E. Marriott,
Combos
KDOM-AM-FM Windom (near Sioux Falls, S.D.) Minn. Price: $1.25 million Buyer: Results Radio Inc., Winona, Minn. (Jerry Papenfuss, president); owns two other AMs and three other FMs, all in Minnesota. Papenfuss owns three AMs and three FMs, also in Minnesota Seller: Windom Radio Inc., Windom (Rich
COMBOs
Three-way swap involving WHK-FM Canton, WHK(AM) Cleveland, WCLV(FM) Cleveland and WAKS(FM) (formerly WZLE) Lorain/Cleveland, Ohio Value: Reported $35 million (includes $18.5 million from Salem Communications to Radio Seaway; $8 million from Clear Channel to Salem) Swapper, WHK-am-fm/ acquirer, WCLV
COMBOS
WLIL-AM-FM Lenoir City/Knoxville, Tenn.Price: $1 millionBuyer: B.P. Broadcasters LLC, Chattanooga, Tenn. (Zollie D. Cantrell, chief manager); no other broadcast interestsSeller: WLIL Inc., Lenoir City (Dwight Wilkerson, president). Wilkerson owns WLIK(AM) Newport, Tenn.Facilities: AM: 730 kHz, 1 kW
