Tuesday, November 15, 2011

Media Services Group announces purchase and sale of radio cluster in Wilmington, NC

We're pleased to announce that Davis Media LLC has entered into an asset purchase agreement to acquire the Sea-Comm radio cluster serving Wilmington, NC. The sale is subject to FCC approval.

The stations (all in North Carolina) include:

WBNE(FM), Wrightsville Beach
WLTT(FM), Bolvia
WSFM(FM), Carolina Beach
WNTB(AM), Topsail Beach
WUIN(FM), Oak Island
W240AS, Wilmington

An LMA will start immediately.

Davis Media also owns stations serving Williamsburg, VA (WBQK-FM and WTYD-FM). The seller has no remaining broadcast interests.

I represented the seller in the transaction. More information is available HERE.

Media Services Group