Monday, December 22, 2014

WEZV-FM, WYEZ-FM and WGTN-FM (Myrtle Beach) Sold

PRESS RELEASE
December 22, 2014

WEZV-FM, WYEZ-FM and WGTN-FM (Myrtle Beach, SC) have been sold by Fidelity Broadcasting Corporation to Compass Radio Group LLC for $1,600,000. Fidelity is headed by Jerry Bresson and Compass by Bob Woodward (55%) and John Trent (45%). Compass is already programming the stations under a Time Brokerage Agreement.  The sale is subject to FCC approval.

WEZV-FM (Easy 105.9), North Myrtle Beach, is a Class C3 on 105.9 MHz with 17 kW @ 361’. It is simulcast on sister WGTN-FM, known as Easy 100.7. WGTN-FM is a Class A with 3.1 kW @ 446’.
WYEZ-FM (Movin 94.5), Murrells Inlet is a Class C3 on 94.5 MHz with 12 kW @ 476’. The format is Rhythmic Oldies.

I represented the seller.

George
Media Services Group