City Buys Building, Property Of WSVM-A/Valdese, NC To Expand Cemetery
January 4, 2012 at 4:18 AM (PT)
GHB Classic Hits WSVM-A (1490 V-RADIO)/VALDESE, NC may go dark as the company has reached a deal to sell the property under its towers and studio to the town of VALDESE for the expansion of a nearby cemetery. The MORGANTON NEWS HERALD reports that the town council voted 4-0 FRIDAY (12/30) to pay GHB $70,000 for the building and property at 1117 Praley Street, allowing the municipal-run cemetery to expand.
BANNON BROADCASTING CO., which had been operating the station under a lease arrangement, did not renew its lease for WSVM, allowing it to expire MONDAY. The station was silent for three months in 2010.