CBS Sells West Palm Beach Cluster
April 10, 2012 at 8:19 AM (PT)
CBS CORP. is selling its five-station WEST PALM BEACH cluster to PALM BEACH BROADCASTING LLC for $50 million. The stations include Country WIRK, AC WEAT (SUNNY 104.3), Urban AC WHFS (B106.3), Top 40/R WMBX (X102.3), and Top 40 WPBZ (NOW 103.1).
"It is extremely gratifying to add these excellent stations to our community-focused radio service in the PALM BEACH market," said DEAN GOODMAN, CEO of PALM BEACH BROADCASTING, which owns Hot AC WRMF in the market. "Radio broadcasting is experiencing a renaissance in the digital age, and we are pleased to be a part of that effort."