10 Nassau Stations Go To NB Broadcasting LLC
May 30, 2012 at 3:58 AM (PT)
Ten NASSAU BROADCASTING stations in NEW JERSEY and PENNSYLVANIA are being sold in bankruptcy to NB BROADCASTING LLC, headed by DOUGLAS A. PLUSS, for a credit bid (by NASSAU's lenders led by GOLDMAN SACHS) of $38.7 million plus $1,633,890 for administrative costs and assumption of liabilities.
In the LEHIGH VALLEY, the sold stations include Classic Hits WODE-F (99.9 THE HAWK)/EASTON, PA; Sports simulcast WEEX-A/EASTON, PA-WTKZ-A/ALLENTOWN, PA (ESPN 1230 AND 1320); Religion WBYN-A (THE LIGHT 1160)/LEHIGHTON, PA; and Active Rock WWYY (107 THE BONE)/BELVIDERE, NJ.
In the POCONOS, Talk WVPO-A and Hot AC WSBG/STROUDSBURG are being sold to NB.
in NEW JERSEY, the stations being transferred include Top 40 WPST and Religion WCHR-A/TRENTON, NJ and Spanish Sports WNJE-A (ESPN DEPORTES RADIO)/FLEMINGTON, NJ.
Sounds of Silence
In another filing with the FCC, CUMULUS' RADIO LICENSE HOLDING CBC, LLC has requested an extension of its Silent STA for WIBR-A/BATON ROUGE, which was destroyed in a tropical storm and the rebuilding of which CUMULUS says it has "discovered the situation is more complex than it first appeared."
GOSPEL ECHO INC. has applied for a Silent STA for KBNO-F/WHITE SALMON, WA due to electrical failure.
And WHFB BROADCAST ASSOCIATES LIMITED PARTNERSHIP has closed on the sale of Country WHFB-F (REAL COUNTRY 99.9)/BENTON HARBOR, MI-SOUTH BEND, IN to DOUGLAS ROAD RADIO, INC. for $20,000.