Entercom Spins Rochester Trio Into Trust
April 17, 2008 at 5:41 AM (PT)
ENTERCOM has filed the paperwork to put three ROCHESTER stations into a trust for spinoff pursuant to the FCC's order granting the company's purchase of several stations from CBS RADIO. AC WRMM (WARM 101.3), Alternative WZNE (THE ZONE 94.1), and Adult Hits WFKL (FICKLE 93.3) are being placed in the ROCHESTER TRUST, headed by PEARLMAN ADVISORS' DAVID PEARLMAN, and will be sold by the trust.
Also filed with the FCC, a receiver is selling Smooth Jazz WCIN-A/CINCINNATI to AMERICAN BROADCASTING, LLC out of bankruptcy. Receiver ROBERT L. COX is transferring the station to the buyer pursuant to a court order after no other bids were submitted for the station, which was owned by J4 BROADCASTING before the receivership.
MAGPIE COMMUNICATIONS, LLC is buying FM translator K280BZ/WENATCHEE, WA to PENGUIN RADIO, LLC for $1,000.