WLOQ Sold To TTB Media
July 13, 2011 at 2:49 PM (PT)
GROSS COMMUNICATIONS has filed with the FCC that it has sold Smooth Jazz WLOQ/ORLANDO to TTB MEDIA CORP. for $8,037,000. TTB MEDIA has allayed itself to LINDEMANN CAPITAL, a group known to specialize in Spanish formats.
You can study the filing here.
WLOQ's current owner has written the following to staffers and advertisers:
To our many advertisers and friends,
It is with much sadness, yet also with great thanks and appreciation that I share with you my family's decision to sell 103.1 WLOQ and exit ORLANDO radio after 34 wonderful years.
What can one say about a family, radio staff, and you . . . all who have been responsible for creating the iconic format and community that is 103.1 WLOQ? "The first of its kind", "family owned & operated", "the last of the independents" -- these and every phrase fall short, when describing what has been life long friendships of the rarest kind.
From the GROSS family, past and present staff at 103.1 WLOQ, please join us in our final weeks on-air as we bring listeners, past personalities, musical super stars, community builders, and you together for one last celebration of all things 103.1 WLOQ. You won't want to miss it!
Once again, on behalf of my family and staff please accept our deepest gratitude and most heartfelt thanks for 34 fantastic years! Our very best wishes to you and yours.
GROSS COMMUNICATIONS CORPORATION