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Rev. Joo Buys Richmond AM
February 13, 2006 at 2:13 PM (PT)
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MOUNT RICH MEDIA is buying Religion WBTK-A/RICHMOND from SALEM for $1.5 million. MOUNT RICH is owned by Rev. SUN YOUNG JOO, owner of WMBC-TV/NEWTON, and VICTOR JOO, co-owner with SUN YOUNG JOO of MOUNT OCEAN MEDIA's Spanish Religion WWGB-A (PODER 1030)/INDIAN HEAD, MD-WASHINGTON, and Gospel WPWA-A (PRAISE 1590)/CHESTER-PHILADELPHIA. JOHN PIERCE of JOHN PIERCE AND CO. served as exclusive broker on the deal.

