Compass Acquires 3 in Myrtle Beach for $1.6 Million
RADIO ONLINE | Monday, December 22, 2014 | 4:40pm CT
Compass Radio Group has agreed to acquire three outlets in Myrtle Beach, SC, from Fidelity Broadcasting Corp. for $1.6 million, pending FCC approval. Included in the deal are 17kw WEZV-FM (Easy 105.9), 12kw WYEZ-FM (MOViN 94.5) and 3.1kw WGTN-FM (Easy 100.7). Fidelity is headed by Jerry Bresson and Compass by Bob Woodward (55%) and John Trent (45%). Compass is already programming the stations under a Time Brokerage Agreement (TBA).
George Reed of Media Services Group represented the seller.
RADIO ONLINE | Monday, December 22, 2014 | 4:40pm CT
Compass Radio Group has agreed to acquire three outlets in Myrtle Beach, SC, from Fidelity Broadcasting Corp. for $1.6 million, pending FCC approval. Included in the deal are 17kw WEZV-FM (Easy 105.9), 12kw WYEZ-FM (MOViN 94.5) and 3.1kw WGTN-FM (Easy 100.7). Fidelity is headed by Jerry Bresson and Compass by Bob Woodward (55%) and John Trent (45%). Compass is already programming the stations under a Time Brokerage Agreement (TBA).
George Reed of Media Services Group represented the seller.