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NERW / Sale of WNNZ
- Subject: NERW / Sale of WNNZ
- From: mwaters@wesleyan.edu (Martin J. Waters)
- Date: Sat, 10 Oct 1998 05:01:54 -0400
>NERW wrote:
>And we hear $1.2 million was the sale
>price for Clear Channel's takeover of WNNZ (640 Westfield).
That's about $400K per rating point.
Has anyone heard anything about whether Clear Channel might have
plans to revive the expired or surrendered C.P. that WNNZ never built. It
was to increase night power from 1 kW to around 9 to 10 kW (it was an odd
number--9.4 or something). It seems as though the C.P. went off the books
somewhere around 18 months ago.
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