Will Eagle Broadcasting Leave Radio?
Fri Nov 9 14:30:42 EST 2012
The Lawrence, Mass Eagle-Tribune newspaper is in the process of a major layoff (21 people from a not very large staff). The
paper is also part-owner of Costa-Eagle broadcasting, owner of WCCM-AM 1110 in Salem, NH; WCEC-AM 1490 in Haverhill, MA;
WNNW-AM 800 in Lawrence, MA (plus a translator at 102.9 FM); and WNSH-AM 1570 in Beverly, MA. Radio is not a core
business for a newspaper publisher. Prices for mostly-AM properties will never be higher. Would the Eagle half of the
enterprise wish to divest itself of these properties to raise cash? WNSH-AM has an application to boost WNSH-AM
to 50K. Would that go by the wayside because of a cash crunch? Are there desirable facilities here for someone? (WCAP-AM 980
Lowell to buy the 102.9 translator and move it to Lowell). National syndicate Salem Communications has announced it's in
the market for new radio-station purchases. Is it full-up in Eastern Massachusetts. My question-mark key has stopped working.
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