How much is that AM in the window?
$3 million, at least in the nation’s 12th-largest market.
Radio Disney is selling WFDF as part of its previously announced plan to shed most of its AM station holdings. The new owner will be The Word Network, an African-American religious broadcaster founded in 2000 by current CEO Kevin Adell and his late father Franklin Z Adell.
The station is licensed to Farmington Hills, Mich., a Detroit suburb; it has a directional 50 kW day/25 kW night signal. According to an announcement from the buyer’s broker Patrick Communications, the price tag is $3 million cash at closing. The seller’s broker is Bill Schutz & Company.
Programming by The Word Network, which based in Southfield, Mich., is distributed on a number of U.S. cable systems, Sky TV in the U.K. and other platforms. It did a major facility expansion in 2012, according to its website.
The station began as WEAA in Flint, according to a Wikipedia account of its history, which also includes details about its subsequent move toward Detroit.
