FCC Approves Transfer of WVXU to WGUC - Radio World

FCC Approves Transfer of WVXU to WGUC

FCC Approves Transfer of WVXU to WGUC
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The FCC has approved the transfer of WVXU(FM) and its six affiliated stations to Cincinnati Public Radio. The notice sets into motion the final steps in completing the stations' purchase from Xavier University. Cincinnati Public Radio expects to assume operation of the stations by late August.
The asset purchase agreement for WVXU and its X-Star Network was announced in March; it's valued at $15 million. Xavier University wants to sell the stations to fund an expansion.
The purchase allowed CPR to meet its strategic goals as well, allowing WGUC, broadcasting in IBOC and also multicasting, to get a second frequency.
The format is a mix of classical music and news.
WGUC President/GM Richard Eiswerth expects WGUC to eventually become all-classical while its news and information programming would shift to WVXU.
Patrick Communications brokered the sale for Xavier and Public Radio Capital represented WGUC in the transaction.

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