Small group owner WVJT, concentrating in central and western Virginia, has signed an agreement to acquire WVMP(FM) in Roanoke, Va., from businessman Dr. William Amos. The price is $600,000.
WVJT just started operating WVMP under an LMA. Amos cited his other businesses as his reason for selling, “My workload as CTO of Meridium and other software ventures has increased.” He added, “I’m quite proud of the gains the station has made over the past eight months in terms of revenue and improved signal. It’s good to leave the station on an up note.”
As part of the deal Amos will become a shareholder of WVJT LLC. George Reed of Media Services Group was the seller’s broker.
In translator transactions, the Board of Trustees of The American University, Washington, has agreed to sell a pair of translators in central Maryland — W228AB-FX and W228AM-FX to Manning Broadcasting. The price is $100,000. The brokers for the sellers were Larry Patrick and Jason James of Patrick Communications.
In Georgia, translator W299CA at Statesboro is being sold by Radio Statesboro to the Beasley Media Group for $50,000. Bob Heymann of MSG was the broker.
If you have station sales news forward to the Radio World Station Sales Desk.