Was not expecting this.....
You'd think they would sell WPEN instead.
Am I reading this wrong?
You'd think they would sell WPEN instead.
Am I reading this wrong?
-
Get involved.
We want your input!
Apply for Membership and join the conversations about everything related to broadcasting.
After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
If you use a disposable or false email address, your registration will be rejected.
After your membership is approved, please take a minute to tell us a little bit about yourself.
https://www.radiodiscussions.com/forums/introduce-yourself.1088/
Thanks in advance and have fun!
RadioDiscussions Administrators
WJBR sold to VCY???
- Thread starter ashman887
- Start date
Wow. A class B FM serving a top 5 market going for $5 million.
Official: VCY America Acquires WJBR - RadioInsight
What the actual....?!?! I was NOT expecting this. Never in my wildest dreams.
It's a Wilmington rimshot serving parts of the Philly market.
Is Beasley gonna move 'JBR to 'PEN next?
Who knows
Last edited:
why would they? theyd go up against established FMs in same or similar formats in and adjacent to the market and lose all that revenue that sports broadcasting brings them....... sports may not always rate well, but it usually bills like the dickens.
(hot ac, ac, chr..... to the average every day listener, they are mostly the same.. only us radio people truly truly know the difference how do i know? ive worked at a few variations of an AC format and multiple people claled it all "pop music" or "Rap crap")
I was thinking that but I'm not sure how well they would do
No. That makes no sense whatsoever. This, while surprising to an extent, gives them a nice chunk of change for an asset that was a bit of an outlier. Sad for the staff.
The big story here is VCY has Christian Stations so WJBR will most likely flip to a Christian Format.
Not just “most likely”, but rather WJBR will flip to VCY’s national religious format.
VCY has been on the prowl for station acquisitions lately, resembling EMF’s expansion model. With station valuations cratering, the time is right.
To close, they have to get FCC approval. If this is a "clean and simple" sale, that is taking around a couple of months. After that, closings are usually at the end of the month in course. I'd guess October 31 for a close. Mr. Fybush can probably update us on how quickly the FCC is acting now, as I am just guessing based on recent sales I have been tracking.
If you have or get VCY in your market, youd pray and wish for Klove.
Sales in general take 60-90 days for FCC approval and closing. Most likely we're looking at mid-November.
VCY isn't going to find its audience in Wilmington, DE. They are old-school, BBN-type Christian teaching and talk programs, plus instrumental religious music late at night. They may get a few listeners who go to the Baptist churches, but not the younger Christians - or any of the secular audience. This is a big loss to Delaware radio. RIP WJBR, 1957-2023.
It’s reasonable to guess they know precisely what they’re getting and the demographics vis a vis religious affiliations.
WSTW could tweak more to hot AC after this, pick up some of WJBRs listeners.
- Status