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Atlantic City/Cape May Equity Atlantic City To iHeart

wcmc and wmid are being sold to wibbage

is equity communications going to be a digital marketing only company?
 
wcmc and wmid are being sold to wibbage

is equity communications going to be a digital marketing only company?
I suppose Gary could theoretically put a car wash in Bayport One...but I think what you just said is more likely.
 
WAYV, WZXL, WGBZ and WTTH are joining iHeart's Existing stations in Northern NJ to make NJ part of iHeartMedia
 
Are they adding it with their Sussex Cluster? That's very far away.
Doubt it. I think they just meant that they're adding this market to their NJ holdings.

Closing has to be coming soon, right? The announcement was made a few days before WJBR announced VCY was purchasing them. I know every situation is different, there could be hiccups etc...
 
Doubt it. I think they just meant that they're adding this market to their NJ holdings.

Closing has to be coming soon, right? The announcement was made a few days before WJBR announced VCY was purchasing them. I know every situation is different, there could be hiccups etc...
 
Thank you! And of big note from the article:

"One of Fisher’s requirements for selling his Equity stations was that the staff be protected and retained, to which iHeartMedia agreed. There also should be no format flips or changes."

The staff being retained is big. (Although that could mean something like WAYV putting Elvis Duran on in the AM and moving the current AM hosts to different shifts). No format flips doesn't surprise me either, although what format holes would there be for iHeart to flip something to anyway?
 
I don’t buy it, TBH. If iHeart had said, “We’re paying a lot of money to take these properties off your hands, and we’ll do with them as we please,” does anyone think that would have stopped him from selling? I mean, seriously.
 
Thank you! And of big note from the article:

"One of Fisher’s requirements for selling his Equity stations was that the staff be protected and retained, to which iHeartMedia agreed. There also should be no format flips or changes."

The staff being retained is big. (Although that could mean something like WAYV putting Elvis Duran on in the AM and moving the current AM hosts to different shifts). No format flips doesn't surprise me either, although what format holes would there be for iHeart to flip something to anyway?
I don’t buy it, TBH. If iHeart had said, “We’re paying a lot of money to take these properties off your hands, and we’ll do with them as we please,” does anyone think that would have stopped him from selling? I mean, seriously.
'I could be wrong, but those requirements arent enforceable.. i heart could agree to them, and a day after the closing, fire all the staff and change every format. the previous owner could then sue but that suit wouldnt last long.

but if stuff liek that is built in, its probably for a pre set time, like a year.,...

If iheart holds true to their word at least in the short term, expect tweaks.. their voice guy (s) some of their VT Talent, maybe changing some station names, tweaking formats.
 
I would hope the promise of retaining staff is in the sales contract. Even if it is, as noted above they could change time slots or even possibly be transferred within this group or cluster of stations. “Should be” no format flips sounds very ambiguous and not binding.
 
WMID Atlantic City radio station started in 1947 has been sold , and their warehouse is being cleaned out or auctioned off.

My question here is, does anybody know of this and when it’s going to happen?
 
Looks like iHeart has closed on the sale and taken control of the stations. All of the station websites are down, but if you add iheart to the original URL, the new sites come up. (For example: 95.1 WAYV - South Jersey's #1 Hit Music Station)
Don't go off the schedules of the website to make any determinations of who remained or didn't. I'm told things are still in flux and that's why none of the local shows are on there yet.
 
Don't go off the schedules of the website to make any determinations of who remained or didn't. I'm told things are still in flux and that's why none of the local shows are on there yet.
Yeah, I heard on-air a promo on WAYV for Mike and Diane in the morning, but they weren't on the website, so I figured they're still shuffling some stuff around.
 
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