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Grace Broadcasting

F

FUN

Does anyone know if Grace Broadcasting in Tennessee is in any money trouble? I heard they want to sell off some stations?
 
They have tried, and even have changed their minds a few times. They truly buy low and want to sell high, and do very little in between to garner a higher price.
 
I dunno; but the owners also own BANKS...so if there is ever any real money trouble...they may very well have a nice line on someone to help them with a quick loan! 'Course...the banks could go to!
 
They have a station in Trenton/Milan/Humboldt triangle somewhere that does a very credible job on Friday nights with a high school scoreboard show....I think it's 97.7. Has a pretty good signal in most of West TN.
 
1250WTAE said:
They have tried, and even have changed their minds a few times. They truly buy low and want to sell high, and do very little in between to garner a higher price.
Click to expand...

Who wouldn't! That the way of the world, even outside the radio/media biz. Trust me, Grace Broadcasting is doning fine. They are not hurting for nothing.
 
Grace sold WTNE 97.7 and WTKB 93.7 a few months back. 97.7 went to an urban gospel format and 93.7 stayed CCM but with more talk in the morning and more Gibson County sports coverage. I take it they're getting out of the CCM format since they sold 93.7 and changed 93.9 in Selmer to Southern gospel after K-LOVE coming into the area. I've read where some posters in the Nashville area think they will change 94.5 in Dickson to SG once it is moved closer to Nashville and that really wouldn't surprise me either.

I think that Grace did a good job in selling 93.7 to a group that would keep the CCM format rather than to the first or highest bidder. Sometimes I wish though that they had sold to EMF to possibly bring in Air 1.
 
anotherguy said:
Grace sold WTNE 97.7 and WTKB 93.7 a few months back. 97.7 went to an urban gospel format and 93.7 stayed CCM but with more talk in the morning and more Gibson County sports coverage. I take it they're getting out of the CCM format since they sold 93.7 and changed 93.9 in Selmer to Southern gospel after K-LOVE coming into the area. I've read where some posters in the Nashville area think they will change 94.5 in Dickson to SG once it is moved closer to Nashville and that really wouldn't surprise me either.
I think that Grace did a good job in selling 93.7 to a group that would keep the CCM format rather than to the first or highest bidder. Sometimes I wish though that they had sold to EMF to possibly bring in Air 1.
Click to expand...
Were these the stations that were once owned by Thunderbolt Broadcasting (parent company of WCMT in Martin)? I know that they owned some stations in Gibson County briefly several years back. Not sure why they sold them.
 
firepoint525 said:
anotherguy said:
Grace sold WTNE 97.7 and WTKB 93.7 a few months back. 97.7 went to an urban gospel format and 93.7 stayed CCM but with more talk in the morning and more Gibson County sports coverage. I take it they're getting out of the CCM format since they sold 93.7 and changed 93.9 in Selmer to Southern gospel after K-LOVE coming into the area. I've read where some posters in the Nashville area think they will change 94.5 in Dickson to SG once it is moved closer to Nashville and that really wouldn't surprise me either.
I think that Grace did a good job in selling 93.7 to a group that would keep the CCM format rather than to the first or highest bidder. Sometimes I wish though that they had sold to EMF to possibly bring in Air 1.
Click to expand...
Were these the stations that were once owned by Thunderbolt Broadcasting (parent company of WCMT in Martin)? I know that they owned some stations in Gibson County briefly several years back. Not sure why they sold them.
Click to expand...

I know WTKB was, so I imagine WTNE was as well...this would have been around 2001/2002.

NSCC
 
Paul Tinkle is a great, down to earth guy, and his wife is a nice lady. My wife and I was on the plane with them going to NAB 2006. They are wonderful people.
 
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