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More 104.9 Stuff

From Northeast RadioWatch: http://www.fybush.com/nerw.html



Doug Lane's sale of WWDL (104.9 Scranton), WICK (1400 Scranton) and WYCK (1340 Plains) to Bold Gold Media won't close the legal case against Lane, who was convicted of child molestation earlier this year and now awaits sentencing. It will, however, end the uncertainty that surrounds the stations - if it's approved.

Bold Gold, whose principals include Bob Vanderheyden (the first PD of oldies WCBS-FM, years ago, and now serving as the stations' general manager), began operating the stations under an LMA last week. While details of the sale haven't been released, the deal reportedly won't yield any profit to Lane, with proceeds from the stations instead going to Lackawanna County (for a victims' restitution fund) and to non-profit groups.

Bold Gold also owns WDNH, WYCY and WPSN in nearby Honesdale; its acquisition of the Lane stations still requires FCC approval, which isn't a certainty. While the deal has the support of county officials, the Commission could still do what it's done with other convicted felons, simply revoking the stations' licenses and leaving the frequencies dark pending an auction that could take years. Lackawanna County DA Andy Jarbola tells Inside Radio that he hopes the FCC will recognize that the deal he's worked out with Bold Gold and Lane is in the public interest, preserving the jobs at the Lane stations and keeping them from going silent.
 
That's my fear. The FCC might not, legally, give a poof about jobs, LMA's, good intentions or anything else, if the law says there should be an auction. Let us hope they will look favorably on this attempt to make the best out of the worst situation and Bob's rep as a station owner willing to take the risk.


>>>The Commission could still do what it's done with other convicted felons, simply revoking the stations' licenses and leaving the frequencies dark pending an auction that could take years.<<<<P ID="signature">______________
Use "Radio-Info" in e-mail subject line.</P>
 
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