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mountaineer
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Media Markets & MoneyTM
Cash and Cary?
Radio station WEEO-AM Shippensburg PA is going from the Allegheny Mountain Network to Eric J. Swidler, according to broker Roy Rosenblum, who handled the deal. The price is 65K. After parting with the Easy Listening outlet, Allegheny will still have Modern Rocker WEEO-FM in the Hagerstown MD-Chambersburg-Waynesboro PA Arbitron market, and ten other stations in various central Pennsylvania locations. Shippensburg is located on the northern fringe of the far-flung market, and the AM version of WEEO is not listed by BIA as being a participant.
RBR observation: Longtime Allegheny Mountain Network owner and operator Cary Simpson is at least indirectly responsible for the very existence of RBR. He hired a young, freshly minted civilian to handle a radio shift at WKBI-AM St. Marys, PA, launching a career that after many twists and turns resulted in the founding of Radio Business Report by Jim Carnegie. Had it not been for Mr. Simpson, Mr. Carnegie may have headed off in a completely different direction, perhaps, as many of you who know him may now be speculating, a position somewhere in the cream soda business.
Cash and Cary?
Radio station WEEO-AM Shippensburg PA is going from the Allegheny Mountain Network to Eric J. Swidler, according to broker Roy Rosenblum, who handled the deal. The price is 65K. After parting with the Easy Listening outlet, Allegheny will still have Modern Rocker WEEO-FM in the Hagerstown MD-Chambersburg-Waynesboro PA Arbitron market, and ten other stations in various central Pennsylvania locations. Shippensburg is located on the northern fringe of the far-flung market, and the AM version of WEEO is not listed by BIA as being a participant.
RBR observation: Longtime Allegheny Mountain Network owner and operator Cary Simpson is at least indirectly responsible for the very existence of RBR. He hired a young, freshly minted civilian to handle a radio shift at WKBI-AM St. Marys, PA, launching a career that after many twists and turns resulted in the founding of Radio Business Report by Jim Carnegie. Had it not been for Mr. Simpson, Mr. Carnegie may have headed off in a completely different direction, perhaps, as many of you who know him may now be speculating, a position somewhere in the cream soda business.