On-Top/Steve Hegwood

[Braswell]

FROM INSIDE RADIO

Steve Hegwood's "On Top" group files Chapter 11.

The red ink totals $19.8M - says a filing in U.S. Bankruptcy Court in Maryland. Hegwood's the respected former Radio One chief programmer who struck out on his own in 2002. The filing shows he lost $407,229 of his own money.<P ID="signature">______________
Jay Braswell - Moderator
Atlanta/North Florida/South Carolina/Georgia Boards</P>

 

[taylorengineer]

> FROM INSIDE RADIO
>
> Steve Hegwood's "On Top" group files Chapter 11.
>
> The red ink totals $19.8M - says a filing in U.S. Bankruptcy
> Court in Maryland. Hegwood's the respected former Radio One
> chief programmer who struck out on his own in 2002. The
> filing shows he lost $407,229 of his own money.
>
Didn't "On Top" own stations in ALL-Benny?(Albany, Ga.)

 

[radionut987]

> FROM INSIDE RADIO
>
> Steve Hegwood's "On Top" group files Chapter 11.
>
> The red ink totals $19.8M - says a filing in U.S. Bankruptcy
> Court in Maryland. Hegwood's the respected former Radio One
> chief programmer who struck out on his own in 2002. The
> filing shows he lost $407,229 of his own money.
>

Wow! That's gotta hurt! It'll only be a matter of time, IMHO, before WRXZ-106.1 "aka" Hot 106, in Albany, finds itself in the hands of a receiver, or worse.

 

[Braswell]

> Didn't "On Top" own stations in ALL-Benny?(Albany, Ga.)

WFFM-Ashburn and WRXZ-Sylvester.

In addition, there's KNOU-Empire, La; WRJH-Brandon, Ms; and WWHV-Virginia Beach, Va.<P ID="signature">______________
Jay Braswell - Moderator
Atlanta/North Florida/South Carolina/Georgia Boards</P>