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Salem is buying back 760 WLCC from RR

byron

byron

Salem is going re-purchase WLCC from Relevant Radio for $600K.
This is according to news releases from RBR and Radio Insights.
No confirming details seen on the coming format, just yet.

They just sold this station back in 2019 along with WWMI for over 8 million.
They're buying it back now for about half as much as they originally paid for it back 2012 when the originally acquired it from
Minority Media & Telecommunications Council, and MMTC received it as a donation from Mega.

I mean it's this and WSUN in the same week for speculation-discussion topics. It's been quiet otherwise, so we'll take the scraps.

Byron
 
This caught my attention, as Salem had also sold stations in the Houston and DFW markets to Relevant Radio in 2019. Why would Relevant give up the TSP operation so soon?
 
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