Nassau Does not own WHWH.... MRBI Owns WHWH
as for the Towers
Nassau sold the land and towers to Pinical,now Global.
The towers are leased.
In todays radio market seems weird that you spend Megabucks to Buy a station
Yet you downt own the land or the Towers your station operates from. In the case of these 2 AM stations. The towers are the Antennas. So you Dont Even own the Antenna System. What a dumb move. Tax Wise I guess its smart.. take the Lease as a business expense,and write it off.
> > Yesterday at midnight, Neal flipped the switch off for
> WHWH
> > 1350. It went off in the middle of a spot after the top
> of
> > the hour, with nothing fancy, not even an announcement.
> > What's going to happen with its towers?
>
> Nothing yet. Nassau, along with many other owners of
> expanded-band AMs, recently filed a petition with the FCC
> asking the Commission to revisit its X-band rules to allow
> stations like WHWH to return to the air and be sold to small
> owners. If the petition is granted, WHWH could still come
> back, and until the FCC rules on it, Nassau would be crazy
> to do anything to the site. No way you could build six
> towers in that neighborhood from scratch now.
>