WTMP may sell to White-Owned New York Investment Firm

[WhiskeyRobber]

http://www.sptimes.com/2007/09/15/Business/_WTMP_may_be_sold_in_.shtml

St. Pete Times reports that "A sale, if implemented, would place a white-owned company in charge of Cherry's black-centered radio stations in Tampa (WTMP), Jacksonville and Savannah, Ga. - turning over yet another locally-owned radio outlet to a company based outside the state.

Cherry's family owned company, Tama Broadcasting, this week began leasing nine radio stations to a management firm created by the New York-based investment firm, D.B. Zwirn Special Opportunities Fund."

 

[raydiodude]

ALL ACCESS says four people were out as of this week at TMP, including PD Larry Steele.

Plus the sale of WRXB from Metropolitan to POLNET was completed this week also.

So both of Tampa Bay's original urbans may be on the way out since POLNET's station run Korean programming up north.

Speaking of which, gotta at least give props to Metropolitan (also an "out of town white owned company"). Not only did they keep the urban format the entire time they owned it, they also even kept a live local airstaff

 

[sbe1]

So, what does this mean? We will have more Espanol in the Tampa market???

 

[HadYourPhil]

That's a damn shame. Bith WTMP and WRXB were unique and good! May they not change...

 

[Studio20]

apparantly there is enough green in urban AM programming to keep the white folks ledger in the black and not in the red.....