Media Consolidation in Champaign-Urbana: Today’s

  • Media Consolidation in Champaign-Urbana: Today’s print edition of the News-Gazzette reports that Saga Communcations, owner of WLRW (94.5 FM) and WIXY (100.3 FM) has bought WKIO (Oldies 92). Other reports put the price tag at $7 million. This brings the total number of commercial FM station owners in C-U to 3:
    1. Saga

    2. AAA Entertainment–recently bought all of Liberty Media II’s stations, including WQQB (96.1), WGKC (105.9) and W (95.3), joined by the purchase of WEBX (93.5), formerly “the Web.”
    3. Professional Impressions Media Group– owner of the News-Gazzette–which owns WHMS (97.5) and WDWS (1400 AM).
  • Makes me wonder how much more things will consolidate–Saga and PIMG haven’t reached their FCC limit yet. At least WEFT isn’t for sale.

    Comments are closed.

    Powered by WordPress. Designed by Woo Themes