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Showing posts with label Pamal. Show all posts
Showing posts with label Pamal. Show all posts

Wednesday, January 1, 2014

Pamal Donates Station

12-31-13

Originally the station had planned to go dark, however, at the last minute, WGHQ-AM owner Pamal Broadcasting donated the station to WHDD owner Tri-State Public Communications. WHDD-FM operates out of Sharon, Conn as "Robin Hood Radio." The deal was signed yesterday. Pamal owner James Morrell changed his mind last week after Tri-State co-founder Marshall Miles, who worked for WGHQ in the 1970s, approached him with the idea of donating the station to Tri-State to keep it from going dark. More details from UPI HERE



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Tuesday, May 15, 2012

Pamal to Divest 2 FM's to Cumulus

This news was part of the Cumulus earning s call last week and now the release from broker Glen Serafin confirming Pamal has entered into a definitive agreement to sell and transfer, subject to FCC consent, its two Pensacola FM's to Cumulus. The stations are Country formatted Class ?C? WXBM-FM licensed to Milton FL and Soft Rock formatted Class ?C0? WMEZ-FM licensed to Pensacola FL.  The price to be paid for the radio stations is $6.5 million. 

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Wednesday, May 9, 2012

Pamal Sells 2 FM's in Pensacola to Cumulus for $6.5 Million

5-7-2012

The calls are WMEZ-FM (Soft rock) and WXBM-FM (Country) and the final two stations Pamal had in Florida. The company is based out of Albany, New York. Cumulus CEO Lew Dickey made the announcement during the company earnings call Monday afternoon. Cumulus already had somewhat of a presence in both Mobile and Pensacola and this purchase helps them round out there clusters there.



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