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WHSS/Hamilton Sold to Sacred Heart Radio For $156K
| RADIO ONLINE | Friday, August 27, 2010 | 1:53pm CT |
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The school district of Hamilton, OH, has agreed to sell WHSS-FM (89.5)/Hamilton, OH, for $156,000 to Sacred Heart Radio which operates WNOP-AM in the Cincinnati area. The 190w outlet reaches Cincinnati at the edge of its coverage. The agreement was reached on August 25 following a two-hour public auction. The auction process was required by Ohio state law regarding the sale of publicly owned assets.
Broadcast Management and Technology President/CEO Jay Meyers was retained by the school district to manage the sale process and personally conducted the auction. The parties expect to file at the FCC in the next two weeks for transfer of the license and Sacred Heart Radio will begin operating WHSS under a Local Marketing Agreement (LMA) following FCC approval.
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