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Costa Media to Acquire WFAX/Washington DC for $800K

Media Services Group

Costa Media Boston LLC has agreed to acquire Christian WFAX-AM (1220 kHz), licensed to Fairfax, VA, and its FM translator W264BD, from Newcomb Broadcasting Corporation. Both serve the Washington, DC metro area. The total purchase price is $800,000.

The buyer, Costa Media, is an Hispanic-focused media and marketing company which also operates broadcast properties in the Boston market. Costa Media is headed by Jose M. Villafane. This is their first entry into the Washington, DC market.

Seller Newcomb Broadcasting Corp, headed by Doris Newcomb, exits station ownership with this sale.

Eddie Esserman of the St. Simons Island office of Media Services Group served as the broker representing the seller.

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Camp Broadcast: Camp Broadcast benefit concert ''Hoosier Country Jam'' was held last week in Bloomington, IN with proceeds going towards Camp Broadcast students scholarships. L-R: Jake Dodds, Sam Alex, Michael Ray, Hank Ruff, Mason Ramsey, Clayton Anderson and Dylan Schneider.

Costa Media to Acquire WFAX/Washington DC for $800K

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Costa Media to Acquire WFAX/Washington DC for $800K

Latest Radio Stories

Follow us on:

Copyright © 1989-2024 RADIO ONLINE ®

Copyright © 1989-2024 RADIO ONLINE ^®