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Red Wolf Broadcasting Closes on Four from Davidson
RADIO ONLINE | Thursday, February 11, 2016 | 4:40pm CT |
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Red Wolf Broadcasting Corp. has closed on its previously announced acquisition of four outlets from Davidson Media Group in Providence RI, Hartford MA and Springfield MA. Included in the deal are 1.55 kW Spanish WKKB-FM (Latina 100.3)/Providence, 1kW Spanish WSPR-AM (Power 1270) and 0.83kW WACM-AM (1490)/Springfield, as well as 2.5 kW Spanish WXCT-AM (990)/Hartford. Red Wolf has been operating the stations under a Local Marketing Agreement (LMA).
Red Wolf is owned by local Connecticut broadcaster John Fuller, who said, "I am very excited to expand my reach with the Davidson Stations and continue my rollout of being the radio voice of the Hispanic Boom."
"The current Davidson employees will remain in place and will be given an opportunity to join our team when ownership change is approved," added Fuller. "There has never been a better time to be a local broadcaster, people are on the go and radio goes with them in the car, at work and radio has doubled its listening potential with online streaming". Fuller added, "I have a passion for the radio industry and my team thrives on being involved in the community.
Included in the purchase are five radio towers and various real estate. Richard A. Foreman Associates, Inc. of Stamford brokered the transaction.
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