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Gulf Coast Broadcasting Acquires Three in Panama City FL
| RADIO ONLINE | Tuesday, December 4, 2018 |
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Gulf Coast Broadcasting has agreed to acquire three stations in the Panama City, FL, DMA from Powell Broadcasting. Included in the deal are 50kW WASJ-FM (105.1), 50kW WRBA-FM (95.9) and 100kW WKNK-FM (103.5), all of which are currently listed as off the air. Powell Broadcasting is a wholly-owned unit of The Powell Group and also owns radio stations in Sioux City, IA.
Gulf Coast is a Florida-based company, headed by Samuel Rogatinsky, who is also the principal of Palm Beach Radio Group, which owns three stations there.
Kalil & Co. brokered the transaction.
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