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Costa Media Closes on WFAX Washington DC for $800K


WFAX-AM
WFAX-AM

Costa Media Boston has closed on its acquisition of Spanish Hits WFAX-AM (1220)/Fairfax, VA, serving the Washington DC market, and its companion translator W264DB, from Newcomb Broadcasting Corporation. The purchase price was $800,000. Costa Media Boston is headed by Jose Villafane, and has additional broadcast interests in Massachusetts and New Hampshire. Newcomb Broadcasting, headed by Doris Newcomb, exits the industry with this sale.

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

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Latest Radio Stories

WRRM (Warm 98.5) in Cincinnati Flips to Christmas Music
WRRM (Warm 98.5) in Cincinnati
WRRM (Warm 98.5) in Cincinnati
WRRM-FM (Warm 98.5) in Cincinnati has officially ushered in the holiday season with its annual switch to Christmas music. At 4:45pm on Friday, the station kicked off its festive programming with Andy Williams' classic "It's the Most Wonderful Time More

Eastman Radio President Flood Retires After 35 Years
Tucker Flood
Tucker Flood
Katz Media Group has announced the upcoming retirement of Tucker Flood, President of Eastman Radio. Flood will step down at the end of 2024, concluding a career spanning more than 35 years marked by significant contributions to the broadcast and More

WRXS (Pure Oldies 106.9) Launches Non-Stop Christmas Music
WRXS-FM (Pure Oldies 106.9) in Milwaukee
WRXS-FM (Pure Oldies 106.9) in Milwaukee
Milwaukee's WRXS-FM (Pure Oldies 106.9) is launching its annual tradition of festive programming with "WRXS-mas," offering a dedicated lineup of classic holiday music. Beginning today, November 22, WRXS-mas will feature non-stop Christmas songs and More
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Cumulus Launches New Podcast Series with Mark Levin
Liberty & Learning
Liberty & Learning
Cumulus Media unveils a new original podcast series, "Liberty and Learning with Mark Levin and Larry Arnn." The 10-part series, hosted by veteran broadcaster and constitutional law expert Mark Levin alongside Dr. Larry Arnn, President of Hillsdale More

American Warrior Radio Joins AFN for Worldwide Broadcast
American Warrior Radio
American Warrior Radio
American Warrior Radio has been added to the American Forces Network (AFN), extending its reach to military members deployed in 168 countries and aboard all U.S. ships at sea. AFN, formerly known as the Armed Forces Network, selected the program as More

WABC Launches 10,000-Turkey Giveaway Supporting Community
WABC-AM in New York
WABC-AM in New York
77WABC in New York has announced its annual 10,000-Turkey Giveaway, a community initiative aimed at addressing food insecurity during the holiday season. In partnership with AARP New York, Gristedes and D'Agostinos Supermarkets, and Catholic More

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