BREAKING NEWS: WABQ/1540 Cleveland Sold To Good Karma

D&E Communications is selling Cleveland gospel daytimer WABQ/1540 to Good Karma Broadcasting for $2.5 million in cash. Details at Radio & Records Online.

As reported here, Good Karma is owned by Craig Karmazin, the son of former CBS Radio/Infinity chief Mel Karmazin (now with Sirius). Among other small stations, he owns two stations in Wisconsin’s two largest markets – a pair of sports talkers in Milwaukee and Madison. His reported interest in the Cleveland radio market was first mentioned in Roger Brown’s column in the Plain Dealer.

The Akron Beacon Journal’s David Lee Morgan, meanwhile, confirms our earlier report that Salem sports talker WKNR/850 is losing ESPN Radio “this fall”. Program director Michael Luczak tells Morgan that WKNR is “dropping” the network and morning show “Mike & Mike”. (If ESPN decides to go elsewhere, is that a “drop”? Hmm.)

We’ll leave the rest of the day for the assembled OMW readership to connect a few dots on this one…

Speak Your Mind