Posted by Mike's Dog on November 25, 2010 at 06:32:38:
According to sources...
Zoe Communications is selling WPDR/1350 and WDDC/100.1 (Portage) to Magnum Communications for $750,000. Magnum Communications, Magnum Broadcasting, and Magnum Radio are headed by David R. Magnum and own a total of ten radio stations in Wisconsin, including WBKY/95.9 (Portage), which has a construction permit to move into the Madison market. Both WDDC and WBKY carry Country formats. Zoe retains ownership of five stations in northwestern Wisconsin.
Funny...$750,000. I think he paid nearly $1.5 million for the combo back in 2003.
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