Cape Cod Station in Bankruptcy

Classical WFCC on Cape Cod is part of a cluster of stations whose parent company, Sandab,  filed for Chapter 11 protection on Wednesday.   We’ll keep you posted. Mike has an inspiring post for Monday called Keeping Classical Radio Vital for the Future, by  Jack Allen, P.D. in Portland OR.  It’s another example of what I consider “serial encouragement” that should help counterbalance all the discouraging news. Have a great weekend.

Bravo, Boston! Here’s the Whole Press Release

Public media leader WGBH to acquire WCRB Radio

Will preserve and strengthen classical music service for region

Boston, MA — Public service broadcaster WGBH today announced plans to acquire New England’s leading all-classical music station WCRB 99.5fm from Nassau Broadcasting Partners of New Jersey. The terms of the agreement have not been disclosed pending filing with the FCC.

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Boston’s WCRB Sold to WGBH

Wow!  Just wow. From Radio Info.com: Price: $14 million. Seller Nassau Broadcasting is doing a debt-for-equity swap with lender Goldman Sachs, and the biggest single station in its portfolio is commercial-classical WCRB (99.5), licensed to Lowell, MA. Now Goldman steers it to public radio/TV broadcaster WGBH, which already operates news/classical WGBH-FM (89.7) and WGBH-TV. It’s not yet clear whether WGBH will run it as a non-commercial station, or continue its operation as a commercial station through a subsidiary. Brokers: Patrick Communications for seller Nassau, and Public Radio Capital for buyer WGBH. More … Continue Reading

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