Radio Business Report's morning newsletter says that WLOA/1470 Farrell PA, on the edge of the Youngstown market, is being sold by Holy Family Communications for $295,000.
The buyer? None other than Beacon Broadcasting, Inc., the company which itself is being bought in whole by Warren steel supply magnate Harold Glunt. Beacon owns WEXC/107.1 and WANR/1570, as we've said a few times already in OMW. Maybe a couple.
RBR's report would explain why WEXC/WANR's "Dr. Rock" (Ron Leader) was heard on WLOA over the weekend, and why the WEXC oldies format, complete with references to the FM station, is now being heard on 1470...a format no longer being heard on, well, that FM station.
What isn't explained: will the Youngstown market AM rimshot become the permanent home for oldies that used to be heard on 107.1, or will Mr. Glunt program it in concert or in complement with now-youth-oriented religious rocker WEXC, or whatever Christian format WANR picks up? Our bet here at OMW is the latter, and that "Wexy" is only temporary on 1470.