Beacon Stations For Sale

We'd already heard that at least one of the Beacon Broadcasting Youngstown market stations - Christian/eclectic rock/talk WEXC/107.1 "Indie 107.1" Greenville PA - had interested buyers... even before owner Harold Glunt passed away in late January.

Now, all five Beacon stations along the Ohio/Pennsylvania border are up for sale.

In addition to some helpful tips from OMW readers, we received this release directly from Pittsburgh-based station broker Ray Rosenblum....who clearly knows that the Beacon stations have been covered in OMW frequently...

-----------

Ray H. Rosenblum, Media Broker/Consultant/Appraiser P. O. Box 38296, Pittsburgh, PA 15238 PH: 412-362-6311; FAX 412-362-6317 E-mail: rayhrosenblum (at) hotmail.com

NEWS RELEASE Fri., Feb. 26, 2010

5 Beacon Broadcasting Radio Stations For Sale Following Owner’s Death

The Executor for the estate of the late Harold Glunt has announced that the 5 Beacon Broadcasting, Inc. radio stations in Ohio and Pennsylvania are being put up for sale.

The Media Broker for the sale is Ray H. Rosenblum of Pittsburgh, PA.

According to Mr. Rosenblum, the stations are WANR(AM-1570) in Warren, OH; WRTK(AM-1540) in Niles, OH; WGRP(AM-940) and WEXC(FM-107.1) both in Greenville, PA; and WLOA(AM-1470) in Farrell, PA.

Harold Glunt, the principal owner of Beacon Broadcasting, died on January 25th. The Executor of his estate is his son, Dennis Glunt.

In a statement to Beacon employees, Dennis Glunt said that “this move will help to stabilize the employment at the stations. . .and best preserve value for the estate.”

---END---