Home URBAN Radio One, Inc. Announces Definitive Agreement to Sell the Assets of WJKR-FM...

Radio One, Inc. Announces Definitive Agreement to Sell the Assets of WJKR-FM in Columbus

 width=, Inc. today announced it has signed a definitive agreement to sell the assets of one of its , Ohio stations, WJKR-FM (The Jack, 98.9 FM), to Salem Media of Ohio, Inc., a subsidiary of (Nasdaq: SALM). The station is not a core asset for Radio One and Radio One will continue to own and operate two urban format radio stations in the Columbus market: WCKX-FM (107.5 FM), which plays mainstream/urban and WXMG-FM (106.3 FM), which plays R&B and oldies. The closing on the sale of WJKR-FM is subject to customary conditions, prorations and adjustments, including approval from the Federal Communications Commission (“FCC”). Radio One expects the transaction to close shortly after final consent from the FCC. However, under a local marketing agreement, Salem will be providing programming for the station on November 1, 2012.

CEO of RF Focus, Radio and Music Industry Veteran. Radio DJ, Programmer, Musician and Voice Talent. Graduated from Performing Arts in Buffalo, N.Y. and worked at the legendary KKBT (92.3 The Beat) during its nationwide heyday in the early 90s. Also worked for Stevie Wonder at KJLH.

Leave a Reply