Edgewater Broadcasting has sold 99.1 W256CL Park Forest IL to Fred Weinberg’s Chicago Translators LLC for $1.9 million.
The translator holds a Construction Permit to relocate to the Willis Tower in downtown Chicago with a highly directional 250w/448m. Weinberg is the CEO of USA Radio Network and operates 1530 KQSP Shakopee/Minneapolis and a network of stations in Nevada running the network’s programming.
The deal lists iHeartMedia’s 93.9 WLIT Chicago as the current originating station, likely to be an HD subchannel upon build-out of the new facility as there is an immediate LMA included in the deal.
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