WKAT 1360 AM SOLD

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This topic contains 0 replies, has 1 voice, and was last updated by  mike n ike 1 year, 5 months ago.

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    mike n ike
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    As per Tom Taylor’s newsletter:

    Salem sells WKAT 1360. Station will flip to Haitian programing and add 102.3 FM translator. Salem sells Miami’s WKAT/1360 for $3.5 million – the same station for which it paid $10 million a dozen years ago.

    Salem’s currently programming a Spanish Christian “Radio Luz” format on WKAT North Miami and its translator. That will change as local broadcaster Nelson Voltaire brings Haitian programming to the signals under an LMA. (He’s known as “Piman Bouk” – and he’s been an activist in the local Haitian community.)

    WKAT currently runs 5,000 watts daytime/1,000 watts at night, and holds a 2014 construction permit to upgrade to 9,300 watts days/400 watts at night. The translator may be more likely to be upgraded. It’s currently at 101.3 and licensed to Sebring with 10 watts. But Salem’s got a CP modification to move it to Miami at 102.3, this time at 250 watts.

    Salem retains the “WKAT” call letters, and 1360 will change calls to WHIM – currently used on another Salem property in South Florida, the Christian teaching 1080 licensed to Coral Gables. Broker is Doyle Hadden, whose 5% fee of $175,000 will be paid jointly by Salem ($35,000) and the buyer ($140,000).

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    Personal note: Salem bought WKAT for 10 million and sells for 3.5 million. Ouch.

    Don’t forget: Neil Rogers’ long running talk show debuted on WKAT AM in March 1976 for the 3 to 5 shift. Those were the days.

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