Vox AM/FM Acquires WVMT/WXXX Burlington VT
Vox AM/FM LLC is expanding its holdings in Burlington VT with the purchase of Sison Broadcasting’s CHR “95 Triple X” 95.5 WXXX South Burlington and News/Talk 620 WVMT Burlington for an undisclosed amount.
Vox AM/FM will begin operating the two stations ahead of closing via LMA on January 1, 2019. The two stations will join a Vox AM/FM cluster that includes AC “Star 92.9” WEZF, Rhythmic CHR “Hot 96.7” WXZO, Sports “101.3 The Game” WCPV, and Sports “960 The Zone” WEAV.
Vox AM/FM, LLC, owner of WEZF-FM (Star 92.9); WCPV-FM (101.3 The Game); WXZO-FM (Hot 97 FM); WEAV-AM (960 The Zone); and WVTK- FM, has agreed to acquire WXXX-FM (95 TripleX) and WVMT-AM from Sison Broadcasting, Inc.
By the terms of the transaction, Vox will operate WXXX and WVMT under a Local Marketing Agreement (LMA) commencing on January 1, 2019. Closing will occur in the future, during the term of the LMA. Vox is permitted to own and operate WXXX and WVMT under current FCC regulations.
“The people and stations at Sison are terrific!” said Ken Barlow, Vox Partner and Principal. “They have enormous market history, and blend very well with our current cluster. We look forward to merging our operations to better serve the Burlington-Plattsburgh radio market.”
Sison owner Paul Goldman commented, “WVMT and 95 TripleX have been my life and passion for over 40 years. There is no player in our market better equipped to ensure their future than Vox. My valued employees and stations are in great hands.”
This transaction was arranged by Doug Ferber of DEFcom Advisors on an exclusive brokerage basis.