Salem Expands In Greenville/Spartanburg
Salem Broadcasting is acquiring Classic Hits “Earth 103.3” WOLT Greer, SC from Earth Radio Broadcasting for $100,000 and the cancellation of a promissory note valued at $1,025,000.
Salem will operate the station via an LMA prior to closing of the sale, but has not specified in the purchase agreement when it will begin to do so. Earth Radio Broadcasting had just closed on its $1 Million purchase of WOLT from Davidson Media and had been operating the station via Time Brokerage Agreement since March 2013.
WOLT will become the second station in the Greenville/Spartanburg market for Salem joining “Conservative Talk 94.5” WGTK-FM.