Journal Broadcast Group to Purchase WNOX 100.3 FM in Knoxville, Tenn.
Dec 27, 2012 (Close-Up Media via COMTEX) --
Journal Broadcast Corp., a subsidiary of Journal Communications, Inc., announced that it has reached an agreement to purchase 100.3 WNOX FM, licensed to Oak Ridge, TN, in the Knoxville, TN, market from Oak Ridge FM, Inc.
According to a release, the transaction is subject to FCC approval. Terms of the transaction were not disclosed.
"This is a great opportunity for us to add to our Knoxville cluster," said Steven Smith, Chairman and CEO of Journal Communications. "Knoxville is a strong market for Journal with an exceptional team. The addition of WNOX will help us expand our reach to listeners and customers in this community."
Journal Broadcast Group owns three radio stations in Knoxville, Tennessee including WCYQ-FM Q93 (Country), WWST-FM Star 102.1 (Contemporary), and WKHT-FM Hot 104.5 (Contemporary).
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