Colorado Media Newsroom
November 13th, 2023, 05:30 PM
From Radio Insight:
https://radioinsight.com/wp-content/images/2023/11/wqkt-200x200.jpgRiver Radio Ministries is acquiring Country 104.5 WQKT (https://wqkt.com) and Classic Hits 960 WKVX Wooster OH from Dix 1898 for $3,050,000.
The buyer owns the four station “The River (https://riverradio.com)” Christian AC brand heard on commercial operated 104.9 WCVO Gahana/Columbus and non-com’s 89.3 WZCP Chillicothe, 89.3 WZNP Newark, and 90.9 WFCO Lancaster OH.
WQKT rimshots both the Akron and Canton markets. Positioned as “Sports Country”, the station currently carries a large portfolio of play-by-play including local high school sports, Ohio State University, College of Wooster, and all three Cleveland pro franchises. The station carries Westwood One’s “Nash Icon” programming in other dayparts.
The stations were the final media assets of the former Dix Communications, now Dix 1898 (https://www.dix1898.com) as the company sold their stations in Cumberland MD (https://radioinsight.com/headlines/94319/forever-media-acquires-cumberland-md-cluster/) in 2015, Gainesville/Ocala FL (https://radioinsight.com/headlines/171623/saga-communications-acquires-four-in-gainesville-ocala/) in 2018 and their newspaper holdings in 2017 (https://www.beaconjournal.com/story/business/2017/02/01/dix-communications-newspapers-sold-to/10776801007/). The family owned company had owned both stations since they were built in 1947.
Greg Guy’s Tideline Partners served as broker for the seller.
more (https://radioinsight.com/headlines/261054/river-radio-ministries-acquires-wqkt-wkvx/)
https://radioinsight.com/wp-content/images/2023/11/wqkt-200x200.jpgRiver Radio Ministries is acquiring Country 104.5 WQKT (https://wqkt.com) and Classic Hits 960 WKVX Wooster OH from Dix 1898 for $3,050,000.
The buyer owns the four station “The River (https://riverradio.com)” Christian AC brand heard on commercial operated 104.9 WCVO Gahana/Columbus and non-com’s 89.3 WZCP Chillicothe, 89.3 WZNP Newark, and 90.9 WFCO Lancaster OH.
WQKT rimshots both the Akron and Canton markets. Positioned as “Sports Country”, the station currently carries a large portfolio of play-by-play including local high school sports, Ohio State University, College of Wooster, and all three Cleveland pro franchises. The station carries Westwood One’s “Nash Icon” programming in other dayparts.
The stations were the final media assets of the former Dix Communications, now Dix 1898 (https://www.dix1898.com) as the company sold their stations in Cumberland MD (https://radioinsight.com/headlines/94319/forever-media-acquires-cumberland-md-cluster/) in 2015, Gainesville/Ocala FL (https://radioinsight.com/headlines/171623/saga-communications-acquires-four-in-gainesville-ocala/) in 2018 and their newspaper holdings in 2017 (https://www.beaconjournal.com/story/business/2017/02/01/dix-communications-newspapers-sold-to/10776801007/). The family owned company had owned both stations since they were built in 1947.
Greg Guy’s Tideline Partners served as broker for the seller.
more (https://radioinsight.com/headlines/261054/river-radio-ministries-acquires-wqkt-wkvx/)