Done deal in Washington DC


The sale of WWRC-AM from Washington Redskins honcho Dan Snyder’s Red Zebra Radio to Salem Communications Corporation, headed by Stuart W. Epperson and Edward G. Atsinger Jr., is officially on the books.

According to broker Greg Guy of Patrick Communications, the price was $3.1M. The station will take Salem to three stations in the market, joining the group’s WAVA AM-FM combo.

Red Zebra retains eight other stations including stations in Washington, D.C., Richmond and Norfolk.

RBR-TVBR note: Now available RBR-TVBR’s ‘2010’ new guide to help chart a course through the treacherous waters of buying, owning and selling radio or television stations.
Click to purchase:  “Profitably Buying and Selling Radio Stations,” or 1-800-288-4677, ext. 5022 for $49.95, paperback, $39.95, e-book.