The sale of a unique 3kw Class A FM station with a signal covering Western Connecticut has closed, putting the facility in the hands of John Fuller, and Red Wolf Broadcasting Corp.
With longtime media broker Dick Foreman making the transaction happen, WZBG-FM 97.3 in Litchfield, Conn., has been acquired by Red Wolf from Local Girls & Boys Broadcasting Corp.
A purchase price of $311,000 was agreed to by the parties, with a $50,000 escrow deposit held by Foreman as the seller’s broker of record. The remainder was paid in cash at closing.
WZBG is a docket 80/90 drop-in and debuted in 1992. It can be heard from southern Massachusetts to Wallingford, Conn.
LGB Managing Partner Virginia Mortara, in February 2024, had commented, “It was a difficult decision for the ownership group.” That, interestingly, includes longtime media executive Dick Ebersol and his longtime wife, actress Susan Saint James. “The Time has come for us to turn the reins over to new and exciting ownership to move the station forward to its next chapter of its success.”
Saint James is 77 years of age; Ebersol is 76 years old.
Red Wolf head Fuller commented, “Local ownership of radio stations is a core commitment which we take seriously and we’re excited about the pending ownership of the station.”
Listeners can anticipate no staff changes. However, Fuller said, “We are looking to enhance
the heritage created by its originators over 32 years ago.”
WZBG is now a sibling to WBMW-FM in the New London, Conn., market and Hartford stations WDRC-AM & FM and WMRQ-FM, in addition to properties in Rhode Island and Massachusetts. WDRC-AM’s talk format can be heard in Litchfield County via WSNG-AM in Torrington, Conn., also owned by Red Wolf.
