Urban One/Emmis Indy Deal Approved
The sale, which was originally announced in June, includes these Emmis properties: Soft AC WYXB (B105), Country WLHK (97.1 HANK FM), Sports-Talk 93.5/107.5 The Fan (WIBC-HD2), News-Talk 93.1 WIBC-FMand Network Indiana. Also part of the sale: translators W228CX (93.5) and W298BB (107.5), which rebroadcast The Fan. They will join Urban One’s existing Indianapolis properties: Urban AC 106.7 WTLC and Urban Gospel WTLC-AM (1310 The Light).
As we recently reported, in order to meet ownership caps, Urban One spun off 96.3, the former longtime home of Urban/Rhythmic WHHH (Hot 96.3) to Bible Bible Broadcasting Network for $3.2 million and relocated the format up the dial a few notches to 100.9, replacing now defunct Top 40 WNOW (Radio NOW 100.9).