CLEARFIELD – Paperwork for the sale of WCPA-AM and WQYX-FM has been filed to the Federal Communications Commission.
WCPA has been in existence in Clearfield for decades with WQYX being added later. The stations currently offer oldies and adult contemporary music under the ownership of Clearfield Broadcasters. Whether the stations keep their formats remains to be seen.
North Carolina based First Media LLC is the reported buyer of the Clearfield-based WCPA-WQYX. First Media owns 23 other stations, including Q102 in DuBois and 3WZ in State College.
According to information on RadioandRecords.com, the paperwork was filed on Thursday. The reported price of the station was $750,000, payable in cash at closing, with $50,000 set aside in escrow.
Information on possible format or staffing changes was not available at this time.
Mike McGough, district manager for First Media LLC, confirmed the pending sale.
“These transactions take months to complete,” said McGough.
Log on to GantDaily for more information on the sale as it becomes available.