Another of the gems from the Harold Camping empire is being sold. Chicago based Merlin Media is buying WKDN-FM in Philadelpia.<\/p>\n
http:\/\/www.radio-info.com\/news\/merlin-media-buys-philadelphia-market-wkdn-1069<\/p>\n
Harold Camping is the man who spent his life building the Family Radio Network. This Spring, following his belief that Jesus was returning on a specific date based on his extensive research of the Bible and numerology – he loaded up on debt to plaster the country with billboards and handouts declaring the time to repent was now.<\/p>\n
Surely the people who loaned the money knew Family Radio was sitting on very valuable commercial band FM licenses in a number of major markets – and should the world not end, those stations could be sold for a fraction of their real value.<\/p>\n
So former Jacor and Clear Channel head Rsndy Michaels has won the bidding war and will add the Philadelphia station to the collection of major market FM stations – probably an all news station to challenge CBS owned KYW.<\/p>\n
With the coming election, all news stations may be a popular place to spend campaign money.<\/p>\n","protected":false},"excerpt":{"rendered":"
Another of the gems from the Harold Camping empire is being sold. Chicago based Merlin Media is buying WKDN-FM in Philadelpia. http:\/\/www.radio-info.com\/news\/merlin-media-buys-philadelphia-market-wkdn-1069 Harold Camping is the man who spent his life building the Family Radio Network. This Spring, following his … Continue reading