Monday, December 14, 2015

PA Radio: Forever To Acquire WYCR-FM, WHVR-AM

Forever Media is adding some properties in Southern Pennsylvania by acquiring two locally-owned station in the York-Hanover market.

They are Classic Hits WYCR 98.5 FM The Peak and Classic Country WHVR 1280 AM.  The deal is said to be worth $2.6M, along with a $400K non-compete and consulting contract.

The principals in Forever Broadcasting, which is based in Hollidaysburg PA, include: Carol Logan, Kerby E. Confer and Lynn Deppen.  Forever recently closed on stations in Cumberland, MD and nearby Gettysburg PA.  The company also owns stations in Altoona, Johnstown, Meadville/Franklin, News Castle and State College, all PA.

All of the employees of the stations will be terminated upon closing of the deal, but are to be offered at-will employment with Forever.

Confer's daughter Kristen Cantrell is a principal in Seven Mountains Broadcasting, which has recently acquired stations in State College, Lewistown-Huntindon, Bellefonte and in the Selinsgrove-Sunbury market, all PA.

WYCR 98.5 FM (10.5 Kw) Red=Local Coverage

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