Feder: Matrix sells northwest suburban 103.9 The Fox, Star 105.5
Posted February 12, 2019 12:00 am
Two northwest suburban radio stations owned by Matrix Broadcasting - classic rock WFXF 103.9-FM and adult contemporary WZSR 105.5-FM - will be acquired by Alpha Media in a $4.7 million deal, according to an FCC filing Monday, Robert Feder writes.
In order to comply with ownership limits, Alpha Media will spin off 103.9 The Fox to Educational Media Foundation, the noncommercial Christian broadcasting company behind the "K-Love" and "Air 1" formats, for $900,000.
That's bad news for morning personality Eddie Volkman, the longtime Chicago radio star, and the rest of the station's lineup, including Alex Quigley and Pat Capone.
Get the full report, and more Chicago media news, at robertfeder.com.
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