Vilcom Interactive Media, Owner of WCHL-AM Chapel Hill, NC Closes on Purchase of FM Translator

Vilcom Interactive Media, Owner Of WCHL-AM Chapel Hill, NC Closes on Purchase of FM Translator  


VILCOM INTERACTIVE MEDIA, LLC, a North Carolina limited liability company, has closed on the purchase FM Translator Station W250BP Creedmoor, North Carolina from LIBERTY UNIVERSITY, INC., a Virginia nonprofit corporation.  VILCOM INTERACTIVE MEDIA owns radio station WCHL-AM Chapel Hill, NC.

The purchase price is $100,000.00.  Bob Heymann of our Chicago office served as the exclusive broker representing the buyer in this transaction.  

“When I was an undergraduate student at UNC, I was part of a group that was responsible for acquiring an FM Construction Permit for the student run carrier- current radio station, WCAR which became WXYC-FM,” said Bob Heymann.  “Now over 35 years later, I am thrilled to be involved, once again, in the establishment of new FM service in the Chapel Hill area.”

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Media Services Group was founded in 1990 and has grown into one of the most successful media brokerage firms in the past decade.  The firm offers brokerage, asset management, valuation and investment banking services to the broadcast and new media industries from offices throughout the U.S.