January 31, 2015

Sound Communications Acquires

WZKZ(FM) — (Alfred) Wellsville, NY

Deal with Pembrook Pines, Inc. CLOSED

In a deal which closed on January 31, Sound Communications, LLC acquired WZKZ(FM) in Wellsville, NY from Pembrook Pines, Inc. for an undisclosed price.

Sound Communications currently owns FM radio stations WENY in Elmira; WENI Big Flats; WGMM in Corning; WMXO(AM)/WOEN(FM) Olean; WGGO(AM)/WQRS(FM) Salamanca; WKPQ in Hornell, NY, as well as AM radio stations WENY and WENI in the Elmira market. It's Managing Member and CEO is Bettina Finn.

The seller was Richard A. Foreman, Receiver for Pembrook Pines who was exclusive broker for the transaction.