IN Radio: LafayetteTV To Acquire Four Stations

Lafayette TV LLC has announced that it has filed an application with the FCC for the transfer of radio stations Country WYCM 95.7 FM, Attica; AdultHits WBPE 95.3 FM, Brookston; Top40 WAZY Z96.5 FM and Sports WSHY 1410 AM, Lafayette; all in Indiana, from Artistic Media Partners, Inc. $2,300,000.

Artistic Media is an Indiana-based company headed by Arthur Angotti II. Artistic Media also owns WDND-AM, South Bend, IN.

Arthur Angotti III said, “After 23 years of visiting and living in the Lafayette market, it’s not easy letting our Lafayette stations go, but having met with the owners of Lafayette TV, LLC, I am confident that they will continue our commitment to broadcast excellence and the support of the staff, the community, and continue the partnership with Purdue University!

I am very proud of the team of broadcast professionals and the 4 radio stations we have built in Lafayette. Our continuing dedication to the listener is what has made WAZY, BOB FM, Your Country and WSHY the vest best radio stations in the market.”

Art Angotti added, “Artistic Media is pleased that Lafayette TV, LLC will purchase our radio group in Lafayette. This is good for our clients, employees, and the community. This is a great strategy for Lafayette TV, LLC with huge potential.”

The Buyer, Lafayette TV, LLC, is an Indiana-based company headed by Bill Christian and Mike Reed. Lafayette TV’s CEO Bill Christian said,

“We are thrilled to be working with this great group of stations in a terrific, growing area. The Angotti family has spent two generations building this team and serving the market, and our goal is to continue their tradition of proud service.” President Mike Reed noted, “Additionally, we are excited to announce that we are launching the market’s first local Fox and NBC television stations. We look forward to becoming a meaningful part of the Lafayette community.”

KALIL & CO., INC. is the exclusive broker for this transaction.