Reading PA Radio: Sale of WEEU 830 AM Official

The sale of WEEU 830 AM to a Venango County, PA radio station operator is official, reports The Reading Eagle.

Federal Bankruptcy Judge Jean K. Fitzsimon on Wednesday approved the $88,500 sale of WEEU's FCC license to Twilight Broadcasting Inc. The license was for sale as part of the bankruptcy of WEEU's parent company, Reading Eagle Company.

The Reading Eagle was sold last month to MediaNews Group, which officially becomes the owner Monday.

Twilight runs two radio stations in Oil City. It was the highest of four bidders to submit an offer by the June 10 deadline.

Twilight officials said they have a deal in place to lease WEEU's broadcasting facility and towers from MediaNews Group, which will allow the station to remain on the air.

Twilight officials said it will probably take 30 to 60 days for the FCC to issue the license to Twilight. During that time, Twilight will run the station as a brokerage programmer, serving as the station's programmer, but not as full owner.

Twilight officials have said they do not plan on making significant changes to the station or its programming.

WEEU 830 AM (20 Kw-D, 6 Kw-N DA-2)

WEEU's fate was left in the air after MediaNews Group purchased the station's assets but not its FCC license, meaning MediaNews Group could not legally operate it.