L-A Radio: Report..Oldies To Make A Return To FM

Radio legends like Charlie Tuna and Wolfman Jack could be making a comeback to FM in Los Angeles. Marco Broadcasting, led by President Marc Paskin, claims he has secured a $4 million deal to purchase a signal in the metro area, though he’s keeping the station’s identity under wraps for now. This move will shift his oldies format from a leased Mexican 1090 AM station to the FM dial.

Wolfman, Charlie Tuna

Inside Radio reports Paskin, a San Diego real estate developer, sees this as a prime opportunity. “Radio stations are going for peanuts right now,” he says. “The station I’m buying was valued at $100 million once. Now it’s $4 million. It’s like real estate—buy low.”

The deal ends Marco Broadcasting’s lease of XEPRS Tijuana-San Diego (1090) on February 27. Since November, the station’s powerful signal, which reaches parts of Los Angeles, has been broadcasting an oldies format with remastered shows from talents like Charlie Tuna in the morning and Wolfman Jack at night, both distributed by Talent Farm. The lineup also features M.G. “Machine Gun” Kelly in the afternoon, El Chingon at midday, and Real Don Steele in the afternoon drive.

Paskin says the oldies format has seen a massive response since launching three months ago, pushing him to invest in FM. He’s planning a farewell broadcast for XEPRS listeners later this month, with the FM oldies station expected to hit the airwaves around June 1.

Marco Broadcasting is also scouting for an FM station in Miami.