Tuesday, April 26, 2005

Hispanic media company buys Nashville's 1240 AM

The Nashville City Paper reports that 1240 AM has been sold to a media company that specializes in Hispanic radio.

"Nashville urban gospel station WNSG 1240 AM is being sold for $2.7 million to a fledgling media company that specializes in the Hispanic market, according to an application pending before the Federal Communications Commission."

"Formed in April 2004, Davidson Media has rapidly grown its holdings to 21 stations in the eastern United States. Most of them are Hispanic stations, although Davidson does operate some gospel formats."

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