Eure Communications to be Sold

According to a press release issued by media conglomerate Saga Communications, they have agreed to buy Charlottesville’s Eure Communications’ three stations, 3WV, WINA, and Z95 . Eure is, of course, locally-owned by Brad Eure, and the presence of the three stations in a market of this size, along with stations like WTJU and WNRN, have long meant that Charlottesville has had an unusually-high number of locally owned stations. The purchase of the stations by Saga, the nation’s #12 largest owner of radio stations (63 total, right behind Radio One and ABC), makes local stations a minority in town. The company owns stations around the nation, including three in Norfolk, their only Virginia stations thus far. Saga provides assurance in their press release that they intend to retain local staff, but whether they’ll want to work for anybody but Eure remains to be seen. The whole enchilada awaits FCC approval, which is likely, and should go through early next year. Thanks to jimwinthrope for the news. Update: Radio & Records has some more information, including that Brad Eure will remain on as GM. 10/14 Update: Braxton Williams has the story in today’s Progress.

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