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Since
coming on the air on December 10, 1922, WDRC has had just
two owners. Thus it was a shock to many to read these words in a
press release from Buckley Broadacsting corporate headquarters in
Greenwich on March 5, 2014:
"After
much reflection, the Board of Trustees has decided that the
reality of the evolving competitive landscape, and our sincere
desire to see this historic brand continue, are cause for a
change in the ownership of our Connecticut properties. Our decision
to negotiate with, and eventually sell WDRC-AM/FM to Connoisseur,
gives our audience, advertisers, and employees access to the
considerable resources of this multi-dimensional media and entertainment
company. For over half a century Buckley Broadcasting has been
the steward of these great call letters and there is not a better
company than Connoisseur to ensure the continued and accelerated
future success of the WDRC brand."
No
sale price was disclosed. It is anticipated the sale will receive
FCC approval by early summer 2014.
Connoisseur
Media is located in Westport, CT. It was founded in 1993 and owns
more than three dozen radio properties including stations in New
Haven, Bridgeport and Stamford, CT. For more information, click
here.
For
more about the early history of WDRC and its original owner,
Franklin M. Doolittle, click
here. For more on the beginning of the Buckley family's ownership,
click here.
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