WBTV’s David Whisenant
Posted: Sep 12, 2013 1:44 PM EDT
SALISBURY, NC (WBTV) -
A Salisbury institution maybe going off the air if they can’t find a new location to broadcast since they’re current property they’re on is now in foreclosure.
WSTP Radio, broadcasting on 1490 AM since 1939, may go off the air as the property may be foreclosed next week.
Tim Coates, the current majority owner of WSTP, told WBT that the station is still trying to work out a solution.
“At this time we are still trying to work out a solution with the bank,” Coates told WBTV.
WSTP is owned by Rowan Media Inc., there are no loans, and it is not involved in this foreclosure.
If a solution isn’t reached, would that mean the radio station that has been the home for American Legion baseball, college and pro football and baseball, and the popular Kent and Howard Morning Show could go off the air?
“I am told if the real estate in fact goes to auction,” Coates added, “we may have weeks, months, or years before anything happens that may put the station off of the air.” Coates added that he has been trying to find another location for the station, but relocating a radio station with studios and a tower, isn’t easily accomplished.
“If we could find a tower site we could continue broadcasting uninterrupted, however the current zoning ordinances make it almost impossible to build a new tower anywhere in the county.”
The station property is set to go on sale Wednesday, September 18, at noon.
Copyright 2013 WBTV. All rights reserved.