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Roadblocks arise for new owners of WVKO
Kevin Boyce
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By Tobi Oluwa
Contributing Writer
Columbus Post
Bernard Radio LLC, is officially the new owner of Stop
26-Riverbend, which owns WVKO AM among five other radio stations
and assets.
Acquiring the last of the assets in an auction on May 31, 2006
after Percy Squire the former president of Stop 26-Riverbend defaulted
on a $12 million loan from DBZ, Bernard Radio LLC, a subsidiary
of
D.B. Zwirn (DBZ), is attempting to build four new transmission
towers. The towers would increase the radio station's signal allowing
it
to reach a broader audience.
However, the proposed location for the towers, 2708 Morse Road,
is not currently zoned for radio towers and submitting a proposal
to
city council for approval has not accomplished the expected result.
Councilman Kevin Boyce says that the written ordinance submitted
by DBZ was too vague and didn't provide enough information.
Boyce said that he would like to hear more about the situation
leading to the current status of WVKO and if new owners qualify
as predatory
lenders, as alleged by Squire.
"
These are still issues with me," said Boyce. "We met with
the owners and are currently waiting to hear back from them."
Boyce said that he questions the intent of the new owners and their
direction.
"
WVKO has been an icon in the black community," said Boyce. "Growing
up, it was the only station that played black music and until recently
when it was taken off the air, it hosted talk shows and discussions
on a daily basis. It is unfortunate and disappointing that it is
no longer on the air."
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