WAMO sold for the money-not H.R. 848

the folks screaming the death of black radio will be holding up the recent sale of WAMO. In Pittsburgh, WAMO-FM (106.7) and sisters WAMO-AM (860) and WPGR-AM (1510) are being sold. It's all about economic hardtime and owners getting their hands on disposable hard cash.

WAMO spokesman Russell Bynum released the limited details yesterday saying that this was a difficult but necessary decision on the part of the owners, yet he denied that ths sale meant the company was in trouble. "When we look at Sheridan, we are looking at a strong organization that has had to make these changes to adapt to the movement and the changes in the marketplace, he told the Post-Gazette. Sheridan will continue to be based in Pittsburgh and still owns stations in Atlanta, Georgia, Birmingham, Alabama and Buffalo, New York. The company is also the principal owner of the American Urban Radio Networks - the only African-American-owned radio network in the US.

Out of Pittsburgh, but up and running in other cities is not what Radio One Hughes is reporting or telling.