{"id":439564,"date":"2026-01-30T21:11:09","date_gmt":"2026-01-30T21:11:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/439564\/"},"modified":"2026-01-30T21:11:09","modified_gmt":"2026-01-30T21:11:09","slug":"fcc-approves-ownership-cap-waivers-in-fort-myers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/439564\/","title":{"rendered":"FCC Approves Ownership Cap Waivers In Fort Myers"},"content":{"rendered":"

\"SunThe FCC has granted its first two waivers to surpass the current ownership caps with the approval of Beasley Media Group\u2019s sale of its Fort Myers FL cluster<\/a> to Sun Broadcasting and Fort Myers Broadcasting.<\/p>\n

The first deal will see the Jim Schwartzel led Sun acquire Classic Rock \u201c96 K-Rock<\/a>\u201d WRXK Bonita Springs, CHR \u201cB103.9<\/a>\u201d WXKB Cape Coral and \u201cPodcast Radio<\/a>\u201d 96.5 W243BM\/101.5 W268AH\/105.1 W286AK\/WXKB-HD2 for $9 million. Sun already owns Conservative Talk \u201c92.5 Fox News<\/a>\u201d WFSX-FM, \u201c93.7 Trump Country<\/a>\u201d WHEL, Classic Rock \u201c94.5 The Arrow<\/a>\u201d WARO, Hip Hop \u201cFly 98.5<\/a>\u201d WFFY, and Sports \u201cFox Sports SWFL<\/a>\u201d 94.1 W231DC\/103.3 W277AP\/105.9 W290DB in the Fort Myers market along with four television stations. A waiver grant was required as Sun will own six FMs in a market where the cap is currently seven stations total and four on one band.<\/p>\n

The remainder of the Beasley cluster goes to Fort Myers Broadcasting Company for $9 million with FMBC adding Spanish CHR \u201cPlaya 99.3<\/a>\u201d WWCN, Soft AC \u201cSunny 106.3<\/a>\u201d WJPT and Sports \u201cESPN Southwest Florida<\/a>\u201d 770 WBCN\/98.1 W251AL\/104.3 W282BY to join with its AC 96.9 WINK-FM, Spanish CHR \u201c97.7 Latino<\/a>\u201d WTLQ, Soft AC 101.1 WAVV<\/a>, Spanish Tropical \u201cMaxima 95.7\/97.3<\/a>\u201d W239CL\/W247CR\/WTLQ-HD2, Regional Mexican \u201cLa Raza 107.9<\/a>\u201d W300EF\/WAVV-HD2 and CBS affiliate WINK-TV.<\/p>\n

The FCC concurrently approved Sun\u2019s $40 million purchase<\/a> of \u201cFox 4<\/a>\u201d WFTX-TV Cape Coral from Scripps.<\/p>\n

Both companies operate from a shared facility. A shared services agreement in filed with the deals state that FMBC provides to Sun the following: studio and office space, data processing, accounting, reception, news programming, engineering, payroll and benefits processing, local commercial production, and and IT. Sun would maintain control of its management, programming, finances, editorial policies, personnel, facilities, and compliance with FCC rules and regulations.<\/p>\n

At the time of the filings, the waiver requests stated that post acquisition Sun will hold 33.9% of the local radio revenue and FMBC with 28.3%. The other commercial clusters in the market are held by iHeartMedia and Renda Broadcasting.<\/p>\n

Two other pending acquisitions have subsequently been filed with the FCC requesting waivers of the ownership caps in Connoisseur Media\u2019s $10 million purchase<\/a> of Bonneville\u2019s San Francisco cluster that would give it nine FM\u2019s in the market and Dimes Media\u2019s $237,500 purchase<\/a> of 101.3 KERW Los Osos-Baywood Park\/San Luis Obispo CA to give it a fifth FM.<\/p>\n","protected":false},"excerpt":{"rendered":"The FCC has granted its first two waivers to surpass the current ownership caps with the approval of…\n","protected":false},"author":2,"featured_media":439565,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53],"tags":[88,216],"class_list":["post-439564","post","type-post","status-publish","format-standard","has-post-thumbnail","category-music","tag-entertainment","tag-music"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/439564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=439564"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/439564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/439565"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=439564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=439564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=439564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}