Journal Communications
Print Page    Close Window

<< Back
Journal Broadcast Group Sells WKTI-AM in Knoxville, Tennessee to WMCH Radio, Inc.

MILWAUKEE--(BUSINESS WIRE)--Dec. 3, 2012-- Journal Broadcast Group, a subsidiary of Journal Communications, Inc. (NYSE:JRN), today announced the sale of WKTI-AM in Knoxville, Tennessee to Tennessee-based WMCH Radio, Inc., a religious format broadcaster. Terms were not disclosed. WMCH intends to change the call letters to WWAM-AM.

Journal Broadcast Group owns three other radio stations in Knoxville, Tennessee including WCYQ-FM Q93 (Country), WWST-FM Star 102.1 (Contemporary), and WKHT-FM Hot 104.5 (Contemporary).

Forward-looking Statements

This press release may contain certain forward-looking statements related to our businesses that are based on our current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Our written policy on forward-looking statements can be found in our most recent Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission.

About Journal Communications

Journal Communications, Inc., headquartered in Milwaukee, Wisconsin, was founded in 1882. We are a diversified media company with operations in radio and television broadcasting, publishing and interactive media. We own and operate 34 radio stations and 14 television stations in 12 states. We publish the Milwaukee Journal Sentinel, which serves as the only major daily newspaper for the Milwaukee metropolitan area, and several community newspapers and shoppers in Wisconsin. Our interactive media assets build on our strong publishing and broadcasting brands.

Source: Journal Broadcast Group

Journal Broadcast Group
Jim Thomas, Vice President, Marketing and Programming
(414) 967-5293
or
Investor contact:
Andre Fernandez, President and CFO
(414) 224-2884


"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Journal Communications, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.