Oldies radio with Charlie Tuna and Wolfman Jack could return to Los Angeles on the FM dial.
While opting not to reveal the frequency, Marco Broadcasting President Marc Paskin says he has a $4 million deal to purchase a Los Angeles station.
Paskin told Inside Radio, “Radio stations are going for peanuts right now. The station I’m buying was valued at $100 million once. Now it’s $4 million. It’s like real estate—buy low.”
Paskin is a real estate developer in the San Diego area who has been broadcasting the format on 1090 XEPRS Tijuana/San Diego. The new deal is expected to end the lease on the Mexican station.
According to Paskin, the Oldies format has been met with tremendous response since it was launched three months ago. (BMM 11/5).
In addition to Charlie Tuna and Wolfman Jack, the lineup includes Machine Gun Kelly, El Chingon, and Real Don Steele.
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