WWLG and WASA being sold to Mangione

MARYLAND WATCH

July 01, 1998

The owners of WLG Legends Radio said yesterday that they will sell the company's stations, WWLG 1360 AM and WASA 1330 AM, to Mangione Enterprises, pending FCC approval.

The stations' primary owner, Michael C. Hodes of Hodes, Ulman, Pessin & Katz, P.A., said he purchased WWLG in 1993 and WASA in 1996 as advertising vehicles because the firm focused on elder and estate law. The firm has since expanded its practices, and Hodes said it doesn't make sense to focus on one advertising outlet.

The stations broadcast pop standards during the day and sports in the late afternoon. They will go to an all-music format Aug. 3.

Nicholas Mangione Sr., the new owner, also owns WCBM-AM (680) and the Turf Valley Resort and Conference Center. Mangione, could not be reached for comment. Hodes said he has indicated that he will keep the stations' employees and will keep the all-music format.

Hodes would not disclose the selling price but said the stations cost a total of $825,000 and that he will make a 50 percent to 60 percent profit from the sale, which will take effect in August.

Pub Date: 7/01/98

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