(2-22-2025) Long-time local radio owner Rob Weaver is selling his local radio assets to Mark King of Portland. The sale was verified by two broadcast media sites.

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From Radio Insight….In three separate transactions, Robert and Martha Weaver will sell their properties in Indiana to Mark King.

King will acquire Adams County Radio’s AC 92.7 WZBD Berne for $343,905.69, WPGW Inc.’s AC “PG 14” 1440 WPGW/105.3 W287BC and Country “J Country 100.9” WPGW-FM Portland IN for $996,873.40, and Jayland Radio’s non-commercial Classic Rock 91.7 WZJR Portland for $55,740.54.

InsideRadio ….Indiana – Mark King has filed a stock sale valued at $996,873 to buy “J-Country 101” WPGW-FM, classic hits WPGW (1400) in Portland, IN, plus AC “Z-92.7” WZBD, Berne, IN from Robert and Martha Weaver’s Adams County Radio. The deal also includes the Portland, IN-licensed translator Portland, IN at 105.3 FM which simulcasts WPGW.  The filing says $100,000 cash will be paid at closing, with the remainder to be financed by the sellers. In a separate deal, King will buy classic rock WZJR (91.7) for $55, 741 from Robert, Martha, and Kyle Weaver. It will include a $10,000 cash payment at closing with the balance to be financed by the sellers.