Newsweb Corporation

Newsweb Corporation is a publisher of ethnic and alternative newspapers in the United States, based in Chicago, Illinois. The company also owns several radio stations in the Chicago area and a television station in Sterling, Colorado.

Newsweb was founded in 1971 by Chicago entrepreneur, political activist, and philanthropist Fred Eychaner to continue his printing business.^[1]

In early 2004, the company purchased 99.9 FM WRZA from Entravision and in late 2004, the company purchased three suburban Chicago radio stations from Spanish Broadcasting System: 92.5 FM WDEK, 92.7 FM WKIE and 92.7 FM WKIF. The trimulcast was formerly the home to Energy 92.7&5, the first Dance Hits format radio station in the United States. WKIF was broken away from the trimulcast and WRZA took its place. WKIF became a CNN Radio affiliate. The new trimulcast became a variety hits format as Nine FM, and the station later became a split-format station with Nine FM during the day and Dance Hits format Dance Factory at night. Dance Factory is operated by TKC Entertainment, which leases the air time form Newsweb. Nine FM was discontinued as of October 19, 2008 in favor of Progressive Talk simulcast with sister station WCPT (AM).

WCPT-FM 92.7, WCPQ 99.9, and WCPY 92.5 is a trimulcast which simulcasts WCPT (AM) between 5 AM and 9 PM, and operates Dance Hits format Dance Factory at night.

Newsweb Corporation owns WCPT (AM) which is an Air America and CNN Radio affiliate, and also includes locally hosted Progressive Talk programming. WCPT operates on 820 AM in the Chicago area between 7 AM and 7 PM, WCPT-FM 92.7, WCPQ 99.9, and WCPY 92.5 is a trimulcast which simulcasts WCPT (AM) between 5 AM and 9 PM, streams on the Internet 24/7 but operates solely as an Internet station at night.

Newsweb purchased WAIT (AM) in 2004, which is now operating on 850. WAIT is a brokered station with a variety of programming and also features Air America between other programming.

Television

Newsweb had formerly owned the Gary, Indiana-licensed UPN affiliate for Chicago, WPWR, until 2003, when they sold the station to Fox Television Stations Group, becoming a duopoly with WFLD, the Fox owned and operated station.

In 2006, they also sold Denver UPN affiliate KTVD to the Gannett Company,^[2] who made it part of a duopoly with Gannett's local NBC affiliate, KUSA-TV. Newsweb retained KTVD's former satellite station in Sterling, Colorado, KUPN, which is now operated as independent station KCDO.

Ironically, both WPWR and KTVD are affiliates of MyNetworkTV.

References

1. ^ McCormik, John (2005-06-07). "Fred Eychaner". Chicago Tribune. http://www.accessmylibrary.com/coms2/summary_0286-32326420_ITM. Retrieved 2008-09-25. ^{[dead link]}
2. ^ Feder, Robert (2006-01-20). "Top anchor, reporter lose Telemundo jobs". Chicago Sun-Times. http://nl.newsbank.com/nl-search/we/Archives?p_product=CSTB&p_theme=cstb&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=10F435E43591C2A8&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM. Retrieved 2008-09-25. 

External links

• Newsweb Corporation