Jump to content

Wesgo

From Wikipedia, the free encyclopedia
Wesgo
ASXWSG
IndustryRadio
Founded14 October 1982
Founder2WS
2GO
Defunct1995
Headquarters,
Australia
$7.7 million (1993/94)

Wesgo was an Australian media company that owned radio stations. It was founded on 14 October 1982 when radio stations 2WS in Sydney and 2GO in Gosford merged.[1][2] In October 1987, eight stations were purchased from AWA making it the largest radio operator in Australia with 50 stations.[3][4] In 1994 it was purchased by Australian Provincial Newspapers and delisted from the Australian Securities Exchange.[5]

Assets

[edit]
Station City Notes
2AY Albury purchased October 1987[3]
2GN Goulburn purchased October 1987[3]
2GO Gosford [2]
2CH Sydney purchased October 1987[3]
2KO Newcastle [6]
2SM Sydney purchased July 1992[7]
2WS Sydney [2]
Gold 104.3 Melbourne purchased January 1995[5]
Magic 693 Melbourne [8]
3BO Bendigo purchased October 1987, sold 1993[3][9]
3GG Warragul 60% purchased March 1990[10]
4CA Cairns purchased October 1987, sold October 1990[3][11]
4CC Gladstone purchased November 1995
4HI Emerald purchased March 1988, sold June 1988[12][13]
4KQ Brisbane purchased April 1986[14]
4LG Longreach purchased March 1988, sold June 1988[12][13]
4MK Mackay sold October 1990[11]
4TO Townsville purchased October 1987, sold October 1990[3][11]
5KA Adelaide sold 1993[9]
6KY Perth purchased October 1987[3]

References

[edit]
  1. ^ Annual Report for year ended 30 June 1983 Australian Broadcasting Tribunal
  2. ^ a b c A slim-line Wesgo tunes in to the 90s Australian Financial Review 9 October 1992
  3. ^ a b c d e f g h Radio days are over for AWA Canberra Times 29 October 1987 page 16
  4. ^ Rural media group buys into Wesgo Canberra Times 9 December 1987 page 54
  5. ^ a b FM station sold Canberra Times 18 January 1995 page 27
  6. ^ Wesgo brawl over broken down deals Australian Financial Review 26 November 1990
  7. ^ Broadcasting act gives owners sudden choice Australian Financial Review 20 October 1992
  8. ^ APN jumps Austereo sell-off to boost Wesgo Australian Financial Review 18 January 1994
  9. ^ a b 2SM chief quits after clash Canberra Times 13 April 1994 page 31
  10. ^ Wesgo tries many paths to growth Australian Financial Review 20 April 1990
  11. ^ a b c Willesee buys back into radio Canberra Times 25 October 1990 page 17
  12. ^ a b Cash rich Wesgo set for expansion Canberra Times 29 March 1988 page 29
  13. ^ a b Wesgo radio stations in Qld sell off Canberra Times 23 June 1988 page 21
  14. ^ ALP ratifies sale Canberra Times 6 April 1986 page 3