WEMG (Tennessee)

[4] Less than a year after starting up, WFCT was sold to Radio Tennessee, Inc., whose principals, Frederick Allman and Robert Richards, owned stations in other states, for $60,000.

[7] In February 1967, the station fell into financial dire straits and went off the air with liabilities surpassing $150,000; the two largest creditors, including Tice, forced Radio Tennessee into bankruptcy.

[9] The Powell transaction was never filed with the FCC and ultimately fell apart, and receiver H. T. Kern instead applied to sell WGYW to another man who had expressed interest in purchasing the station: James Brown, who also paid $75,000.

That August, the Internal Revenue Service (IRS) seized property owned by the station since 1970 on Prosser Road, used for its transmitter site, to be auctioned.

[21] Cureton Communications, which was owed $6,000 for the erection of a replacement tower on the site after the original mast was damaged by high winds, forced WJBE into receivership the next month.

[1] A change in shareholders of the company in 1983 brought in Bill Hays as a new half-owner for a time,[24] but Thomas S. Crawford, the other owner, soon developed financial problems.

WKGN (1340 AM) dropped its evening talk programs to adopt an urban contemporary format and fill the void left by WBMK's silence.