by Pa Rock
Radio Fan
Being a good person does not necessarily translate into being successful in business, and best-selling author Stephen King understands that better than most. For the past several years King has been keeping a legendary Maine radio station, one of three which he owns, financially afloat with infusions of his own money.
But by last February the writer who has been populating the world's nightmares for decades with characters like Carrie, Christine, and even Cujo decided that it was time for him and his wife, Tabitha, to quit funding the three radio stations that they owned in the vicinity of Bangor, Maine. They put them up for sale, and if buyers could not be found, they would close the stations at the end of the year - an ignominious end to a significant part of Bangor's history and culture.
King, who has been a musician in a rock band known for playing gigs for charity, is a lifetime fan of radio and rock music. He acquired the first of the three stations in 1983. The primary station of his group was WKIT out of Bangor, a rock station with a long history, and a station that the community did not want to lose. Last week it was announced that two local businessmen had managed to purchase WKIT for $500,000 with plans "to preserve the staff and the sound."
The purchase price was reportedly "well below" the asking price, but one must suspect that Stephen King, being an area resident himself, was rewarded in part with the satisfaction of knowing that music he loves will continue to fill the airwaves, and that a staff which had worked faithfully for him would continue to be employed.
There was more involved in this sale than just cash at closing.
Congratulations, Bangor! Keep on rockin'!