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]
| ASX: WSG | |
| Industry | Radio |
| Founded | 14 October 1982 |
| Founder | 2WS 2GO |
| Defunct | 1995 |
| Headquarters | , Australia |
| $7.7 million (1993/94) |
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- ^ Annual Report for year ended 30 June 1983 Australian Broadcasting Tribunal
- ^ a b c A slim-line Wesgo tunes in to the 90s Australian Financial Review 9 October 1992
- ^ a b c d e f g h Radio days are over for AWA Canberra Times 29 October 1987 page 16
- ^ Rural media group buys into Wesgo Canberra Times 9 December 1987 page 54
- ^ a b FM station sold Canberra Times 18 January 1995 page 27
- ^ Wesgo brawl over broken down deals Australian Financial Review 26 November 1990
- ^ Broadcasting act gives owners sudden choice Australian Financial Review 20 October 1992
- ^ APN jumps Austereo sell-off to boost Wesgo Australian Financial Review 18 January 1994
- ^ a b 2SM chief quits after clash Canberra Times 13 April 1994 page 31
- ^ Wesgo tries many paths to growth Australian Financial Review 20 April 1990
- ^ a b c Willesee buys back into radio Canberra Times 25 October 1990 page 17
- ^ a b Cash rich Wesgo set for expansion Canberra Times 29 March 1988 page 29
- ^ a b Wesgo radio stations in Qld sell off Canberra Times 23 June 1988 page 21
- ^ ALP ratifies sale Canberra Times 6 April 1986 page 3