Cincinnati’s WGUC acquires seven-station X-Star Network

WGUC will buy another Cincinnati public radio operation, WVXU and six affiliated repeater stations, from Xavier University. The sale price of $15 million is the second-largest sum ever paid for a pubradio license, WGUC President Richard Eiswerth told the Cincinnati Post last week. Selling WVXU was “tough but very necessary,” said Xavier’s president, Michael Graham. The Cincinnati school will use the funds to build a student learning and residential center. The deal had been in the works since September but kept under wraps, according to WGUC.