Wesgo

Last updated
Wesgo
ASX:  WSG
Industry Radio
Founded14 October 1982
Founder 2WS
2GO
Defunct1995
Headquarters
Sydney
,
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

StationCityNotes
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]

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References

  1. ↑ Annual Report for year ended 30 June 1983 Australian Broadcasting Tribunal
  2. 1 2 3 A slim-line Wesgo tunes in to the 90s Australian Financial Review 9 October 1992
  3. 1 2 3 4 5 6 7 8 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. 1 2 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. 1 2 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. 1 2 3 Willesee buys back into radio Canberra Times 25 October 1990 page 17
  12. 1 2 Cash rich Wesgo set for expansion Canberra Times 29 March 1988 page 29
  13. 1 2 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
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