Wesgo

{{Short description|Australian radio broadcasting company}}

{{Infobox company

|name =

|type =

|traded_as = {{ASX|WSG}}

|logo =

|former_name =

|industry = Radio

|foundation = 14 October 1982

|founder = 2WS
2GO

|defunct = 1995

|location_city = Sydney

|location_country = Australia

|key_people =

|services =

|revenue =

|revenue_year =

|operating_income =

|income_year =

|net_income = $7.7 million

|net_income_year = 1993/94

|num_employees =

|subsid = }}

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.[https://web.archive.org/web/20230402083940/https://parlinfo.aph.gov.au/parlInfo/download/publications/tabledpapers/HPP032016008020/upload_pdf/HPP032016008020.pdf;fileType=application%2Fpdf Annual Report for year ended 30 June 1983] Australian Broadcasting Tribunal[https://web.archive.org/web/20230401065026/https://www.afr.com/companies/a-slim-line-wesgo-tunes-in-to-the-90s-19921009-kaq5w A slim-line Wesgo tunes in to the 90s] Australian Financial Review 9 October 1992 In October 1987, eight stations were purchased from AWA making it the largest radio operator in Australia with 50 stations.[https://trove.nla.gov.au/newspaper/article/122111234 Radio days are over for AWA] Canberra Times 29 October 1987 page 16[https://trove.nla.gov.au/newspaper/article/122414884 Rural media group buys into Wesgo] Canberra Times 9 December 1987 page 54 In 1994 it was purchased by Australian Provincial Newspapers and delisted from the Australian Securities Exchange.[https://trove.nla.gov.au/newspaper/article/132459988 FM station sold] Canberra Times 18 January 1995 page 27

Assets

class="wikitable sortable"
StationCityNotes
2AYAlburypurchased October 1987
2GNGoulburnpurchased October 1987
2GOGosford
2CHSydneypurchased October 1987
2KONewcastle[https://web.archive.org/web/20230402084735/https://www.afr.com/politics/wesgo-brawl-over-broken-down-deals-19901126-k45f7 Wesgo brawl over broken down deals] Australian Financial Review 26 November 1990
2SMSydneypurchased July 1992[https://web.archive.org/web/20230401064551/https://www.afr.com/politics/broadcasting-act-gives-owners-sudden-choice-19921020-k55rv Broadcasting act gives owners sudden choice] Australian Financial Review 20 October 1992
2WSSydney
Gold 104.3Melbournepurchased January 1995
Magic 693Melbourne[https://web.archive.org/web/20230401060908/https://www.afr.com/politics/apn-jumps-at-austereo-sell-off-to-boost-wesgo-19950118-k685t APN jumps Austereo sell-off to boost Wesgo] Australian Financial Review 18 January 1994
3BOBendigopurchased October 1987, sold 1993[https://trove.nla.gov.au/newspaper/article/118113017 2SM chief quits after clash] Canberra Times 13 April 1994 page 31
3GGWarragul60% purchased March 1990[https://web.archive.org/web/20230331110441/https://www.afr.com/companies/wesgo-tries-many-paths-to-growth-19900420-kam88 Wesgo tries many paths to growth] Australian Financial Review 20 April 1990
4CACairnspurchased October 1987, sold October 1990[https://trove.nla.gov.au/newspaper/article/122319198 Willesee buys back into radio] Canberra Times 25 October 1990 page 17
4CCGladstonepurchased November 1995
4HIEmeraldpurchased March 1988, sold June 1988[https://trove.nla.gov.au/newspaper/article/101985346 Cash rich Wesgo set for expansion] Canberra Times 29 March 1988 page 29[https://trove.nla.gov.au/newspaper/article/101990777 Wesgo radio stations in Qld sell off] Canberra Times 23 June 1988 page 21
4KQBrisbanepurchased April 1986[https://trove.nla.gov.au/newspaper/article/118195924 ALP ratifies sale] Canberra Times 6 April 1986 page 3
4LGLongreachpurchased March 1988, sold June 1988
4MKMackaysold October 1990
4TOTownsvillepurchased October 1987, sold October 1990
5KAAdelaidesold 1993
6KYPerthpurchased October 1987

References