The trustee of the station group has agreed to sell the station for $4.5 million to Radiant Life, a religious broadcaster.
Radiant Life Ministries is buying WRAY Raleigh-Durham, N.C., for $4.5 million from MTB Raleigh Licensee, the trustee for the Multicultural Television Broadcasting.
Radiant Life is a religious broadcaster. Earlier this year, it agreed to buy another of the Multicultural stations: WOAC Cleveland.
Still on the block are Multicultural’s two other TV stations: WMFP Boston and KCNS San Francisco.
WRAY, licensed to Wilson, N.C., broadcasts on ch. 42. Lee Shubert is the trustee of the Multicultural stations.
Kalil & Co. brokered the deal.