 In 1995, WCRW was purchased by the owner of WSBC, Daniel Lee, for $500,000.A year later, he also purchased WEDC for $750,000 to make WSBC a 24-hour-a-day radio station; this ended the 60+ years of "shared-time" operation.The next year, Lee sold WSBC to Fred Eyechanner's Newsweb; Eyechanner was the former owner of WPWR-TV Channel 50 Chicago.