A Boston FM’s Bay State reach is shrinking, thanks to a sale to EMF. Also this week, there’s a deal nearly five years in the making in Kansas City. On Maryland’s Eastern Shore, a buyer quickly becomes a seller – and it’s a familiar name. A big Nebraska sale just closed. Plus, an Iowa general manager becomes the owner. Check out the details in this week’s Deal Digest.
A former Fox News Radio host begins building his radio group. Norsan Media adds another market to its map in South Carolina while in another Carolina market, EMF spins-off a translator where it now owns three full-power FMs. And the last of Mapleton’s stations is in the hands of a new operator. Check out the details in this week’s Deal Digest.
The holiday season brought a lot of expected year-end transaction closings and some new deal-making. Local Media San Diego, a group made up of several radio veterans, expanded its San Diego cluster. And Seven Mountains Media and Magnum Communications added to their station maps. Deal-making will also mean the loss of rock stations in markets like Denver and Traverse City, MI. Catch up with all the details in the first Deal Digest of 2020.
The holiday season began early for dealmakers as just one new deal for a full-power station was filed this week. Kristin Cantrell’s Seven Mountains Media adds an FM to its cluster outside the Lexington-Fayette, KY market. Also of note: Rob Austin’s Jamtraxx Media bought an FM translator this week in Madison, WI with plans to launch a new format in that market. Check out the details in this week’s Deal Digest.
It was a quieter-than-normal week in deal-making with just two new deals filed—and both were in Ohio and in both cases the sellers were colleges. One deal will give Holy Family Communications another FM in the Buckeye State. And another will give The Ohio State University another FM. Check out the details in this week’s Deal Digest.