Sales and Transactions: Week of Aug 31, 2007

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• Cumulus has applied to put WBCK AM 930 Battle Creek into a trust controlled by Stratus Radio, LLC which will in turn sell the station to an independent third party in order to comply with ownership limits.

Cumulus is acquiring Ann Arbor stations WWWW-FM 102.9, WQKL-FM 107.1, WTKA AM 1050, and WLBY AM 1290 along with Battle Creek stations WBXX-FM 95.3, WRCC-FM 104.9, WBCK AM 930, and WBFN AM 1400 from Clear Channel, a deal that is still pending final FCC approvals and closing. Previously, it was announced that Cumulus would be donating WBFN to Family Life Communications, however it appears that the FCC is requiring that Cumulus must plan to transfer both WBCK and WBFN before it grants approval of the deal.

Cumulus has been operating the Ann Arbor cluster under a local marketing agreement since earlier in the year.


• Licenses were granted to the following new FM translators: W255BC 98.9 Plainwell (Family Stations), W218CJ 91.5 Grand Ledge and W239AU 95.7 Webberville (Educational Media Foundation).

 

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About this Entry

This page contains a single entry by Mike Austerman published on September 4, 2007 10:57 AM.

West Michigan: Newsmakers Sep 4, 2007 was the previous entry in this blog.

West Michigan: Newsmakers Sep 6, 2007 is the next entry in this blog.

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