Mighty Media Group Completes Memphis Sell-Off
Memphis First Ventures’ Mighty Media Group has sold Country “95.3 The Rebel” WEBL Coldwater MS/Memphis TN and the lease of 100.1 W261CE Southaven to Thomas Freeman’s North Mississippi Radio Group for $900,000.
Freeman is already quite familiar with the station as he has served as Program Director and then General Manager since November 2009. He previously served as Operations Manager for Cumulus Topeka KS, The Radio People Jackson MS, and Clear Channel Tupelo MS.
Mighty Media sold 830 WUMY/105.5 W288BJ Memphis to GMF-Christian Media in May for $706,823. It followed up selling 1180 WGUE Turrell AR/99.3 W257CY Memphis/101.5 K268DA Memphis to Butron Media Corporation for $799,000 last month.