Alpha Media is converting its LMA of two West Palm Beach market AMs into an outright purchase.
Alpha will acquires Sports 640 WMEN Royal Palm Beach and News/Talk 850 WFTL West Palm Beach from Mark Jorgensen’s ACM JCE IV B LLC for $2 million. Jorgensen purchased the stations out of former owner James Crystal Enterprises’ bankruptcy restructuring in 2013 and has LMA’d the cluster to Alpha and previous cluster owner Palm Beach Broadcasting since August 2015.
WFTL and WMEN join an Alpha Media cluster that includes Hot AC 97.9 WRMF, Urban AC “X102.3” WMBX, Country 103.1 WIRK, AC “Sunny 107.9” WEAT and Urban “Beatz 96.3” W242CI/WMBX-HD2.