The Potential Broadcasting Trust has sold Country “Red 102.3” WCAT-FM Carlisle/Harrisburg, PA to Harold Swidler’s Radio Carlisle for $405,000. Radio Carlisle is the owner of crosstown “Country Gold Radio” WIOO. WIOO is an AM daytimer that is also heard on translator 97.9 W250AP in Carlisle and 1480 WEEO/93.9 W230AX Shippensburg, PA. The latter two stations, are owned by Radio Carlisle VP Eric Swidler. WCAT-FM was one of three stations required to be spun-off by the Department of Justice to satisfy the terms of Cumulus’ purchase of Citadel Broadcasting in 2011. Potential must still find new owners for Classic Rockers 92.1 WTPA Palmyra/Harrisburg, PA and 103.9 WRSR Owasso/Flint, MI.
Update 9/15: The Harrisburg frequency swap will take place tonight in front of the closing of the merger. CHR “Hot 92” WWKL will become “Hot 93.5”, while Classic Rock WTPA goes in reverse to 92.1. 92.1 WTPA and Country “Red 102.3” WCAT-FM will operated by a trust separate from the rest of the Cumulus spinoffs. Update 9/12: We now know the identities of the additional station(s) required to be spun-off by Cumulus to satisfy the DOJ. The Flint Journal identified Classic Rock “103.9 The Fox” WRSR as the Flint station. In Harrisburg, the already planned spin-offs of 92.1 WWKL and 102.3 WCAT-FM will satisfy the DOJ with one caveat. Northeast Radio Watch reports that 92.1 will acquire the intellectual property of Rock 93.5 WTPA, while “Hot 92...[Read More]