The second of three stations required by the Department of Justice in order to facilitate the Cumulus/Citadel merger has been sold. Classic Rock “103.9 The Fox” WRSR Owosso/Flint MI has been spun-off to Krol Communications according to the Owosso Argus-Press. Krol owns Classic Country 1520 WMLM Ashley and Hot AC “Z92.5 The Castle” WJSZ St. Louis MI. The Potential Broadcasting trust recently sold Country “Red 102.3” WCAT-FM Carlisle PA and still needs to sell 92.1 WTPA Palmyra/Harrisburg PA.
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]