Several news/talk radio stations and some translators will be bundled in a massive deal that includes 34 radio stations total in Central Pennsylvania.
According to Radio Insight, Seven Mountains Media has struck a $17.3 million deal with Forever Media Inc. which includes the assumption of $1.7 million in debt.
Last month, Seven Mountains Media reached a deal to purchase stations near State College, PA from First Media LLC for $2.075 million.
Seven Mountains Media is owned by Kristin Cantrell. Her father Kerby Confer is President of Forever Broadcasting.
Employees of Forever Media will reportedly be terminated and all existing employees of the stations included in the deal with Seven Mountains will receive offers of at-will employment.
The following news/talk stations and translators are included in the deal.
Altoona PA:
News/Talk 1290 WFBG/104.5 W283DI
Johnstown PA:
News/Talk 1490 WNTJ/104.5 W283CX Johnstown and 990 WNTI/103.5 W278CR Somerset
Lebanon PA:
WFVY-FM Lebanon and News/Talk “Wilbur 1270” WLBR Lebanon
Meadville/Franklin PA:
News/Talk 1200 WKST/97.9 W250CW New Castle, and News/Talk “Allegheny News Talk Sports Network” 1230 WTIV/105.3 W287DC Titusville, 1450 WFRA/98.1 W251CL Franklin, and 1490 WMGW/100.7 W264DK Meadville
State College PA:
News/Talk 1390 WRSC/93.3 W227DV State College,
