An Idaho-based religious broadcaster has sold an FM translator in the Peach State.
It’s selling it to a local entity that will likely use it to bring a Classic Hits format under the “MYfm” branding, heard on five regional signals, to a small town just to the east of Albany, Ga.
In a transaction valued at exactly $1, Eldridge F. Mitchell III is gaining W240DI, at 95.9 MHz in East Albany, Ga.
The seller is Edgewater Broadcasting, a Twin Falls, Idaho-based noncommercial broadcaster that since 2003 has grown to a national entity, with distribution of its FreeFM and FreedomRadio Christian-focused formats on translator stations across the U.S.
It was not disclosed in the asset purchase agreement if this was a distress sale, and there was no explanation as to the sale price.
Mitchell is expected to use W240DI to rebroadcast WTTY-FM 97.7 in Ty Ty, Ga. WTTY airs “MYfm” along with WSIZ-FM 102.3 in Jacksonville, Ga.; WGSW-FM 106.9 in Americus, Ga.; WVHY-FM 97.1 in Axson, Ga; and translator W260BU at 99.9 MHz in Douglas, Ga.
