Keeping it would have placed a reconstituted iHeartMedia over FCC local ownership limits.
As such, a Class C1 FM licensed to a Minnesota town that serves Grand Forks, N. Dakota, was placed in one of three trusts overseen by Barry Drake, the retired President/CEO of former Jacksonville-based radio station owner Backyard Broadcasting.
Now, just over two years later, iHeart is reclaiming this FM.
