WFME-FM in New York isn’t the only station being liquidated by religious outfit Family Stations – it also has filed to sell WFTI-FM St. Petersburg FL. But unlike the New York deal, the Florida transaction is strictly noncommercial on both ends.
It has to be, in fact – WFTI is on the noncommercial side of the commercial-noncommercial divide at 92 MHz.
The buyer is Radio Training Center, headed by James L. Campbell.
The price is a cool $2.5M cash.
The station is a Class A on 91.7 MHz with 3 kW @ 282’. It is not a full market station – it serves St. Petersburg well enough, but only puts a primary contour over a small portion of Tampa across the bay.
One thing that Radio Training Center will not get in this deal are the station’s call letters. They will remain with the seller.