Drake expands Backyard


Cary Simpson, famed for kicking off the career of RBR/TVBR publisher Jim Carnegie and owning and operating the Farm & Home Broadcasting Company, is helping Barry Drake’s Backyard Broadcasting expand its Olean NY cluster. With WHDL-AM & WPIG-FM, both of Olean, already in the portfolio, Drake will reach across the border into Coudersport PA to acquire WFRM-FM from Simpson. The price will be $325K, with $225K of that paid pursuant to a promissory note.