Emmis’ Mediaco Move Complete, As Are Cumulus Spins


A pair of closings that come right before the Thanksgiving Day holiday are done.

One involves two big New York FMs now formally owned by a joint venture that sees its now-former licensee’s founder and CEO team up with Soo Kim — the head of a company that just acquired several radio and TV stations.

The other involves a former “NASH Icon” FM in Georgia spun by Cumulus Media as a required divestiture tied to its emergence from Chapter 11 bankruptcy protection.

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