Here’s What Frank Iorio Is Pocketing From Lilly


RBR+TVBR on Friday first told readers of Lilly Broadcasting‘s reentry into radio ownership — a move that shows a newfound desire for a media it didn’t want to be a part of two decades ago, when it sold an AM/FM combo in Elmira-Corning, N.Y. that came with the market’s ABC-TV affiliate.

We now know the financial terms of this transaction, as well as the brokers.

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