As the head of Magnum Communications, Jeffrey Sigmon sees dollars in broadcast towers.
Now, he’s made a deal with Don Curtis and his Curtis Media Group to take on ownership of an FM translator serving the community of Monroe, N.C.
Being sold to Sigmon is W232DI at 95.7 MHz, which covers the tiny patch of the Charlotte metro.
The deal is valued at $45,000, and it will be used to rebroadcast Class C3 WRBK-FM in Richburg, S.C., a noncommercial Oldies station that can be heard in Rock Hill, S.C., and southern parts of Charlotte.
There is no broker or finder associated with this transaction, which sees Coe Ramsey of Brooks Pierce serve as the legal counsel.
Curtis’ media properties in North Carolina are concentrated in Raleigh-Durham, Greensboro-Winston Salem, coastal counties and in the mountain community of Boone.